Yves here. Richard Murphy highlights how housing is ever more unaffordable in the UK, portending yet another housing/financial crash. To add insult to injury, Brits are underhoused by advanced economy standards. From World Population Review: The United Kingdom once had...
What is the scandal-tarnished Japanese tech giant Fujitsu doing running the government’s digital Proof of Age Standards Scheme (PASS)? Let’s begin with the good news: Cash has just completed a two-year revival tour in the UK. In 2022, cash payments...
Yves here. Rob Urie takes a step back to place the murder of the UnitedHealth CEO Brian Thompson in a broader political/economic context. It’s not news that the US health care industry prioritizes profit over care. But most choose to...
Donald Trump wants to create Freedom Cities. It’s a good idea. As I wrote in 2008, the Federal Government owns more than half of Oregon, Utah, Nevada, Idaho and Alaska and it owns nearly half of California, Arizona, New Mexico...
Science could solve some of the world’s biggest problems. Why aren’t governments using it? Nature An Ancient Killer Is Rapidly Becoming Resistant to Antibiotics, Study Warns ScienceAlert #COVID-19/Pandemics A single mutation in bovine influenza H5N1 hemagglutinin switches specificity to human...
Yves here. The crisis triggered by Macron triggering early parliamentary elections and the resulting failure to form a coalition could, remarkably, intensify expected European energy woes. Winter is coming and this one is expected to be cold. By Tsvetana Paraskova,...
When does it make sense to organize most of your urban activity on a (more or less) straight line? If land transport is very costly, as in much earlier times, and a river is available, you might build much of...
EJ Antoni/Heritage writes: Another month, another record high for the number of gov’t employees Well, yes. Of course, population is also at a record high. So too is nominal GDP. What to do…what to do… maybe normalize? Maybe choose...
By Lambert Strether of Corrente. I had started this post with a quest for a nickname: I couldn’t, after all, keep writing “the alleged assassin of Unitedhealth CEO Brian Thompson” over and over, and “CEO assassin” seemed too generic for...
By Lambert Strether of Corrente. Bird Song of the Day Northern Mockingbird, 138 Captains Dr, West Babylon US-NY, Suffolk, New York, United States. “Two cuts of the same bird. Loaded with mimicry: Carolina Wren (song and call), American Crow, Blue...
