In “Gaming Wall Street,” insiders reveal corruption of stock market : The Komisar Scoop thekomisarscoop.com/2022/05/in-gam…

"Knowledge has made us cynical, cleverness hard and unkind. We think too much and feel too little."

This whole framing is highly distasteful (to say the least). But I also think many Americans (including ones who clean their own homes) underestimate the degree to which their current standard of living is built on inequality, with immigrants at the bottom of the hierarchy.

Statement by the American Society of Anesthesiologists: “In an unprecedented move, Anthem Blue Cross Blue Shield plans representing Connecticut, New York and Missouri have unilaterally declared it will no longer pay for anesthesia care if the surgery or procedure goes beyond an

The amount of money these guys are throwing at a technology that is easily commodified and is easily hacked/reproduced by China is just insane. It feels so Soviet.

Maybe I'm overly sensitive bc of my line of work, but why does *every single part* of this economy feel like an obstacle course? Booking a flight, seeing a doctor, getting insurance, finding housing, taking your animal to the vet... Are people just numb to all this?

This half century delegation to private markets to codify basic norms has been a failed experiment on every level, but particularly at the consumer level where evangelists try most vigorously to justify it. Every transaction is a boobytrap. It's a total scam economy.

Lee Hepner The most maddening bureaucracies are corporate ones. Truly.

Can’t believe I typed that entire rant and forgot to mention I don’t want to leave a 25% tip on the touchscreen.

On the question of wages at big vs small firms: For workers in the bottom half of the income distribution, there is no pay difference between small and large firms. Big companies have higher average pay because of the bloated salaries of top employees. 3/ wsj.com/articles/bigge…

JPMorgan CEO Jamie Dimon’s U-turn on tariffs: from “get over it” to “one large additional straw on the camel’s back” sherwood.news/markets/jpmorg…

Today’s conversation made me think of an article years back about how Americans don’t want to buy anything unless they’ve been told it’s a deal, which is how you got retailers artificially marking up a price to “slash” it to the real price later. We’re still just that gullible.

And Ellen Rose DiMauro

It is very strange reading headlines implying that the country that is unilaterally making things more expensive for its own people is somehow "winning" relative to places that are not

US representative says it’s important for Libya to have an independent central bank with “technocratic integrity”

Scott Bessent: The economic data is weak and the Fed needs to cut rates ASAP. Kevin Hassett: The economic data is fake, and the actual economy is very strong. They can’t get their lies straight.

Sometimes it feels like Bernie is one of the few of his generation to understand lifting up future leaders is good, actually.

Charlie Munger understood the real payoff of wealth isn’t luxury - it’s freedom. Freedom to say no. Freedom to walk away. Freedom to live life on your own terms.

Klein here offers zero vision of democracy or better lives for Americans. He speaks about "beating back Tr*mpism" and offers a muddle of nostalgia and abstraction that it is good to be "liberal" and bad to be "illiberal". He's a great interviewer, but this is shallow stuff.