Whither The Price Of Oil? I do not know, which is a kind of silly way to start a post, but pretty obviously this is an opening to talk about some other matters, especially the US-Iran situation. However, I want to point out some things that have been on my mind. In particular, while oil […]
New home sales: is housing developing a price “choke collar”? So, new single family home sales for May were reported light this morning: Because this series is very volatile and heavily revised, as always take this with a grain of salt. To smooth out some of the volatility, I pay more attention to the three […]
(Dan here…lifted from Robert’s Stochastic Thoughts) Kevin Drum Talking ’bout my generation Kevin Drum has a funny but also genuinely interesting post on how boomers are not really to blame for messing up America (he half tongue in cheek blames the silent generation). I don’t think the defensiveness is entirely an act. He does concede Now, if you […]
New article in Shelterforce highlights EU state aid rules Greg LeRoy and I have written an article at Shelterforce explaining the basics of the European Union’s rules governing subsidies, or “state aid” in EU-speak. As the article is ungated, and regular readers will remember much of the detail, I will not quote it here. Suffice it to […]
A tale of two timeframes No data today Monday, so while we are waiting for new home sales tomorrow, let me step back a little and give you an updated overview of my thinking. It boils down to: the short term forecast — over the next 4 to 8 months — looks flat at best, […]
Supreme Court to hear cases over ACA risk-corridor funds “The U.S. Supreme Court said Monday it will take up cases over whether the federal government must pay billions of dollars to health insurers that sold coverage on the Affordable Care Act exchanges.” Letter to The Editor – Modern Healthcare Alert If you are going to […]
Ali Velshi Interviews Arthur Laffer Today I endured listening to Arthur Laffer lie serially to Ali Velshi today. Skip the first 36 minutes of this Youtube as the interview begins there. Never mind the praise for Laffer’s cheerleading for Trump. Laffer actually claimed that the FED’s low interest rates after the Great Recession began was the cause […]
It is doubtful Trump reads much beyond his own signature on Executive Orders and Twitter commentary. Someone is attempting to align him with current thinking creating a persona of his being a thoughtful and reasoning president as opposed to . . . ? In “Again, Healthcare Cost Drivers Pharma, Doctors, and Hospitals ,” I had […]
Via Naked Capitalism: Place based economic conditions and the geography of the opioid overdose crisis By Shannon Monnat, Associate Professor, Syracuse University. Originally published at the Institute for New Economic Thinking website Over 400,000 people in the U.S. have died from opioid overdoses since 2000. However, there is widespread geographic variation in fatal opioid overdose rates, […]