"200bn dollars cannot be explained by innovation, it's a kind of techno-feudalism." DiEM25 co-founder Yanis Varoufakis on how Amazon reshapes the world to exploit workers, consumers and communities. SUPPORT US --------------------- Join DiEM25: https://diem25.org/join​ Donate to DiEM25: https://diem25.org/donate Subscribe: https://www.youtube.com/c/DiEM25official #amazon #jeffbezos #capitalism

Chebyshev’s and Markov’s Inequality Theorems Chebyshev’s Inequality Theorem — named after Russian mathematician Pafnuty Chebyshev (1821-1894) — states that for a population (or sample) at most 1/k2 of the distribution’s values can be more than k standard deviations away from the mean. The beauty of the theorem is that although we may not know the exact distribution of the data — e.g. if it’s normally distributed  — we may still say with certitude (since the...

Medicare Advantage Over Payments In the conclusive summation of the latest KFF report on Medicare Advantage Healthcare plans which KFF also has in place, is this: Historically, one goal of the Medicare Advantage program was to leverage the efficiencies of managed care to reduce Medicare spending. However, the program has never generated savings relative to traditional Medicare. In fact, the opposite is true. As a result, Medicare Advantage...

Another Message Board Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’ve moved my irregular email news from Mailchimp to Substack. You can read it here. You can also follow me on Mastodon here I’m also trying out Substack as a blogging platform. For the moment, I’ll post both at this blog and on Substack. Share this:Like this:Like Loading...

.[embedded content]

Book Review: “Slouching Towards Utopia,” J. Bradford DeLong, (foreignaffairs.com), Liaquat Ahamed I am not going to put all of the review of Brad’s book Slouching Towards Utopia here. I thought I would alert AB readers to it and point to the freebie (for me at least and I believe you too) review at Foreign Affairs. Brad DeLong’s highly anticipated economic history of the twentieth century, Slouching Towards Utopia, begins with the reminder that...

Introduction to a Real World Issue: Taken from the National Institute of Allergy and Infectious Diseases Health (NIAID) headed by Dr. Anthony S. Fauci. Health disparities are gaps in the quality of health and health care mirroring differences in socioeconomic status, racial and ethnic background, and education level. These disparities may stem from many factors, including accessibility of health care, increased risk of disease from occupational...

Professor Steve Keen is an internationally recognized Economist. Described by Vox Day and Daniel Sanderson as "the greatest living economist," this video series is designed to bring out Steve's natural humility. Joined by regular guests Daniel Sanderson and Tyrone Keynes (Ty), the series will oscillate between friendly banter and economic excellence. WARNING: if you are a close-minded neoclassical economist, climate denier, or generally an angry person, this show is NOT for you....

The problem with western countries today is domination by these "SUPERMANAGERS" or Meritocraatic Elite. Unless governments introduce Newer Taxation Policies and Social Mobility, we are in for a bumpy ride with increasing inequality never seen before. Thomas Piketty answers the question of wealth inequality with progressive taxation. In this video, we examine Piketty's Economic theories about inequality and its cures. ? Instagram - https://www.instagram.com/dr.shadabmoosa/ ? My...