The largest drug companies are far more interested in enriching themselves and investors than in developing new drugs, according to a House committee report released Thursday
Recent Items
Sunday, January 11, 2026
Drugmakers’ Spending on Stock, Dividends and Executive Pay Exceeds Research, Democrats Say
Topics: Banana republic, Guest Post, Health care, Politics, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 6:25 am | 21 Comments »
Links 7/10/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 177 Comments »
New York City Subway Flooding Demonstrates Transit System Vulnerability to Climate Change
More frequent and severe New York City subway floods demonstrate how climate change is crippling critical infrastructure.
Topics: Banana republic, Doomsday scenarios, Global warming, Guest Post, Infrastructure, Politics, Privatization, Social policy
Posted by Yves Smith at 5:01 am | 40 Comments »
Book Review: The History of Animal-Based Medicine in China
Even critics of animal-based potions in China don’t understand its origins….which means they may be easier to contain than is now assumed.
Topics: China, Doomsday scenarios, Environment, Free markets and their discontents, Guest Post, Health care, Ridiculously obvious scams, Species loss
Posted by Yves Smith at 4:39 am | 23 Comments »
Musical Interlude (“On the Path of Decent Groove”): Bombast
Bombast is where my head is right now. And you?
Topics: Curiousities
Posted by Yves Smith at 4:13 am | 23 Comments »
2:00PM Water Cooler 7/9/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 157 Comments »
Trump Can’t Beat Facebook, Twitter and YouTube in Court – but the Fight Might Be Worth More Than a Win
Trump is back for another misguided, erm, quixotic fight. Could he still score points?
Topics: Banana republic, Guest Post, Legal, Media watch, Politics, Surveillance state, Technology and innovation
Posted by Yves Smith at 9:55 am | 27 Comments »
Links 7/9/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 151 Comments »
Moving the Covid Vaccine Goalposts
The Covid propagation and vaccine news is not pointing to happy outcomes
Topics: Doomsday scenarios, Dubious statistics, Health care, Media watch, Pandemic, Politics, Ridiculously obvious scams, Risk and risk management, Science and the scientific method
Posted by Yves Smith at 5:32 am | 152 Comments »
Wall Street Journal Fingers Columbia as Leader in Grad Students Whose Student Debt Leaves Them ‘Financially Hobbled for Life’
Columbia stands out in what a bad deal its graduate arts programs are. And President Bollinger is either clueless or indifferent.
Topics: Economic fundamentals, Income disparity, Ridiculously obvious scams, Student loans
Posted by Yves Smith at 5:30 am | 45 Comments »
The Future of Alzheimer’s Pharmaceutical Aducanumab – as a Medicine and as a Financial Product – What Happens Now?
The more you look at aducanumab, both the dubious FDA approval and the thin odds that it will perform medically, the less there is to like.
Topics: Dubious statistics, Guest Post, Health care, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 1:22 am | 16 Comments »
2:00PM Water Cooler 7/8/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 85 Comments »
War on Science Persists Within Biden EPA as Staffers Allege Chemical Reports Altered
Whistleblowers charge that Trump-style doctoring of scientific reports is continuing under Biden.
Topics: Doomsday scenarios, Dubious statistics, Environment, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 9:55 am | 28 Comments »
Links 7/8/2021
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 133 Comments »
How Intel Financialized and Lost Leadership in Semiconductor Fabrication
Intel is the poster child of how stock buybacks come at the cost of technological innovation.
Topics: Corporate governance, Free markets and their discontents, Guest Post, Investment management, Links, Market inefficiencies, Regulations and regulators, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 3:42 am | 30 Comments »



