Tag: Guest Post

Using History to Understand Hidden Wealth in the UK

Lambert here: The rich are different. They hide their wealth. Sadly, does not name names! By Neil Cummins, Associate Professor of Economic History, London School of Economics. Originally published at VoxEU. Sharp declines in the concentration of declared wealth occurred across Europe and the US during the 20th century. But the rich may have been […]

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How to keep your online game running and bug-free

Today’s game consoles offer functionalities — such as platform crossplay — that are something of a miracle. Because every game runs differently, especially across different systems and networks, these new perks come with backend complexities that, without the proper strategies in place for monitoring and observability, can negatively impact the gaming experience. So, how are […]

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The Geography of EU Discontent

Yves here. Quelle surprise! Economic decline is a big driver of populist discontent in the EU. By Lewis Dijkstra, Head of Economic Analysis Sector, Directorate-General for Regional and Urban Policy, European Commission; Hugo Poelman, Senior Assistant, DG Regional and Urban Policy, European Commission; and Andrés Rodríguez-Pose Professor of Economic Geography, London School of Economics. Originally […]

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Financialization of the U.S. Pharmaceutical Industry

Yves here. This article is a bit geeky but very much worth your attention. It shows how pharmaceutical companies are flat out lying when they say they need higher drug prices to support R&D. Their profits go almost entirely to buybacks and dividends. And this analysis does not incorporate another unflattering fact: that Big Pharma […]

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Content Rated By: An Oral History of the ESRB excerpt — “Chairman of the TBD”

GamesBeat is publishing this exclusive excerpt of Content Rated By: An Oral History of the ESRB. Read Part 1 here.  To help commemorate its 25th anniversary, the Entertainment Software Rating Board (ESRB) reached out to Blake J. Harris, the best-selling author of Console Wars: Sega, Nintendo, and the Battle That Defined a Generation and The History of the Future: Oculus, […]

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2:00PM Water Cooler 12/6/2019

By Lambert Strether of Corrente. Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had one weapon left and both knew it: treachery.” –Frank Herbert, Dune Here is a second counter for the Iowa Caucus, which is obviously just around the corner: * * […]

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US Targets Wage-Repression Model in Mexico, Demands Inspections, Industry Has a Cow

Yves here. I have to confess that even with trying not to get bogged down in the impeachment drama, it has nevertheless been such a distraction as to divert attention from important stories like the state of the so-called NAFTA 2.0 talks. This post describes how Democrats are pushing for wage and working condition protections […]

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Links 12/6/19

Climate change: Elephants killing and injuring people due to drought Sky News Ryrkaypiy: Far-north Russian village overrun by polar bears BBC A Summary of U.S. State Historical Snowfall Extremes Weather Underground Daily briefing: Climate-change models stand the test of time Nature The battle over green investment is hotting up Gillian Tett, FT Rivers could generate […]

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Why Hospitals Never Have Enough Nurses: The Explanatory Power of “Prasad’s Law” of Wealth Concentration

Yves here. In case you haven’t had the misfortune to acquire first-hand experience, what Vinay Prasad and Roy Poses say about chronic nurse shortages in hospitals appears to be correct. I have a good friend whose father was a doctor and who has spent big parts of her career in the medical biz (her first […]

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2:00PM Water Cooler 12/5/2019

By Lambert Strether of Corrente. Trade “The WTO’s trade dispute appeal system could end on Dec. 10. Here’s what you need to know.” [WaPo]. “On Dec. 10, the World Trade Organization appeals tribunal, the Appellate Body, won’t have enough members left to rule on trade disputes between countries. That’s a problem, given ongoing trade wars […]

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‘Dark Waters’ Tells the Origin Story of a Public Health Nightmare. We’re Still Living It.

Yves here. Yet another story of how a major health risk came to light…and unlike yesterday’s account of the FDA hiding information about defective medical devices, this one came out sooner rather than later. By Emily Pontecorvo. Originally published at Grist About a third of the way into the film Dark Waters, Rob Bilott, played […]

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The Debt Delusion

Yves here. It is frustrating to see how often seemingly new ideas need to be repeated, like “The earth is not flat,” or “The Federal government does not need to tax or go into debt to spend” for them merely to get a hearing, let alone for their ramifications to sink in. So here is […]

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Unwrapping the secrets of seasonal content

The holiday season is imminent, and it’s another marker in the year where retailers, service providers, and other industries tailor their offerings to fit in with the seasonal holidays. But why exactly is seasonal content so important, especially for mobile games? In short, it can boost session lengths, retention, and monetization because it gives players […]

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2:00PM Water Cooler 12/4/2019

By Lambert Strether of Corrente. Trade “Falling impeachment support raises pressure for Democrats on trade” [The Hill]. “The drop in support for impeachment in the polls is increasing pressure on Democrats to strike a deal on the U.S.-Mexico-Canada Agreement (USMCA)…. Polling on impeachment has found that a majority of respondents support the process, but support […]

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Links 12/4/19

Hoag’s Object Is a Galaxy Within a Galaxy Within a Galaxy (and Nobody Knows Why) Live Science. Sounds like a CDO. A “Synchronized Downturn” Calls for a “Synchronized Response” Valdai Discussion Club WeWork: Auditor EY didn’t warn about the risks Francine McKenna, The Dig Brexit Boris Johnson refuses to rule out leaving EU on WTO […]

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Why the UK Needs a Financial Transaction Tax

Yves here. On the one hand, this article clears up some popular, and in many cases, lobbyist-propagated misconceptions about a transaction tax. Oddly, it fails to make the most important argument in their favor: that more and more studies are finding that outsized financial sectors are bad for growth, and that secondary market trading (as […]

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Opening of Formerly Secret FDA Database Exposes Medical Device Failures, Spurring Lawsuits

Yves here. I am appalled by the anodyne tone of this Kaiser Health News article. I know their house style is “just the facts, ma’am,” but they are averting their eyes from an outrage. Who at the FDA allowed certain medical device-makers to shunt reports of product defects into a database hidden from the public […]

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Wealthy Countries’ Approach to Climate Change Condemns Hundreds of Millions of People to Suffer

Yves here. Perhaps I am being churlish, but I find this post to be an exercise in climate change delusion. It is true the advanced economies owe emerging economies a debt for the climate damage they’ve done, and the fact that that would constrain their development if everyone were to get as serious as they […]

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Esports and fashion? A match made in marketing heaven

When luxury fashion brand Louis Vuitton announced in September it would be partnering with Riot Games’ League of Legends World Championship to design in-game outfits and a trophy carrying case, many people were left scratching their heads. On the surface, high fashion and video games seem an unlikely pairing. But as esports continues to shift […]

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