naked cap: Millennials Are Waiting For The End Of Capitalism.

According to the National Institute on Retirement Security, some 66 percent of Americans between the ages of 21 and 32 have nothing saved for retirement.

When I see skilled work-for-hire gigs on Craiglist offering to 'generously pay' $3.00/hour less than the $18.00 hourly rate I worked at as a temp in 1985, when king-cab Toyota pickups were $7995 ... is it ANY WONDER? Working America needs to wake up and smell the Scrooge.

Noahpinion: Something Big happened in the early 70s. [2012 link.]

The end of Bretton Woods seems like a big deal. It ushered in the era of floating exchange rates and ended the de facto gold standard that had prevailed since WW2. Why would this have held down wages in the U.S.? Well, it might have allowed the start of globalization, which began to add labor-rich, capital-poor countries to the rich-country trading system, thus holding down wages via factor price equalization.

I've been pondering this for a long while. Just happened upon this link through an unrepeatable labyrinth of Google searches. Best and most plausible explanation I've seen. Trump's not the guy to reinstate or even work on negotiating a Bretton Woods II; indeed if such a thing could ever be crafted. Maybe the winner in '20? Look up Factor Price Equalization and tell me that's not happening. Bad as my eyes are right now, I sure see it.

Atlas Obscura: Winterthur – Winterthur, Delaware.

If you live back East, and you've not yet taken in Winterthur, you absolutely must. Esp. if you love antiques and gardening. The gardens - a point not mentioned in this article - are built so that there are blooms throughout the year. The garden is laid out in a circle, and each of four segments bloom in the appropriate season. It is a stunning piece of work, the nature of which is only seldom attempted in our modern times.

Guardian.UK: The family feuding over blame for the opioid crisis.

Via aggressive marketing to doctors and misleading use of research, according to the US government, Purdue promoted OxyContin to block out chronic pain.

You've never lived until you've attended a big pharma sales meeting. How the companies 'work' the FDA, how they jig their research #'s. How they get their salespeople to influence physicians - free samples (to get patients hooked), symposia in exotic locations for the hard-sells - it's incredible. Physicians are complicit, but without premeditation, because to say 'sure' to free samples is easy. 

The buck stops somewhere, and I sure as hell know where it stops.