US economy sees robust jobs growth in December
Though job losses are rising – especially in the tech sector – the figures overall remained near historic lows last year, said Andrew Challenger, senior vice president at Challenger, Gray…
Nepo Babies and the Myth of the Meritocracy | naked capitalism
Yves here. I hate to be a stickler, but meritocracy has always been a myth. See the 2007 Conference Board Review article Fit v. Fitness for a long form explanation.…
The Steep Cost of Bio-Based Plastic | naked capitalism
Yves here. Gee, advanced economies might have to find out how to live without plastic. Jerri-Lynn, who spent a lot of time in India and Turkey, described the many ways…
2:00PM Water Cooler 1/6/2023 | naked capitalism
By Lambert Strether of Corrente. Bird Song of the Day Melodious Warbler, Ribeira de Pena, Vila Real, Portugal. Politics “But what is government itself, but the greatest of all reflections…
Long COVID Stemmed from Mild Cases of COVID-19 in Most People | naked capitalism
Yves here. I must confess I have not looked at the underlying multi-country study summarized in this post. Nevertheless, I thought the headline finding was worth promoting. First, there is…
How Austerity Caused the NHS Crisis | naked capitalism
Yves here. While the US health care system is coming apart at the seams, it has been preforming inconsistently and increasingly poorly for some time. My impression by contrast is…
Reuters first to report Germany steps up emergency cash plans to cope in blackout – Reuters News Agency
Economy 15 November 2022, 7:09 pm. 1 minute By Reuters News Agency Reuters exclusively revealed German authorities are stepping up preparations for emergency cash deliveries in case of a blackout…
Even a Soft Landing for the Economy May Be Uneven
Small businesses and lower-income families could feel pinched in the months ahead whether or not a recession is avoided this year.
Links 1/6/2023 | naked capitalism
Think you have it bad? The Reformed Brokerx ChatGPT Creator in Investor Talks at $29 Billion Valuation WSJ Automakers are pouring millions into “flying taxis” Axios. Reassuring that stupid money…
Germany, the Birthplace of the Pfizer-BioNtech COVID-19 Vaccine, Now Wants to Cancel Its Vaccine Deal | naked capitalism
“Too many doses, billions in costs – the government [of Germany] wants to cancel the vaccine deal.” When the Pfizer-BioNtech’s mRNA COVID-19 vaccine hit the market, in December 2020, it…