13th June 2024

Avert your eyes! My Sunday morning take a look at incompetency, corruption and coverage failures:

Getting much less for a similar worth? Discover how the CPI measures “shrinkflation” and its impression on inflation. (BLS)

How a Drug Firm Made $114 Billion by Gaming the U.S. Patent System: AbbVie for years delayed competitors for its blockbuster drug Humira, on the expense of sufferers and taxpayers. The monopoly is about to finish. (New York Instances) see additionally “We’re Nonetheless Gonna Say No”: Inside UnitedHealthcare’s Effort to Deny Protection to Chronically Sick Affected person: After a school pupil lastly discovered a remedy that labored, the insurance coverage large determined it wouldn’t pay for the expensive medication. His battle to get protection uncovered the insurer’s hidden procedures for rejecting claims. (ProPublica)

The Narcissism of the Offended Younger Males: What to do concerning the lethal misfits amongst us? First, acknowledge the issue. (The Atlantic)

Sean Penn’s Catastrophe-Reduction Charity Ended Up a Cash Mess: CORE saved American lives through the pandemic. Staff say it has additionally did not defend them from alleged sexual harassment or tackle monetary mismanagement. (Businessweek)

Professionalize the police: U.S. residents are 60 occasions extra prone to be killed by police than British ones, a gulf the Noah Smith blamed on a scarcity of professionalism: U.S. police common about 600 hours of coaching, in comparison with greater than 2,000 in England. American law enforcement officials bear far much less coaching than American plumbers or cosmetologists, professions that don’t require folks to hold lethal weapons. An apparent main reform wants extra consideration than it’s getting. (Noahpinion) see additionally Cities Are Considering About Police Staffing All Mistaken: The variety of officers in most big-city departments is similar because it was when crime was a lot greater within the late 2000s. (CityLab)

The reality behind the viral MTG Tweet claiming the second covid booster places many individuals within the hospital: A take a look at the sources MTG cites and fact-checking the numbers these sources use. (Grid)

Inside a US Neo-Nazi Homeschool Community With 1000’s of Members: An Ohio couple has been unmasked as leaders of the neo-Nazi “Dissident Homeschool” Telegram channel that distributes lesson plans to 2,400 members. (Vice)

Far-right venture that pushed election lies expands mission as Trump ramps up 2024 marketing campaign: ReAwaken America faces criticism from spiritual leaders because it pushes disinformation utilizing Christian nationalist messages. (The Guardian)

Ron DeSantis’ Secret Twitter Military of Far-Proper Influencers: Ron DeSantis’ political operation has been recruiting conservative influencers. However the personalities DeSantis is attracting have loads of issues. (Every day Beast) 

In a Famed Kenyan Recreation Park, the Animals Are Giving Up: As a local weather change-induced drought wears on, it’s placing extra stress on wildlife, livestock, and other people. (Undark) 

Remember to try our Masters in Enterprise subsequent week with William Cohan, M&A funding banker at Lazard Frères, Merrill Lynch, and JP Morgan Chase. He’s additionally an completed creator, was a columnist for Vainness Truthful’s Hive, and a founding father of Puck. He’s additionally a NYT bestselling creator of a number of books on Goldman Sachs, Bear Stearns, and Lazard Frères. His newest e book on GE is titled: “Energy Failure: The Rise and Fall of an American Icon.”

US spends most on well being care however has worst well being outcomes amongst high-income international locations

Supply: CNN

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We’ll on the ETF convention in Miami subsequent week; no reads Monday, Tuesday or Wednesday…

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