Externalities are everywhere, once you start looking for them. These are the costs (or, sometimes, the benefits) that accrue to those outside of an economic transaction who likely didn’t consent to pay for them. I’ve written about them before, such as how WalMart profits by not having to pay for security services that are provided
United States Senator Richard Blumenthal (D-CT) has written a letter urging the U.S. Department of Justice (DOJ) to reject the proposed $465 million settlement reached between the government and Mylan, Inc. after it was discovered the beleaguered corporation, responsible for increasing the price of the life-saving EpiPen to $600 per 2-pak in August of this
After reports of former Fox News anchor Gretchen Carlson’s $20 million settlement with the network over allegations of sexual harassment by then CEO Roger Ailes, several more allegations against Ailes began to surface, with a number of female employees claiming they, too, had been harassed by him. Some chose to remain anonymous, while others chose
On Friday, October 14, Connecticut Superior Court Judge Barbara N. Bellis dismissed a lawsuit brought by nine surviving family members of the victims of the Sandy Hook Elementary school massacre against the gun company who manufactured the gun used by Adam Lanza to carry out the shooting. The lawsuit alleged both the manufacturers of the
Imagine receiving a diagnosis of cancer, complete with a treatment protocol that included grueling chemotherapy treatments, radiation and a surgically-placed port in your chest, only to learn a year later you never actually had the disease and were the victim of a misdiagnosis. I think in most cases, patients would not only want answers, but
In what quickly became a viral sensation, Outside magazine reporter Rowan Jacobsen, who writes about food and travel for the publication, wrote an homage to the Great Barrier Reef in the form of an obituary, stating it had “passed away in 2016 after a long illness. It was 25 million years old.” The story about
There’s no denying the upcoming presidential election has exposed a dark, sick, seedy side of our society in which sexual assault, harassment, and abuse targeted toward women has become a staple of our day-to-day conversations, and how seemingly desensitized we’ve become to it. I can’t think of another point in history when we have had
The First Amendment’s clause regarding the freedom of the press is crucial to maintaining a well-informed electorate and a world-class republic. Within a small social unit, such as a family or neighborhood, it’s possible for everyone to know everyone else, but in a polity as large as the United States, we rely on media outlets
The writing is on the wall for the Republican Party, and it spells the end not only of the GOP as we have known it but of the two-party system on which the American plutocracy has for so long depended. The candidacy of Donald Trump is only the immediate cause of the demise of “the
A barbershop in Ypsilanti, Michigan is spreading some much-appreciated goodwill throughout Washtenaw County by offering discounts on haircuts to any child who reads aloud while getting clipped. With a wide selection of books to choose from in the shop, all of which depict positive stories and images of African-Americans, the Fuller Cut is making a