Bit of an Introduction ; The above chart shows the extent of the consolidation of PBMs which also portays the growing lack of competition. The chart comes from the Oklahoma petition filed in the Cleveland County District Court. Cleveland County is the fifth fastest-growing county, encompassing vibrant communities such as the southern part of Oklahoma City, Moore, Norman, Noble, Lexington, Slaughterville, Little Axe, as...

Commies dilute their productive capital with unproductive commie bullshit = 0…Here is a wild chart. The total return on Chinese stocks since 1993 is negative. In contrast, India is a 13-bagger. pic.twitter.com/SPvczZxkld— Jeff Weniger (@JeffWeniger) September 20, 2024

I am confident many of our moms had Tupperware in the house. High density molded soft plastic which could withstand cold temperature and some degree of heat coming from hot water. Came with lids which could seal food within the container and also burp them to release some air and create a tighter seal. A staple within our household and also my mothers’. The only issue was probably cost. There were opportunities to hold parties where women would...

 – by New Deal democrat There are some economic and financial indicators that aren’t classic leading or lagging indicators. Rather, they are “over-sensitive” in one direction or another. Two good examples are heavy truck sales and the unemployment rate: they are over-sensitive to the downside: they lead going in to recessions, but lag coming out. The S&P 500 stock market index fits in this category as well. The classic aphorism is “the...

Join ~10,000 others in downloading my free 'Funny Money' Bundle (2 books, worth $60): new.stevekeenfree.com Engineers, Finance, and IT Pros: Learn 50+ years of Real Economics in only 7 Weeks. Weekly with me. Learn more: apply.stevekeenfree.com -- Who is Dr. Steve Keen? Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against...

from Peter Radford Is it a cult? Is it a guild? Both perhaps? I remember reading sometime not long ago that Steve Levitt was leaving Chicago.  Two things stood out in the article bringing that news:  first, Levitt said he was concerned that economics was becoming irrelevant; second, someone had told him he was not doing ‘proper economics’. Here’s a clue who that someone was: Heckman. Then, more recently, the Financial Times editorial page accused the economics discipline of becoming a...

September 19, 2024 Letters from an American “Democracy depends on at least two healthy political parties that can compete for voters on a level playing field. Although the men who wrote the Constitution hated the idea of political parties, they quickly figured out the party’s tie voters to the mechanics of Congress and the presidency.” Only one such party exists. Yesterday morning, NPR reported that U.S. public health data are showing a...

Don’t study economics if you’re interested in economics! .[embedded content] Steve Keen gives a truthful view of the state of economics today. Modern economics has become increasingly irrelevant to the understanding of the real world. This irrelevance comes to a large extent from the failure of economists to match their deductive-axiomatic methods with their subject. Within mainstream economics, internal validity is everything and external validity is...

Purity is impossible, and half measures feel better than nothing but also are a failure. This is in regard to Microplastics which are next to impossible to avoid. And it’s all expensive. If a family is expecting a baby and wants, reasonably, to buy plastic-free baby products. Given everything humanity is learning about the possible impact of plastic on fetal and child development, they would have to be relatively rich to avoid plastics. The Cost...

These guys are ahead of us. What Scared Ford’s CEO in China, WSJ Jim Farley had just returned from China. What the Ford Motor chief executive found during the May visit made him anxious: The local automakers were pulling away in the electric-vehicle race.  In an early-morning call with fellow board member John Thornton, an exasperated Farley unloaded.  The Chinese carmakers are moving at light speed, he told Thornton, a former Goldman...