Last summer, MD/journalist Elisabeth Rosenthal's husband had a bike accident and was seriously injured and taken by ambulance to an emergency room.
Today, 800,000 Hong Kongers marched through the city in a demonstration commemorating their six months of protests. Thanks to landslide victories for pro-Democracy candidates in last month's election, today's march had an official police permit — the first such permit issued since August.
In a recent installment of his Plenary Session podcast, hematologist-oncologist Vinay Prasad observed that "There are interventions that disperse wealth, … and they give people jobs, and they send them out in the community; and there are implantable drugs, implantable devices, there are drugs, there are cancer screening tests, and we will always prioritize interventions that consolidate money in the hands of the few, over interventions that disperse money to the hands of many, with the same levels of evidence."
Neoclassical economics was built on the straw-man of "homo economicus," an inherently selfish utility-maximizing actor, and since the mid-1970s, we've been building systems and institutions that take this kind of sociopathic behavior for granted.
The far-right Duque administration in Colombia is only fifteen months old, but its polarizing policies have brought the country to its knees, with a third general strike in just two weeks shutting down the country yesterday.
For ten years, activists and theorists have been developing a critique of "algorithms" (which have undergone numerous renamings over the same time, e.g. "filter bubbles"), with the early critiques focusing on the way that these can misfire with dreadful (or sometimes humorous) consequences, from discrimination in which employment and financial ads get served to the "dark patterns" that "maximized engagement" with services that occupied your attention but didn't bring you pleasure.
Retired journalist John Richard's founded the Apostrophe Protection Society in 2001, its mission to convince people that apostrophe's denote missing letter's and possession, but never plurals.
Modern Monetary Theory (MMT) (previously) is an alternative to neoclassical economics that holds that sovereign states that issue their own currency can't default on debts denominated in that currency (if you are the sole source of Canadian dollars and all your debts are in Canadian dollars, you can always pay those debts), and that deficit spending is normal (every dollar in circulation was "deficit spent," since the money to pay taxes enters the economy when the government spends it into existence), and that inflation isn't a mere function of government spending — but rather, inflation occurs when governments and the private sector are bidding against each other for the same goods and services.
Hubert Horan (previously) is a transport industry analyst who has written more than 20 essays for Naked Capitalism as well as two peer-reviewed scholarly articles explaining why Uber is a "bezzle" — that is, a scam that can't possibly ever make money, no matter how much it preys on drivers, ignores passenger safety, and destroys safe, regulated taxi businesses. — Read the rest
Hans Calmeyer was a left-wing German lawyer — his law license was temporarily suspended when he was accused of being a Communist — who was inducted into the German army under the Nazis, who put him in charge of an office that determined which Dutch people would be deported to Auschwitz during the Nazi occupation.
The pharma industry spends $2 on marketing for every $1 it spends on R&D: Shahram Ahari was a rep for Eli Lilly, so he knows how the money was spent: in a tell-all op-ed in the Washington Post, Ahari describes how he lavished spending over doctors, everything from dinners at "so many fancy Manhattan restaurants that the maitre d's greeted me by name" to free ballgames and Broadway musical tickets to offering hundreds of thousands of dollars in speaking fees to top prescribers.
John Barnett had a three-decade career as a Boeing quality manager, but after he was transferred to the Charleston, SC production facility for the Boeing 787 "Dreamliner," he became a whistleblower — now he's been forced out of the company and is waiting for various federal agencies to rule on the complaints he brought against the company.
Classified Pentagon spending is the fastest-growing part of the US military budget, rising to 11% of the total $716b proposed for 2020; this spending is not subject to oversight and House Armed Services Committee Chair Adam Smith [D-WA] says it leads to waste.
Modern Monetary Theory (AKA MMT) is the latest incarnation of a long-running current in economic thought, once called Chartalism, which has gained prominence in recent years as an alternative to austerity economics, whose dictates have immiserated millions, destabilized world politics, and threaten the extinction of the human race thanks to climate inaction in the guise of "fiscal restraint."
Back in September, a Congressional committee investigating anticompetitive conduct by America's tech giants sent a letter to Apple (among other Big Tech firms) asking it for details of business practices that seem nakedly anticompetitive; Apple's response seeks to justify much of that conduct by saying that it is essential to protecting its users' privacy.
After Hurricane Katrina, New Orleans was shock doctrined through a massive, neoliberal transformation, the centerpiece of which was a replacement of the public school system with a system entirely made up of charter schools.
Last week's local elections in Hong Kong were supposed to be a pro-forma affair, reaffirming the dominance of pro-Beijing "loyalist" politicians; instead, pro-democracy parties swept every district save one — the rural Islands district, where seats are automatically handed to "pro-establishment rural chiefs."
68% of the 1600 residents of of Baldwin, Florida — where the median income is $44k/year — voted for Trump in 2016, and in the years since, they've lost their only grocery store, which has been a particular hardship for the large number of seniors who live there, many of whom are no longer able to drive.
The past two years have seen a tremendous shift in the public perception of capitalism and socialism, the character of philanthropy as reputation-laundry rather than generosity, and the nature of wealth as an indicator of sociopathy, not virtue or cleverness.
Captain Elle Ekman is a US Marine Corps logistics officer; in a New York Times op-ed, she describes how the onerous conditions imposed by manufacturers on the US armed forces mean that overseas troops are not permitted to fix their own mission-critical gear, leaving them stranded and disadvantaged.