https://technodynamics.substack.com/p/price-gouging-and-research-costs Excellent piece. See this iconic examination: Lazonick, William, Matt Hopkins, Matthew Frye Jacobson, Mustafa Sakinc, and Oner Tulum. “US Pharma’s Financialized Business Model.” Institute […]
Externalities – the language of Econ 101 What are externalities? Defined in two widely used textbooks: “An externality occurs when some of the costs or […]
We have written at some length about the flatlining of income growth for the bottom 90% of the population since 1980 and the transfer […]
A reader of my recent post, “Bernie Sanders got much right about our current situation….” commented: “Thank you Mark for validating what we know to […]
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 […]
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 […]
The present Medicare Advantage (MA) offerings by private insurance began in 1999 as an alternative to traditional Medicare health insurance for seniors. Today, over half […]
The other day I was poking around in TikTok to see what it is all about. Came across a quote from Karl Marx that struck […]
Yesterday as I was taking a walk up and down Warren St. here in Hudson I realized that I had become actively angry about the […]
Tightrope provides a well-written description of the American crisis through personal stories and hard data. Unfortunately it falls flat in its call for action.
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