Last year's free agent market was sluggish, albeit less so than this year. The problem this year is that a kind of "soft collusion" among front offices doesn't stand a chance against market forces that will produce the two biggest contracts in the history of major league baseball.
The Theranos scam looks like the Enron scam. Both are black box scams. There are inputs and outputs, but how inputs become outputs is obscured. The perfect black box is one in which what's obscured generates faith instead of suspicion.
The idea that “upskilling”—offering educational opportunities so that people can get better jobs in a more technological economy—has a chance of short-circuiting populist resistance to increasing wealth inequality is an indication that the elite deliberation network is running low on good ideas and may be breaking down as a mechanism for solving social problems created by technological advances.