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FT and Standard Chartered Business Book of the Year Award 2026
Contenders include three former winners and titles on power, innovation and society
Healthcare AI likened to a sleeping giant waiting to wake up in many hospitals not named Mayo Clinic
What would it take to put just about every U.S. hospital on par with Mayo Clinic in sheer quality of care? Not a lot more than better use of AI.
Final UI for Googlebook ‘Desktop Camera’ app revealed [Gallery]
Ahead of the Googlebook launch this fall, we now have a full look at the Desktop Camera application that will...
Ex-Patriots Starter Turning Heads With Miami Dolphins
The Miami Dolphins preseason opener is in the books, and after a 20-7 loss against the Washington Commanders, fans got a better idea of what to expect in the upcoming season.Despite the loss, and the struggles of the team’s second and third units, there were some positive developments that should leave the team encouraged. Among […] The post Ex-Patriots Starter Turning Heads With Miami Dolphins appeared first on HEAVY.
5 Powerful Features To Enable On Your Chromebook
If you have a Chromebook, or are thinking about one but on the fence, these features may sway you.
Patriots notebook: Christian Gonzalez misses team’s walkthrough practice
Picked up notes from Sunday's walkthrough practice.
Is the MacBook Pro M5 still worth buying after the price hike?
It could be wise to wait, or settle for a cheaper model.
📚 The Inoculation Project 8/16/2026: Harlem Books, Youngstown Science
This week, we’re helping a Harlem third grade class get some new and engaging books, and an Ohio high school science class do a variety of cool labs. We hope that readers who support quality public…
Hasan Piker torched over playbook to dodge his past controversies: 'Bats--- crazy'
Shannon Watts accused Hasan Piker of deflecting past controversial remarks, sparking a heated exchange over Democrats' responsibility for rhetoric.
Rethinking drinking: UNM professor's book examines the science of alcohol use
For nearly 10 years, UNM psychologist William R. Miller has studied how people cut down their alcohol use. Now, he and longtime collaborator Ricardo F. Muñoz are revisiting that research in their new book, Rethinking Drinking: Making the Right Choice for You, set for release Sept. 1.
Major political transformation is underway in Hungary after Victor Orban was ousted
NPR's Danielle Kurtzleben speaks with journalist Nick Thorpe about the changes made by the Hungarian government since Victor Orban's Fidesz party lost power following elections in April.
Politics chat: Democrats take lessons from the primaries, set 2028 calendar
We look at how the Democrats are gearing up for the 2028 presidential primaries, as well as their takeaways from the current batch of primary races.
Waymo is taking a bite out of rideshare. Driver impact is hard to see.
Waymo's share of gross bookings in SF, LA, and Phoenix are in the high teens, data showed. Experts say the impact on drivers is still murky.
Are You Really ‘Maxxing’ Your Health? What to Know About 4 Viral Health Hacks
“Maxxing” trends are growing in popularity on social media, but experts say these health hacks, which promote optimizing nutrition, sleep, and fertility, may be ineffective or even pose health risks.
MacBook Neo 2 Release Date Will Boost Apple’s Spring Sales
The MacBook Neo 2 is expected to launch in Spring 2027 alongside the iPhone 18 and iPhone 18e. It's another step by Apple to split its professional and consumer hardware.
Physicists discover a hidden gluon structure inside protons that could rewrite textbooks
Physicists may have uncovered a hidden feature inside protons that helps preserve one of matter’s most fundamental properties. RHIC collision data suggest baryon number is carried not simply by three quarks, but by a Y-shaped junction of the gluons connecting them. The finding challenges a decades-old textbook picture and could deepen our understanding of why protons—and ultimately matter itself—remain stable.
Not Asus, Not MSI: Consumer Reports Says This Laptop Brand Is The Most Reliable
Consumer Reports found that Apple's line of MacBooks are the most reliable of all laptops based on estimated problem rates derived from over 75,000 surveys.
Campbell still trying to find answers for Lions offensive line
With a dozen days of training camp and one preseason game in the books, questions remain about the Detroit Lions offensive line starters. Coach Dan Campbell learned more about the line in the loss at Cincinnati on Thursday. While most starters did not play, including left tackle Penei Sewell, Campbell got a good look at right tackle, rookie Blake Miller and at center Seth McLaughlin who both started.
I switched from Windows to Mac after 25 years, and it’s the trackpad that converted me.
I’ve been using Windows laptops for almost 25 years. In that time, I never once seriously thought of buying a MacBook. In fact, I can honestly say I had never used one at all until I bought my MacBook Air M5 six months ago. Never borrowed one for a weekend, spent an afternoon at an […]
A Maine-Built Hero: How One Little Ship Changed Antarctic Science Forever
New book by educator and historian Charles Lagerbom chronicles the remarkable journey of the R/V HERO, from a South Bristol shipyard to the front lines of climate research, and back
Prediction markets and sports betting: How this UK exchange is trying to do both in the U.S.
Smarkets is entering the U.S. prediction market race but also applying to run as a sportsbook within states amid regulatory uncertainty at the federal level.
El Paso's most booked restaurants of 2026 revealed by OpenTable
OpenTable released its rankings on Aug. 6, highlighting the El Paso restaurants that diners are booking the most. Here's the list.
Xteink’s tiny e-readers are getting access to free books through Libby
It’s getting a lot easier to source ebooks for Xteink’s tiny e-readers.
Colorado Politics Calendar Aug. 17-23
CoPo’s weekly political calendar will help you find political and public-policy events throughout Colorado. It includes candidate and issue campaign events, public policy meetings, court hearings, state and local party conventions, assemblies, debates, rallies, parades, speaking engagements, traveling dignitary appearances, water meetings, book signings, county commission hearings, city council meetings and more. As a subscriber, […]
Citius Oncology, Inc. Reports Fiscal Third Quarter 2026 Financial Results and Provides Business Update
/PRNewswire/ -- Citius Oncology, Inc. ("Citius Oncology" or the "Company") (Nasdaq: CTOR), an oncology-focused biopharmaceutical company and majority-owned...
Vulnerability giving attackers full control of Macs is under active exploitation
Screen-sharing bug lets remote hackers log in without a password.
Dell’s more-affordable Snapdragon X Plus Googlebook lineup comes into focus
Over the last few weeks, the initial Googlebook leaks have centered heavily on what will likely turn out being higher-end, more expensive hardware. From Intel Panther Lake in the ASUS CX9406 and...
Frankie Valli, 92, retires from performing after 60 years
Frankie Valli’s younger brother Bobby Valli announced the news in a Facebook statement, calling the singer a ‘living legend.’
Why Editors Will Shape the Next Wave of Branded Entertainment
Little Black Book, As brands move beyond one-off campaigns and towards recurring formats and fully-fledged entertainment IP, the editors who can shape real emotion and character are becoming more important than ever, writes Alexander Jamieson, co-founder and managing partner of No Sushi
Jeremy Strong reveals this about Mark Zuckerberg movie 'Social Reckoning'
Jeremy Strong has revealed he reached out to Mark Zuckerberg, and received a response back, before playing the Facebook entrepreneur in the upcoming movie "The Social Reckoning."
You Don’t Always Need a Student ID for Apple’s Back-to-School Deals
Apple has a hidden certified refurbished store that offers the popular MacBook Neo for $100 off.
‘Murakami saw his book come alive!’: the Japanese company bringing the author’s science fiction masterpiece to the stage
A play based on the writer’s dreamlike novel Hard-Boiled Wonderland and the End of the World is touring the world, riding a wave of interest in Japanese culture. Its creators talk about how they adapted the famously cryptic tale
PAVmed Provides Business Update and Reports Second Quarter 2026 Financial Results
/PRNewswire/ -- PAVmed Inc. (NASDAQ: PAVM) ("PAVmed" or the "Company"), a diversified commercial-stage medical technology company operating in the medical...
Businesses feel the strain as the deadline for Trump's 50% Canadian tariff approaches
If President Trump's threatened 50% tariffs go through later this month, construction businesses that rely on materials imported from Canada are among those that will suffer.
Friday essay: we’re all ‘political’ now – but can that lead to real change?
In our age of ‘hyperpolitics’, what does meaningful change look like? Anton Jäger’s buzzy new book has some answers – but could go harder on neoliberalism.
Apple adds iPhone X and 2018 MacBook Pro to obsolete products list
Apple today updated its vintage and obsolete product lists, with the iPhone X and 15-inch 2018 MacBook Pro now classified as obsolete.
Entertainment: Irish Fest and State Fair Bookend Busy Weekend
Plus: Center Street Daze will draw crowds to Riverwest.
AI needs science’s search history
“Actually, that’s where the gold is,” said Alasdair Russell, my graduate school friend who leads a pre-clinical genome editing group at Cambridge. He was talking about the winding road of science that is omitted from published papers. “When you’re discussing how to do the experiment, and why this way is better than another way, and what does the data really mean? I know what it shows, but what does it mean?” At RAAIS 2026, he described how his group has begun logging the twisting path of discovery as it happens, recording the verbal and written exchanges that normally disappear. Ideas become nodes in a living graph: they branch when a meeting produces two plausible experiments, merge when separate lines of evidence converge, and go dark when someone quietly stops pursuing them. In his implementation, one agent scores novelty, while another tries to learn “how scientists think and how they navigate through a complex world of data,” so that high-potential nodes can trigger deeper investigation. As frontier AI labs deploy agents toward scientific discovery, giving AI authentic scientific taste remains a trillion-dollar dilemma. The bottleneck is that the record we have kept for centuries of science might be insufficient to get us there. The experiments that never make the paper Peter Medawar, 1960 Nobel laureate and “father of transplantation,” asked in 1963 whether the scientific paper was a fraud, and answered yes: the form of the paper misrepresents the thinking that produced it. Sixty years on, the diagnosis is unchanged. A paper presents a clean progression from hypothesis to result to conclusion. Lost along the way are the unconventional theories, the abandoned or unaffordable methods, and the underwhelming and inconclusive data. It reads like a browser history with every dead end deleted: the ten open tabs, the four rephrased queries, the wrong turn down a subforum. All scrubbed, leaving one clean path from question to answer as the canonical path. What has changed since then is that the discarded material is now worth something. No high-impact journal wants these artifacts, but raw trial and error is the most likely source of the training data required to develop scientific intuition, or what researchers call taste. Earlier attempts to capture the discards were motivated by scientific integrity. The Journal of Negative Results in Biomedicine launched in 2002 to publish rigorous studies that disputed established models or exposed ineffective treatments. Its archive preserved negative conclusions after they had become papers, rather than the live alternatives and arguments that produced them. BioMed Central closed it in 2017, saying the mission had been served now that other journals publish null results. A less generous reading is that in fifteen years it published around 200 papers because almost nobody wants to read a negative result, let alone write one up when it will not count toward academic tenure. AI models are different. Even an uninteresting negative result can be useful, provided it is labeled. Earlier this year, Anthropic put a version of this to the test. The company pulled 129 decision points from real Claude Code sessions between January and March 2026, showed models the work up to a human detour, and asked what should happen next. Claude Mythos Preview beat the human choice 64% of the time, while Opus 4.5 managed 51%. The comparison was tilted toward the models because Anthropic deliberately chose moments where the human decision had room for improvement. On 127 further scenarios where the human action was already strong, the models improved on it only about 20% of the time. The study was possible because Anthropic’s researchers work inside a tool that logs by default. The reasoning, detours and outcome are produced in the same working environment. Biology has no equivalent. Its reasoning happens in hallways, at benches, in Slack threads and on whiteboards, while the outcome arrives weeks later somewhere else. The record has to emerge from the work itself. Ask scientists to reconstruct it afterwards and we’ll create another polished account. Subscribe A log is not a label Before any of this becomes training data, a negative result has to say what failed. The first paper published in the Journal of Negative Results in Biomedicine examined 234 negative studies across five leading medical journals. Only 30% discussed statistical power, and half clearly defined a primary outcome. Tell a model an experiment failed, without telling it whether the assay was underpowered, a reagent had degraded, or the hypothesis was simply wrong, and it will learn noise with confidence. Decision histories have a second missing label too. When a lab considers five experiments and runs one, only the chosen branch returns an outcome. The other four are experimental counterfactuals. Researchers call this the selective labels problem: the data reveal results only for the actions someone chose to take. Such a record can teach a model to imitate a lab’s taste, but it cannot establish that the taste was good. It also smuggles local constraints into general lessons. A lab that never ran cryo-EM because it did not own a microscope teaches a model that cryo-EM is rarely the right call. Alasdair’s nodes preserve the candidate set, which is the necessary first step. To be useful, each decision record needs six fields: The evidence available at that moment, and nothing that arrived later. The candidates considered, including the ones dismissed in a sentence. For each candidate: the expected result, the confidence attached to it, and the cost in time and money. The route chosen, and the reason. What happened next. How the evidence changed the scientist’s view. These must be timestamped before the outcome, because hindsight turns uncertainty into inevitability. Disagreement also has to survive. Averaging three scientists into one clean rationale reproduces exactly the information loss we are trying to fix. But there is an obvious failure mode here. Once decisions are logged and scored, people log for the record post-facto. Anyone who has watched an electronic lab notebook fill up with retrospective tidying knows how quickly a research tool becomes a compliance exercise. A record that costs a scientist ten minutes of honest reflection per decision is worth far more than one that costs an hour of performance. A publication initiative called Registered Reports offers a useful starting point. Here, researchers submit their rationale, methods and analysis plan for peer review before the data exist, and the journal commits in principle to publish if they follow the approved plan. Nature has now expanded the format across every field it covers. This approach to paper writing timestamps intent before the outcome, but it freezes one plan. A useful search history must also preserve how the plan changed, which alternatives were rejected, when, and on what evidence. Subscribe Run the runner-up Autonomous labs show what happens when decisions and outcomes are connected in a loop. Liverpool’s mobile robotic chemist ran 688 experiments over eight days in a ten-variable formulation space. A batched Bayesian search used each result to choose the next experiments and found photocatalyst mixtures six times more active than the starting formulations. Every completed experiment changed what the system did next. The robot optimized within a goal and search space that humans had already chosen. It did not decide which scientific question mattered. So what this work demonstrates is narrower, but still useful: a search history pays off when the options return standardized outcomes quickly. Open-ended biology is harder because branches can take weeks and the discarded alternatives may never be run. Some exploration therefore has to be bought. Where two branches are plausible and the stakes justify the cost, a lab should sometimes run the runner-up. Otherwise the record captures what today’s scientists usually chose and stays silent on what they systematically overlooked. A funder could ring-fence a small fraction of a grant for the branch not taken, provided that the decision record and the outcome are both deposited. That costs money, but so does having every lab rediscover the same abandoned path. Test whether taste transfers When it comes time to evaluate if our new AI system exhibits taste, the comparison should run across laboratories and fields. At selected decision points in a live research campaign, we should freeze the six fields: the evidence, the candidates, expected results, confidence, costs and the choice made. Experts then rank the options before the outcomes are known, and those outcomes are checked independently later. We could give models one of two diets - papers alone, or papers plus decision histories - and ask them to rank the next experiment on unfamiliar projects. Then, we score information gained per dollar and week, calibration, and how quickly weak branches are abandoned. If histories improve choices only inside the lab that produced them, they amount to useful organizational memory. If they improve choices on unfamiliar problems elsewhere, Alasdair’s group will have captured something science has never managed to write down: a transferable record of taste. Until that happens, a scientific search history is a promising record, not yet a training set.
Baltimore sues Kalshi and Polymarket for offering unlicensed sports betting
The battle between sportsbooks and prediction markets continues, in the form of states and local governments attempting to shut down what arguably amounts to unlicensed bookmaking.
Baltimore sues Kalshi and Polymarket for offering unlicensed sports betting
The battle between sportsbooks and prediction markets continues, in the form of states and local governments attempting to shut down what arguably amounts to unlicensed bookmaking.
Perhaps We Could Find Some New Book Topics to Argue About
Surely there are other things to discuss besides these dusty old subjects?
Kent business leader publishes new book on building profitable, principled companies
CHESTERTOWN — Kent County entrepreneur and business leader Thad L. Bench, Sr. shares decades of experience building and growing businesses in his new book, “Noble Work: A Practical Guide to
Most Black business owners have the same definition of success, and it's not cashing out
Intuit QuickBooks reports that most Black business owners define success beyond profits, focusing on community impact and creating career paths for others.
53% of Organizations Struggle to Translate Business Context Into AI Despite Rising AI Investment
/PRNewswire/ -- Alteryx, Inc., an AI-ready data and analytics company, today released its "2026 IT Leader Research: The State of AI Ownership, Agents, and ROI"...
Lucid Diagnostics Provides Business Update and Reports Second Quarter 2026 Financial Results
/PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company") a commercial-stage, cancer prevention medical diagnostics company, and...
Cityblock Health Expands in North Carolina to Support Nearly 20,000 Dual-Eligible and Medicare Advantage Members
/PRNewswire/ -- Today, Cityblock Health announced a program to bring comprehensive, accessible care to almost 20,000 Medicare Advantage and dual-eligible...
‘The Gentlemen’ ransomware gang takes over hospital Facebook after cyberattack
AnMed, a nonprofit health system, suffered a data breach in late July that has left some of its systems still offline. Now, an infamous hacker group is claiming credit for the attack in an unusual way.
Florida high school football team cancels season after three straight Final Four runs
Sarasota Booker, which had gone to three Final Fours this decade, announced Wednesday, August 12, that the school will only field a JV football program in 2026.
ENTERTAINMENT: Benton’s Royal Players take a gamble on ‘Guys and Dolls’
The Royal Players stage “Guys and Dolls” (music and lyrics by Frank Loesser, book by Abe Burrows and Jo Swerling, based on stories by Damon Runyon), 7 p.m. Thursday-Saturday, 2 p.m. Sunday through Aug. 23 at the Royal Theatre.
INOVIO Reports Second Quarter 2026 Financial Results and Recent Business Highlights
U.S. Food and Drug Administration (FDA) review of Biologics License Application (BLA) for INO-3107 as a treatment for Recurrent Respiratory Papillomatosis...
EJ Swift wins the 2026 Arthur C Clarke award for science fiction
The writer – who was also shortlisted in 2023 – has won the prize for her book When There Are Wolves Again, a speculative work of eco-fiction set in near-future Britain
A-List Editors’ Choice Awards 2026: Arts, Culture & Entertainment
SPECIALTY BOOK CLUB Shakespeare Festival Reads If you long for the welcoming embrace of high-school English class as an adult, the Shakespeare Festival Reads book club may be for you. This collab between Left Bank Books and St. Louis Shakespeare Festival guides readers through monthly picks from The Bard and titles that help expand your […]
Business Leaders from Across Asia-Pacific Convene in Sri Lanka to Accelerate Sustainable and Inclusive Growth
/PRNewswire/ -- More than 200 business leaders, sustainability practitioners, policymakers and representatives from the United Nations gathered in Colombo on...
Wrapbook Launches New Entertainment Production Finance Series: WRAPPED
/PRNewswire/ -- Wrapbook, the AI platform with an all-in-one solution for production finance, today announced the launch of WRAPPED, a short-form original...
Wrapbook Launches New Entertainment Production Finance Series: WRAPPED
Wrapbook, the AI platform with an all-in-one solution for production finance, today announced the launch of WRAPPED, a short-form original video series exploring the business and financial mechanics behind film, television, and digital production. The inaugural episode explores the legacy and the future of federal film production incentives, diving deep to explain the recently expired and often misunderstood tax provision, Section 181.
Family Entertainment Group LLC Celebrates 100th Location Milestone with Landmark Partnership Aboard Margaritaville at Sea
/PRNewswire/ -- Family Entertainment Group LLC (FEG), one of the nation's premier operators of family entertainment centers, today announced a landmark...
NABJ26 Unveils Signature Events Lineup: A Week of Honors, Wellness, Entertainment and Celebration in Atlanta
/PRNewswire/ -- The National Association of Black Journalists (NABJ) today unveiled the full slate of signature events anchoring the 2026 NABJ Convention &...
2026 Fall Preview: Liberal Football
Share on Facebook Share on Twitter By Chris Parker Liberal football has a new head coach in Randy Adams this season. He has been an assistant coach at Jasper along with Northeast High School in Arma, Kan.
Facebook ads are so hard to block that uBlock Origin stopped filtering them
Facebook ads and ad-blocking tools have been in a constant clash for years. But it looks like uBlock Origin is stepping away from that fight.
Acer Googlebook 14 confirmed with Intel Panther Lake Core Ultra 5 325 processor
A European retailer has listed Acer's GP714-91N Googlebook with a Panther Lake processor. The system includes 16 GB memory and a 256 GB SSD.
Protalix BioTherapeutics Reports Second Quarter 2026 Financial and Business Results
Company to host conference call and webcast today at 8:00 a.m. EDT Revenues from selling goods increased to $19.8 million in the second quarter of 2026, up...
AMGEN TO OPEN NEW SCIENCE & INNOVATION CENTER IN GENOME VALLEY, HYDERABAD
/PRNewswire/ -- Amgen (NASDAQ: AMGN) today announced plans to open a new Science and Innovation Center at Genome Valley in Hyderabad. The center will join...
Hyundai Motor Group Accelerates AI Transformation Across Its Business, Advancing Toward the Physical AI Era
Hyundai Motor Group presents its Digital Transformation (DX) and AI transformation (AX) journey, key achievements and future vision, highlighting its...
U.S. Businesses No Longer Face Corporate Transparency Act Reporting
A final rule from the U.S. Treasury eliminates reporting requirements for U.S. companies and persons under the Corporate Transparency Act, which remains on the books.
PPB, PF&R Safely Rescue Juvenile in Mental Health Crisis
The Portland Police Bureau and Portland Fire & Rescue collaborated for more than an hour to safely rescue a juvenile boy experiencing a mental health crisis.
7 page-turning nonfiction history books
This mix of newer and older titles are page-turners in the best sense; you'll learn something new on each page and want to keep reading!
New Insta360 X6 leaks confirm pricing with specs before global launch
New Insta360 X6 leaks have revealed pricing information and official specifications. Shared by a major retailer, the leaks confirm that the Insta360 X6 will cost significantly more than the Insta360 X5 in North America. Insta360 hopes to offset this $150 increase with major upgrades, though.
We’re reading less. And it’s making us stupid
Books have never been trendier, but studies show that as more and more things compete for our frazzled attention spans, we’re reading less and less. This is a problem because reading has a wealth of cognitive benefits that we’re in danger of missing out on.To find out why declining literacy could affect everything from memory to IQ, Madeleine Finlay speaks to the Guardian’s science editor, Ian Sample. She also hears from Prof Falk Huettig, an experimental psychologist at the Max Planck Institute for Psycholinguistics and author of The Perks of Being a Bookworm
Zelda-themed Nintendo Switch 2 console and Pro Controller leaked
Nintendo is reportedly planning to launch a new limited-edition Zelda-themed Nintendo Switch 2 console and a matching Pro Controller to celebrate the series' 40th anniversary. And a new leak has now given us our first look at the hardware.
Kalshi CEO slams founders for being over-reliant on ‘mostly trash’ business advice—he founded his now-$22 billion prediction market as a college grad
Kalshi’s 30-year-old CEO says most business advice is ‘trash’—he doesn’t read management books or listen to podcasts: ‘I’m gonna make it up as I go’
‘Star Wars’ and Marvel set first-ever crossover with Kevin Smith-penned comic event
‘Star Wars’ and Marvel collide in first-ever crossover. See an exclusive look at the Kevin Smith-written comic book event, ‘Hope Assembles.’ (exclusive)
F.N.B. Corporation Enhances Offering for Ultra-High-Net-Worth Clients and Business Owners with Investment in Family Wealth Advisory Services
/PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced today it has further enhanced its Family Wealth offering for ultra-high-net-worth clients with an...
Proven behavioral health navigation at scale: Inside Tufts Medicine’s playbook
Behavioral health conditions affect roughly 30% of patients, and these patients remain among the costliest and most challenging to guide to appropriate
Entertainment Partners and NYU Tisch School of the Arts Launch Five-Year Collaboration Focused on Production Training and Industry Access
/PRNewswire/ -- Entertainment Partners, a global leader in entertainment payroll, production management and production finance solutions for over 50 years,...
Public Voting Opens Sept. 1 for the North Carolina Small Business Center Network's Inaugural 'Startup Showdown'
/PRNewswire/ -- After months of intensive business training, mentorship and pitch coaching, 17 of North Carolina's most promising entrepreneurs are preparing...
Ascensus Expands and Enhances Small Business Retirement Strategy with Launch of Ascensus Essentials
/PRNewswire/ -- Ascensus, the engine at the center of America's savings ecosystem, today unveiled an enhanced version of its small business retirement...
2026 Fall Preview: Willow Springs Volleyball
Share on Facebook Share on Twitter By Michael Cignoli (For OzarksSportsZone.com) When Dawn Gastineau’s volleyball career ended, she never considered the possibility that life might one day lead her back to the sidelines. But that’s exactly where
ATG Entertainment, Owner of 7 Broadway Theatres, Acquired by MARI
The group will control a global fleet of theatres including Broadway's Lyric, Hudson, Al Hirschfeld, and more.
Monumental Sports & Entertainment Unveils Bold Vision for Brand-New Capital One Arena
/PRNewswire/ -- Monumental Sports & Entertainment (MSE) and Capital One today unveiled the next chapter of Capital One Arena: a world-class, next-generation...
Intensity Therapeutics Reports Second Quarter 2026 Financial Results and Provides Business Update
/PRNewswire/ -- Intensity Therapeutics, Inc. ("Intensity" or "the Company") (Nasdaq: INTS), a late-stage clinical biotechnology company focused on the...
The U.S. Healthcare System is Already Mostly Socialized
Now that Abdul El-Sayed is the Democratic nominee for Michigan’s open Senate seat, the outcome of this crucial race will depend mainly on two things: Whether Republicans succeed in demonizing El-Sayed because he’s brown and a Muslim, and whether they succeed in demonizing him as a left-wing radical. I will defer for the now the question of whether bigotry will be effective this year, although I will address it another day. What I want to address instead is El-Sayed’s signature issue — healthcare. Yes, El-Sayed advocates Medicare for All, a position the usual suspects denounce as “socialism.” I will get to the politics of his stance soon. Today, however, I want to talk about the substance. We should be clear that El-Sayed doesn’t even call himself a socialist. On the contrary, he explicitly disavows the label, saying “I’m a capitalist who just knows about capitalism”. In fact, as I explained in a previous post, the policies that El-Sayed advocates qualify him as a social democrat, not a socialist. Still, El-Sayed advocates a system under which the government would pay almost all medical expenses. Isn’t that socialism? Well, if that is the criterion then much of U.S. healthcare is already socialist. In fact, the government’s role is so large that U.S. healthcare is better described as partially privatized socialism than as anything resembling a free market. Let’s start with the raw numbers on health insurance, which pays the bulk of Americans’ medical expenses. Americans receive health insurance either from private companies or from public programs, overwhelmingly Medicare and Medicaid. Here’s what the breakdown of coverage and spending between private and public looked like in 2024: While a majority of Americans with health insurance get it from private companies, well over 100 million of us are covered by government programs instead. And these government programs pay more total dollars for medical bills than the private insurers do. Why do government programs that cover a minority of the population account for a majority of health insurers’ outlays? Mainly because Medicare covers seniors, and we’re expensive. Also, while Medicaid covers many younger Americans, disabled and elderly beneficiaries account for most of its spending. Even by the raw numbers, then, U.S. health insurance looks as much public as private. But that understates the government’s role: Private health insurance in the U.S. is both highly regulated and heavily subsidized. This is obviously true for the insurance coverage purchased by tens of millions of Americans through the exchanges established by the Affordable Care Act. But employment-based health insurance, which covers 161 million Americans, is far more of a government creation than most people realize. For employment-based insurance exists largely because of huge implicit government subsidies that come with major strings attached. Here’s how that works. If your employer pays you $10,000, that’s taxable income. But if your employer pays $10,000 toward a company health insurance plan that meets certain criteria, it isn’t taxable. That’s a huge effective subsidy, running at more than $300 billion a year. Take that subsidy into account, along with the more than $100 billion per year spent subsidizing policies purchased under the ACA, as well as the outlays on Medicare and Medicaid, and net effect is that the government pays for more than two-thirds of Americans’ health insurance. Granted, there are strings attached. Roughly speaking, employment-based health plans can’t discriminate based on medical history — that is, they can’t deny coverage to employees with pre-existing conditions — and they also can’t offer the plans only to highly compensated employees — a health plan that is only for the C-suite is considered taxable income. So given the restrictions of the federal tax code, employer-based health insurance is a lot like Obamacare, which also prohibits discrimination based on medical history and provides subsidies to make insurance affordable to lower-paid workers. The fact is that virtually all of private healthcare insurance is already well under some form of government control through regulation and tax subsidies. How should we think about this system? First of all, is Medicare socialist? Don’t tell anyone, but the way Medicare operates — it covers every senior’s medical expenses, whatever they turn out to be, while being funded by taxes that depend on one’s income — could be summarized by the old Marxist slogan “From each according to his ability, to each according to his need.” And back in 1961, when Ronald Reagan was the face of a last-ditch effort by the American Medical Association to block the creation of Medicare, he denounced Medicare as “socialized medicine” and warned that it would destroy our freedom. In reality, American freedom survived until Jan. 20, 2025, while Medicare is immensely popular, with an 82 percent favorable rating in the most recent KFF survey. Medicaid, government health insurance for lower-income Americans, comes in at 73 percent. This is in sharp contrast to public views about private insurers, who are widely disliked if not hated and accused of denying essential care. Furthermore, if Medicare is socialism, then the whole U.S. health insurance system, with the government paying most of the bills and placing conditions on private insurers, is almost equally socialist. If you insist on calling any program the government pays for and regulates socialist, then U.S. healthcare would best be described as a partially privatized form of socialism. And one must ask, what is the point of the part that is privatized? Do private insurers add anything positive? Or are they simply parasites, skimming off money that could have been paying for care? The case for viewing insurers as parasites is strong. Many Medicare benefits are now delivered via Medicare Advantage, that is, plans paid for by the government but run through insurance companies. MedPAC, an independent advisory commission, estimates that last year Medicare Advantage plans were overpaid by $84 billion, thanks to practices such as “upcoding,” in which patients’ health problems are overstated to get larger sums from Medicare. Assessing the waste from employer-based insurance is harder, but most evidence suggests that private insurers have substantially higher administrative costs than Medicare does. Furthermore, the complexity of private insurance, with multiple payers all trying to deny care when they can, is a huge burden both on providers — doctors, nurses, and hospitals — and on patients. What do private insurers offer to compensate for these costs? One must go through intellectual contortions to avoid the conclusion that they are, in fact, parasites. Which brings me back to El-Sayed. In supporting Medicare for All, he’s basically calling for an end to the partial, parasitic privatization of a healthcare system that is already hugely dependent on public funding. When one looks at it that way, it’s not at all a radical proposal. Admittedly, the political lift requires overcoming the opposition to higher taxes to pay for Medicare for All. Political realism rather than economics was the reason I and many other progressives supported Obamacare, with all its complexities, rather than demanding an immediate move to Medicare for All. But the political calculus may very well have shifted since the 2000s, as Americans are fed up with a system of unaffordable premiums, rampant claim denials, and byzantine claim administration. Moreover, funding healthcare insurance through taxation would allow for a much more progressive distribution of the cost. That is, compared to the present system, middle-income households would pay less as high-income households would pay more. And the U.S. would stop wasting large sums on pointless administrative costs. So let’s be clear: El-Sayed’s healthcare platform is perfectly reasonable on the merits of cost, fairness and health efficacy. And with private insurers never more hated, while millions of Americans are losing their health insurance, 2026 may be its time. MUSICAL CODA
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