The hottest Profit Substack posts right now

ObesityWeek is organized by The Obesity Society, serving the weight loss industry rather than focusing on supporting the health of higher-weight individuals
The Obesity Society uses its research journal, Obesity, to publish articles that align with its weight-centric paradigm
ObesityWeek is a lucrative event for The Obesity Society, with significant revenue coming from sponsors and exhibitors

Manchester United announced their financial results for the first half of the 2022/23 season
Despite challenges, United is showing signs of recovery under Erik ten Hag
Revenue remained stable, but there were significant changes in commercial and broadcasting revenues

Farms aim to be profitable by managing revenue and costs.
Cash flow is crucial for farms due to seasonal and lumpy nature of income.
Farmers have wealth tied in assets like land and equipment but may face cash flow challenges.

Big insurance companies have grown a lot in size and profit over the last decade, primarily through mergers and getting more government contracts. They now make a lot of money, with profits reaching over $60 billion last year.
Most of the increase in people under these insurance companies comes from government programs like Medicare and Medicaid, not from private insurance. Taxpayers are indirectly supporting these companies even if they don't use their plans.
Insurance companies are shifting more costs onto patients, leading to higher out-of-pocket expenses and making it hard for many to afford care. This is resulting in more people being underinsured and potentially struggling with medical debt.

Costs involve more than just money, they include opportunity costs and trade-offs that consider various factors like time and value.
Efficiency in economics refers to Pareto efficiency, where all gains from trade are exhausted, and serves as a tool for understanding real-world allocations.
Profits and losses in market economies act as selection mechanisms, with losses signaling inefficiency and prompting resources to be reallocated effectively.

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