There’s no evidence that either Mamdani or Teachout ever studied, started, worked for, or advised a business, but that hasn’t stopped them from prescribing how to fix business.

A new study finds that when hospitals acquire physician practices, those doctors raise their prices by 15% within 2 years compared to independent peers. Healthcare M&A should be about integration and efficiencies. Too often, it's just about leveraging higher reimbursements rates.

60% of the American companies on Fortune's list of top AI innovators have an immigrant founder. The world’s top talent overwhelmingly wants to come to US. This is a incredible advantage. American leadership in AI depends on allowing, even encouraging, high-skilled immigration.

How do I short South Korean real estate?

Last year was the largest one-year percentage point decline in murder ever recorded. This year is on track to do so again. In fact, nearly every category of crime is down sharply, with many at multi-decade lows or even the lowest per-capita rates ever recorded.

the FBI puts out an internet crime report each year which is kind of interesting and scary. The number of scams happening to older people is rapidly going up with way higher average losses, AI tools are going to make this way worse

We @Arnold_Ventures are supporting a Marine vet and former warden to create a charter prison, in which a non-profit operates with freedom and incentives to innovate for better outcomes. "Their focus is helping people succeed after release—not simply controlling them while inside"

UnitedHealth grew into a vertically integrated giant through scores of acquisitions over past 15 years, most too small to trigger FTC or SEC disclosure. Large acquisitions require antitrust preclearance, but UH quietly rolled up 1000s of local providers without anyone noticing.

Caltech, like many universities, licensed its name to an online program manager (OPM) for a revenue share. While students believed they were enrolling in a Caltech program, an outside company designed the courses, recruited students, set tuition, and handled instruction. 1/4

CA raised min wage for fast food workers 25% ($16 -> $20) and employment in the sector fell 3.2% in the first year. While I hate sectoral specific min wage laws, this is less than I'd have thought. That said, the real risk is tech substitutes for labor over long term, not year 1.