Fearless commentary on finance, economics, politics and power

“During his time in office, Manchin served the fossil fuel industry and lined his pockets with the payoff,” said one critic.

Brazil’s Minister of Health, Nísia Trindade, claims that all COVID-19 vaccines have proven to be both effective and safe, and that COVID-19 is a vaccine-preventable disease. 

The US is losing power and geopolitical legitimacy by its mishandling, or one might say misguided handling, its clients Israel and Ukraine.

The famed short-seller talks Sam Bankman-Fried, why Wall Street is still so keen on crypto, and how technology is making us dumber

Sue the b*stards!

~ Today’s Water Cooler: Open Thread ~

The Fed again seems unable to contain its bad impulses.

Users expect online services to be free but some digital firms are now offering pay-or-consent options, affecting competition dynamics.

A discussion of Martin Weitzman’s ideas about the best way to look at species preservation.

By Lambert Strether of Corrente. Bird Song of the Day Common Nightingale (golzii), Ile River Delta–Zheltorangy Poplars; Almaty, Kazakhstan. * * * Politics “So many of the social reactions that strike us as psychological are in fact a rational management of symbolic capital.” –Pierre Bourdieu, Classification Struggles Capitol Seizure Hmm: A person is disqualified from […]

Major companies like Walmart create poverty via obscenely low pay, most recently confirmed via a UN special rapporteur.

A case study of biomedical science progress against cystic fibrosis, and the resulting “biomedicine” profiteering.