New institutional economics won another “Nobel prize”, claiming that good institutions and governance ensure growth, equity & democracy.
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Sunday, November 23, 2025
Another Nobel for Anglocentric Neoliberal Institutional Economics
Topics: Corporate governance, Free markets and their discontents, Globalization, Guest Post, Income disparity, Politics, The dismal science
Posted by Yves Smith at 12:26 am | 31 Comments »
Biden Bets on “Let ‘Er Rip” with a SECOND Pandemic-Grade Virus: H5N1 (“Bird Flu”)
Utter dysfunction in the Biden Administration’s H5N1 response (unless the goal is profit for the dairy industry, so “Let ‘er rip!”)
Topics: Guest Post, Health care
Posted by Lambert Strether at 5:25 pm | 31 Comments »
2:00PM Water Cooler 10/24/2024
~ Today’s Water Cooler: Politics, syndemics; Anti-Trump oppo barrage; Kamala’s town hall; Ohio pension funds sue Boeing, strike continues ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 96 Comments »
Voters Fret High Medical Bills Are Being Ignored by Presidential Rivals
“We’re all human beings here. We’re all people just trying to make it.”
Topics: Guest Post, Health care, Politics
Posted by Lambert Strether at 9:55 am | 19 Comments »
Links 10/24/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 124 Comments »
‘Hate and Lust for Vengeance Are Passed Like Poison from One Generation to the Next’
Vengeance is coming home.
Topics: Doomsday scenarios, Globalization, Guest Post, Middle East, Politics
Posted by Yves Smith at 1:38 am | 71 Comments »
The Economics of Medicine: Personal Reflections
More examples of how medicine, at least as practiced in the US, is going off the rails.
Topics: Free markets and their discontents, Guest Post, Health care, Private equity, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 12:27 am | 23 Comments »
2:00PM Water Cooler 10/23/2024
~ Today’s Water Cooler: Politics, Syndemics; 2024 Opinion-havers opine, two weeks out; Trump media blitz (Rogan; Carlson); Kamala and Biden’s decline (her view vs. the donor’s view); Boeing satellite explodes; Ortberg seeks culture change ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 131 Comments »
The Great Game of Logistics
Logistics corridors play an increasing role in the New Cold War. Do workers lose no matter who wins?
Topics: China, Doomsday scenarios, Energy markets, Europe, Globalization, India, Infrastructure, Middle East, Privatization, Real estate, Russia, Social values
Posted by Conor Gallagher at 9:00 am | 37 Comments »
Links 10/23/2024
Topics: Links
Posted by Conor Gallagher at 6:55 am | 161 Comments »
Heterodox Approaches Will Provide Answers to the Multiple Cascading Crises of Our Future
The old normal is rigid and destructive to humans and the planet. Heterodox ideas offer some hope, but will they be sufficient?
Topics: Doomsday scenarios, Economic fundamentals, Environment, Free markets and their discontents, Global warming, Guest Post, Permaculture, Politics, The dismal science
Posted by Yves Smith at 6:00 am | 33 Comments »
Big and Small Businesses Are Nothing Like Each Other
An important yet oft-ignored point: big and small businesses are wildly different, and that matters from a policy perspective.
Topics: Corporate governance, Economic fundamentals, Guest Post, Politics, Regulations and regulators, Social policy
Posted by Yves Smith at 2:06 am | 12 Comments »
The Dark Side of AI-Powered Synthetic Biology
Another warning about the dangers of AI-supercharged synthetic biology.
Topics: Doomsday scenarios, Free markets and their discontents, Guest Post, Health care, Risk and risk management, Science and the scientific method
Posted by Yves Smith at 12:37 am | 11 Comments »
My Life So Far in Writing Bits and Bytes (Partly, at Least)
How I learned to finish what I started.
Topics: Curiousities, Guest Post
Posted by Lambert Strether at 5:25 pm | 20 Comments »
2:00PM Water Cooler 10/22/2024
~ Today’s Water Cooler: Politics, syndemics; Trump and the Blob; Kamala’s beliefs, if any, unknown, perhaps not knowable; Wall Street iffy on contract agreement; restructuring begins?
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 111 Comments »


