If you have read Medicare Advantage uses Algorithms to block care for Seniors, Angry Bear, (STAT Investigation, Casey Ross and Bob Herman) you might think this is a relatively new phenomena in healthcare. At the bottom of the post you will find a link to another commentary. Why did I put another commentary site there as written by different authors? Number one, so I would not forget it. Number two, to make a point of showing the use of algorithms...
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New home sales for February increase; likely bottomed last July
New home sales for February increase; likely bottomed last July – by New Deal democrat Most of what you probably read elsewhere focuses on new home prices, which after finally declining -0.7% YoY in January, rebounded to +2.5% YoY. As is usual, prices follow sales YoY with a considerable lag (note since prices are not seasonally adjusted, this is the right way to make the comparison): In fact if you’ve been reading me and following my rule...
Read More »Rassmussen: Americans trust in US banking system
Polling indicating extreme negative sentiment… embarrassing…
Read More »Steve & Friends with Steven Hail and Gabrielle Bond Episode #19
Steven Hail is an Adjunct Associate Professor at Torrens University, having previously been a Lecturer in the School of Economics at the University of Adelaide. Gabrielle Bond is CEO of the Modern Money Lab, and closely works with Steven Hail to develop a strong set of course around MMT and ecological economics. Website: https://modernmoneylab.org.au/ Lecture Steve Keen gave for the Modern Money Lab: https://youtu.be/5LvyxH3O7kE
Read More »Weekend read – Inflation! The battle between creditors and workers
from Blair Fix I’ve been writing about inflation for the better part of three months. It’s been exhausting. Most of my time has been spent debunking misconceptions promoted by mainstream economists. Fortunately, I’m ready to move on. What’s interesting about inflation is not the fact that prices rise. What matters is that prices rise at different rates. In other words, inflation creates winners and losers — it redistributes income. In this post, I’ll dive into the redistribution dynamics...
Read More »Bill Black on SVB: A Bipartisan Clown Car Crash — Bill Black interviewed by Colin Bruce Anthes
Transcript.the AnalysisBill Black on SVB: A Bipartisan Clown Car CrashWilliam K. Black interviewed by Colin Bruce Anthes
Read More »I’ll admit. I am baffled by what’s going on with the banks.
Bank stocks are trading like it's another GFC yet the losses to bank capital in the GFC were 6 times greater, not to mention current fiscal support being twice as strong. Makes no sense. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://www.pitbulleconomics.com Understanding the Daily Treasury Statement video course....
Read More »The Greek Saga: Competing Explanations of the Greek Crisis – S.Mavroudeas, New York University, 24/3/2023
The Greek Saga: Competing Explanations of the Greek CrisisA Lecture by Professor Stavros MavroudeasFriday, March 24, 10:00-11:15 am ESTThis is the third speaker event of a three-part series on Political Economy. Professor Mavroudeas, is a renowned economist in the field of Political Economy. Despite the fact that the Greek economic crisis happened more than ten years ago, it is as relevant today as it was then because it shows that market economies are prone to breakdowns. Why did it...
Read More »Proud father (personal)
My son David Syll was elected today as a Swedish Bar Association member. I know your mother Kristina and grandpa Erik — if they had still been with us — would have been so immensely proud of you for keeping up the family tradition. Congratulations David!
Read More »Monetary Policy Debates in the Age of Deglobalisation: the Turkish Experiment-II
By Hasan Cömert & T. Sabri ÖncüThis article first appeared in the Economic & Political Weekly on 18 March 2023.This article is the second in a series of articles on monetary policy debates in the age when deglobalisation became a buzzword. Here, we begin our discussion of the ongoing economic experiment in Turkey as an example to elaborate on these debates. In the third article, we will turn our attention to the post-2018 Turkish currency crisis phase of the experiment by focusing on...
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