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- Eric Dane Was Misdiagnosed With Treatable Illness Before Final ALS Diagnosis
“My life has become a horror movie,” Dane wrote in his memoir. [TheTopNews] Read More.1 day ago - An 80-Cent Plastic Pouch Is Saving Thousands of Women From Dying in Childbirth
The maternal drape, as it is called, is helping to solve one of the world’s most intractable health problems. [TheTopNews] Read More.1 day ago - Binance says fake job interviews used as part of $6.3bn crypto hack
An engineer was contacted through a legitimate job-hunting platform and invited to bogus job interviews with fake company representatives, Binance says. [TheTopNews] Read More.1 day ago - Can Affordability Save Democracy?
In 2024, anger over rising prices helped return Donald Trump to the White House. Two years later, Trump’s war with Iran has sent fuel costs soaring, threatening his party’s control of Congress. A president who benefited from the public’s frustration with inflation has inflicted another price shock on voters. Anti-Fascist Economics: In Defense of Affordability, Dignity, and Democracy by Isabella Weber. Penguin Random House, 400 pp. For economist Isabella Weber, the political consequences should come as no surprise. In Anti-Fascist Economics, she argues that governments that fail to prioritize the economic needs of ordinary people invite a backlash against democracy itself. From Weimar Germany to the COVID-19 pandemic, she traces how rising prices for essentials can erode faith in democratic institutions and create openings for the far right. Her prescription is not simply for governments to spend more, but to make affordability their organizing principle. That argument could sound like a familiar progressive indictment of neoliberalism, the governing philosophy that treats market outcomes as largely beyond the reach of democratic politics. Weber does not equate neoliberalism with fascism: early champions of market liberalism, including Friedrich Hayek, saw it as a defense against authoritarianism. But by placing so many economic decisions beyond democratic intervention, she argues, this orthodoxy has “normalized the acceptance of mass suffering.” A government that tells voters it is powerless to relieve hardship should not be surprised when they turn against it. Weber’s most provocative target, however, isn’t a free-market conservative. It’s Joe Biden. Biden declared his economic agenda to be a break with the orthodoxies of the previous four decades. His administration invested in domestic manufacturing, strengthened antitrust enforcement, and used industrial policy to accelerate the transition to clean energy. By many measures, Bidenomics represented exactly the kind of muscular government Weber favors. The Inflation Reduction Act, in particular, rejected the notion that government should leave major economic transitions to the private sector. Yet the voters who endured the inflation of his presidency elected Trump anyway. Why? Weber’s answer is that Biden’s team failed to confront inflation with the same willingness to challenge conventional economics that they demonstrated elsewhere. Officials understood that pandemic disruptions had constrained supplies and driven up prices, she argues, but largely waited for markets to adjust rather than intervening directly to shield consumers in the short term. “What [they] did was a big deal,” she writes of Biden’s broader agenda.… [TheTopNews] Read More.1 day ago - Publix can’t shake the earnings sluggishness
Grocer continues to feel impact of the Medicare maximum fair price change and economic conditions [TheTopNews] Read More.1 day ago - Binance Says Hackers Plotted $6.3 Billion Heist for MonthsA report from the cryptocurrency exchange described a monthslong campaign involving fake job interviews that exploited an engineer’s work computer and an internal A.I. tool. [TheTopNews] Read More.1 day ago
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