10 Sunday Reads – The Big Picture

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

• Getting much less for a similar worth? Discover how the CPI measures “shrinkflation” and its affect 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 Times) see additionally “We’re Nonetheless Gonna Say No”: Inside UnitedHealthcare’s Effort to Deny Protection to Chronically In poor health Affected person: After a school scholar lastly discovered a remedy that labored, the insurance coverage large determined it wouldn’t pay for the pricey medicine. His battle to get protection uncovered the insurer’s hidden procedures for rejecting claims. (ProPublica)

• The Narcissism of the Indignant Younger Males: What to do in regards to the lethal misfits amongst us? First, acknowledge the issue. (The Atlantic)

• Sean Penn’s Catastrophe-Aid Charity Ended Up a Cash Mess: CORE saved American lives in the course of the pandemic. Workers say it has additionally didn’t defend them from alleged sexual harassment or handle monetary mismanagement. (Businessweek)

• Professionalize the police: U.S. residents are 60 instances extra more likely to be killed by police than British ones, a gulf the Noah Smith blamed on an absence of professionalism: U.S. police common about 600 hours of coaching, in comparison with greater than 2,000 in England. American cops endure 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 Flawed: The variety of officers in most big-city departments is identical 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 have 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 undertaking 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. (Daily Beast) 

• In a Famed Kenyan Sport 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) 

Be sure you take a look at our Masters in Business subsequent week with William Cohan, M&A funding banker at Lazard Frères, Merrill Lynch, and JP Morgan Chase. He’s additionally an achieved writer, was a columnist for Vainness Truthful’s Hive, and a founding father of Puck. He’s additionally a NYT bestselling writer of a number of books on Goldman Sachs, Bear Stearns, and Lazard Frères. His newest guide on GE is titled: “Power 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…