Fearless commentary on finance, economics, politics and power

Lambert here: Because markets. Fred Schulte and Lauren Weber, Kaiser Health News. Originally published at Kaiser Health News. [UPDATED at 1:45 p.m. ET] Health insurers that treat millions of seniors have overcharged Medicare by nearly $30 billion the past three years alone, but federal officials say they are moving ahead with long-delayed plans to recoup […]

The rule of the “radical left” Greek party Syriza came to an end earlier this month after it had abandoned its promise of reform.

History shows that incentivizing the wealthy to contribute to the population’s basic needs makes everyone a winner.

How the US has used its economic muscle to defend its hegemony and the rest of the world is looking to claw power back.

Keen delves into DICE (“Dynamic Integrated model of Climate and the Economy”)—the mathematical model underpinning Nordhaus’ work and the flaws in Nordhaus’ methodologies.

Trying to cut through the noise of Trump’s Palestine deal-making efforts.

Quelle surprise! Workers want a steady paycheck.

Today’s Water Cooler: China v. Us trade, Biden, Buttigieg, Delaney, Sanders, Trump and fascism, Warren, Yang, DSA resolutions, consumer confidence, Epstein and our ruling class, safety deposit boxes, Google tracks pr0n sites, Airbus pitch-up issue, gardens, alligators, intergenerational trauma

Unpacking the issues in the seizure of an Iranian tanker.

A short Brexit update and some questions on the state of Labour.

Turns out Trump was not all wrong in saying the dollar was overpriced.

An new working paper by Sebastian Horn, Carmen Reinhart and Christoph Trebesch on China’s foreign lending has some important findings, such as that China accounts for more than 40% of the external debt of 50 developing countries. We’ve embedded the document at the end of this post. The study is an ambitious undertaking, seeking to […]