One of the iconic moments in Australian sport occurred in at the 2002 Winter Olympics. Australians are strong in most summer sports, but we don’t have much in the way of a winter, so it was considered quite an achievement for Steven Bradbury to make the finals of the speed skating event. He was given little chance of winning, and was trailing the pack until the final seconds, when all four skaters ahead of him crashed spectacularly. Bradbury cruised past them to claim the gold medal,...
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Oldest employed Americans have left the workforce never to return
Here for you left wing commie Art Degree MMT dumb fucks: S&P Global Market Intelligence Oldest employed Americans have left the workforce never to returnThe oldest workers in the US labor force, edged out during the pandemic by retirements and health concerns, are unlikely to ever return, potentially ending a decades-long trend amongst working seniors in America and contributing to the ongoing imbalance in the jobs market.Doesn’t have anything to do with whether your fellow Art degree...
Read More »Is this inflations impact on money?
Is this inflations impact on money?
Read More »Book Presentation “India from Latin America. Peripherisation, Statebuilding, and Demand-Led Growth” by Manuel Gonzalo
[embedded content]A demand-led growth perspective of Indian development. Book available here. Comments by Alex Thomas.
Read More »Jobless claims up 14.6%, 4-week average up 11.8%, and continuing claims up 29.6%
Initial jobless claims maintain renewed yellow caution flag – by New Deal democrat Some post-pandemic unresolved seasonality may be affecting the weekly claims figures, as just like last year, they are declining sharply compared with early August. But on a YoY basis, they are not nearly so positive. Initial jobless claims rose 3,000 last week to 220,000. The 4 week average declined -5,000 to 224,500. With a one-week delay, continuing claims...
Read More »The community right to buy
Publications The community right to buy How housing acquisitions can regenerate left behind communities, improve standards, and decarbonise homes By Alex Diner 14 September 2023 Download the report...
Read More »The ultimate methodological issue in economics
The ultimate methodological issue in economics If scientific progress in economics — as Robert Lucas and other latter-day followers of Milton Friedman seem to think — lies in our ability to tell ‘better and better stories’ one would of course expect economics journals to be filled with articles supporting the stories with empirical evidence. However, the journals still show a striking and embarrassing paucity of empirical studies that (try to) substantiate...
Read More »$20 Billion Scam At The Heart Of Medicare Advantage
In May of 2023 The $20 Billion Scam At The Heart Of Medicare Advantage, PNHP, Matthew Cunningham-Cook and Andrew Perez, Lever News, May 2023. Health insurance company Humana enjoyed a banner year in 2022. Humana made $2.8 billion in profits in 2022, while paying out $448 million in dividends to shareholders, and paying more than $17 million in compensation to its CEO. One of the main inputs to those earnings was the federal government’s $20.5...
Read More »REACHing” for Equity . . . Moving away from Regressive to Progressive Value-Based Payment
“REACHing” for Equity — Moving from Regressive toward Progressive Value-Based Payment, NEJM, Suhas Gondi, Karen Joynt Maddox, and Rishi K. Wadhera. A pretty good take on Value Based Payment Programs and what are the issues. Keep in mind, who determines what the value is to the patient. What is the rub here. Who ascertains the degree of value or is it just the profit motive driving this program also. Just like Medicare Advantage . . . service and...
Read More »Interventionist causes and modularity
Interventionist causes and modularity Modularity is the mark of a type of independence from context. The same functional relationship between variables will hold in a given component of the contributing mechanisms whether or not there is a change in a different component. The total effect may change when different components contribute, but the operation of the modular mechanism will not be changed nor change them. In situations where the presence or...
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