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.
Read more...Category Archives: Market inefficiencies
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.
Read more...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.
Read more...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.
Read more...New Jersey’s Flooding Crisis Hits Low-Income People Hardest
New Jersey’s flooding problems as a microcosm of what is to come.
Read more...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.
Read more...Credentialism and Corruption: Medical Coding, Symbol Manipulation, and Symbol Manipulators
“Strategic coding” as a consequence of the health care system.
Read more...How Monopolies Stymie Political Activism: The Case of Black-Owned Businesses
Black businessmen and political thinkers long recognized that monopolies threatened their communities and their ability to serve as activists,
Read more...Will New Required Reporting of $3 Trillion of Debt Crimp Big Cos, Private Equity?
A geeky accounting change in liability reporting may have real world consequences.
Read more...Reader Query: Do You Feel Facebook Ads Target You Accurately?
Facebook advertising metrics and you!
Read more...Potential Phishing Equilibria Under Neoliberalism in the U.S. Medical Coding System
Medical coding systems, the ugly truths of miscoding and upcoding, and disputing your bill
Read more...Bill Black: Kenneth Arrow’s (Ignored) Impossibility Theorem
Nobel Prize winner Kenneth Arrow’s most celebrated theorem illustrates why economics isn’t just wrong-headed but actually destructive.
Read more...How Antitrust Enforcement Can Spur Innovation: Bell Labs and the 1956 Consent Decree
A concrete example of how well-designed antitrust enforcement produced large economic benefits.
Read more...“Inflation’s Comeback”
Some at-times unintentionally revealing Serious Economist discussions of inflation risk.
Read more...Wolf Richter: Judge Reveals Shady Side of Crushed Aetna-Humana Merger, Banks to Lick their Wounds, Aetna to Get Pummeled
Yesterday, a federal judge blocked Aetna’s $34-billion acquisition of Humanam, citing concerns that their combined pricing power would raise costs to consumers.
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