Category Archives: Market inefficiencies

Quelle Surprise! Pollution Pays!

A study of DuPont’s failure to clean up emissions of a toxic chemical shows pollution is economical rational. Too bad the remedies are lame.

Will Big Data Eat Hollywood’s Lunch?

Hollywood relies ever more heavily on repetitive content.
Will firms like Netflix, Facebook, Amazon, and Google swallow it whole?

Nurses: Paul Krugman Gives ‘Shallow Political Advice’ On Health Care Reform

While the National Nurses Union back national health care, they are cautiously calling only for Medicare for All, not a more robust system.

Healthcare Hypocrisy: How Politicians Hide Behind the 1986 EMTALA Law to Avoid Healthcare Reform

Is the emergency room mandate, EMTALA, responsible for lawmakers failing to devise reasonable legislation to fund health care?

It Takes a Theory to Beat a Theory: The Adaptive Markets Hypothesis

Economist Andrew Lo presents his alternative to the Efficient Markets Hypothesis: the Adaptive Markets Hypothesis.

Wolf Richter: Cryptocurrencies Collapsed

Why “collapsed” is not too strong a word to describe the recent price action for currency wannabes.

Quelle Surprise! Study Confirms that ACA Narrow Networks Exclude Top Cancer Doctors

A new study confirms NC’s longstanding observations of the dangers that narrow networks pose to participants in ACA plans.

Inequality: How We Got Here, and What Should Be Done

More discussion of the causes of rising inequality and possible remedies.

Follow the Money: Non-Profit Hospital CEOs Quietly Collect Their Millions While US Health Care Reform Battle Rages

The gravity defying pay given to top health care managers, particularly the top managers of non-profit hospital systems.

Don Quijones: Shock Waves Spread from Spain’s New Banking Crisis

Market consequences of latest banking crisis in Spain, triggered by the collapse of housing prices that caused plunge Banco Popular shares to plunge.

Wolf Richter: Dear Fed, It’s Not “Really Hard to Spot Bubbles”

Here are some visual aids to help the Fed spot the housing bubble.

Private Equity’s Lousy Governance

A upcoming law journal article does a fine high-level job of debunking private equity’s claims of providing better governance.

Hayek and Neoclassicals Meet Information Theory and Fail

Why the left doesn’t need to engage Hayek, Friedman, and neoclassical economics but should instead argue from information theory.

New Jersey’s Flooding Crisis Hits Low-Income People Hardest

New Jersey’s flooding problems as a microcosm of what is to come.

Fintech Puts Payday Lending Old Wine in New Bottles

“Fintech” provider Lyric Financial is out to take advantage of financially unsophisticated musicians. Hipness is part of the ruse.