Background Cerberus Capital, a private equity firm, began buying several hospitals in Massachusetts in 2010. In 2015, Cerberus sold most of its hospitals’ property to other investors for $1.25 billion. This suddenly added significant lease […]
Over several decades, there has been increasing discussion of the role of ultra-processed foods in our health. Globally, surging levels of diabetes, hypertension, obesity, and other chronic illnesses. Developing scientific levels of proof of the […]
On a recent visit to NYC, I came upon this scene of brand excess just north of Trump Tower on 5th Ave. This is the Louis Vuitton store wrapped to look like 19th-century steamer trunks. […]
Now that the billionaire class has installed their President and seized many posts in the Trump cabal, they are fighting over a limited supply of mansions close to the throne. “In this 1831 lithograph, Honoré […]
Ben Casselman wrote this piece in the 1.10.2025 NYTimes: “Economists Are in the Wilderness. Can They Find a Way Back to Influence?” The article cites the following as evidence of the decline of economists’ influence: […]
In the wake of Trump’s victory over Harris there has been much hand-wringing over how to explain the obvious trend among Americans to favor Republicans. Is the Democratic Party too focused on social issues? Is […]
The tsunami of billionaires that has washed across the planet over the last decade or so is troubling in the extreme. Now, we have the fattest one setting policy in Washington in the most direct […]
American Compass is a self-described think tank for conservative economics. From its Mission Statement page: “We are developing the conservative economic agenda to supplant blind faith in free markets with a focus on workers, their […]
For the period between the end of WWII and 1979 there was productivity growth of ~ 55%. That means that for an hour’s work, the economic value grew by 55%. Over that period, workers’ wages […]
A key part of the description of capitalism in orthodox (neoclassical) economics, and our political rhetoric, is the role competition between companies plays in keeping the automatic self-regulation of markets humming for the most efficient […]
Copyright © 2025 | WordPress Theme by MH Themes