Another image of labor’s broken back: $48,887 in profit per employee!
…five years, total profits of the current Dow 30 members surged by more than 42% through the end of 2014, to nearly $320 billion. This has driven the average annual…
…five years, total profits of the current Dow 30 members surged by more than 42% through the end of 2014, to nearly $320 billion. This has driven the average annual…
…Mylan proposed cost structure is being challenged when compared to the expected costs of manufacture. WSJ claimed Mylan improperly assigned a tax to the expected profit which decreased Mylan’s profit…
…little in 2012 ($600 million), and this profit turned into annual losses in subsequent years- to over $20 billion/year by 2017. So why such a massive difference in profit/loss estimates?…
…a federal health insurance program for people 65 or older. Medicare Advantage (MA) is a programs allowing for-profit health insurers to offer benefits through Medicare. The MA benefits can result…
…the move in court as a violation of the original 2016 agreement when Prospect Medical bought the previously non-profit Crozer-Keystone Health System. That agreement included Prospect Medical’s promise to keep…
…a reference to the fact that the government was actually making a profit on defaulted student loans through Sallie Mae’s collection activities. No lender makes a profit on defaulted student…
I had an interesting web experience. My tweet noting that the US Treasury made a profit on TARP got a relatively large number of replies. Many people were outraged in…
…become a wildly profitable scheme for private insurance giants. They have become adept at taking advantage of Medicare’s billing model to claim exorbitant profits. At this point, MA is more…
…opponents of mechanization or advocates of short-time working, a reasoning they label as a misconception and which we know today under the label ‘lump of labor’ fallacy ‘. But the…
…productive factors, he apparently concludes, somewhat naively, that just as the laborers in society will in the aggregate profit by increase in the social income, so also will the laborers…