Relevant and even prescient commentary on news, politics and the economy.

Consumer prices rise a “normal” 0.2% in September

Consumer prices rise a “normal” 0.2% in September In September Consumer prices rose a “normal” 0.2%, the first such typical increase since the pandemic began (blue in the graph below): For the past 40 years, recessions had typically happened when CPI less energy costs (red) had risen to close to or over 3%/year. We are […]

Whitehouse on the Court

The clip by Senator Whitehouse that Daniel Becker posted here is excellent.  For those of you who prefer reading, this issue brief he wrote is also very good: It turns out that Republican appointees to the Supreme Court have, with remarkable consistency, delivered rulings that advantage the big corporate and special interests that are, in […]

Senator Whitehouse lays it all out or: How to hide the Court Packing

This is what I believe Eric Kramer is asking for.  If we are ever going to fix the justice system and ultimately this nation, what Senator Whitehouse presented today needs to be internalized by everyone. Yes, ACA, abortion, gay marriage.  They are major issue, I have a stake in 2 of them.  But – a […]

Perhaps, Recall the Thalidomide Disaster, etc. while Searching for a Covid Vaccine

There is a big push by trump and Republicans to bring a Covid to market quickly. Remember the Thalidomide Disaster, The Morning Call, May 12, 2020 Thalidomide In the rush to find a vaccine or treatment for the coronavirus, let’s not forget the bitter lesson learned in the 1950s and ’60s when thalidomide was prescribed […]

The SCOTUS hearings

Democrats so far have focused on the risk that Amy Coney Barrett poses to the Affordable Care Act.  This is completely understandable as electioneering.  The ACA was one of their best issues in 2018, and it will be again this year.  But . . . By focusing narrowly on the ACA, the Democrats are missing […]

In The Face Of Total Turbulence, Go Totally Conventional For The Nobel Prize

In The Face Of Total Turbulence, Go Totally Conventional For The Nobel Prize  I have noted in various places that I could not make a forecast this year on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel because of all the turbulence on so many fronts going on.  So it occurred […]

College educational attainment by age demographic

College educational attainment by age demographic   There is no economic data today due to the Columbus Day observance. So let me drop this graph of a metric I have been trying to find, of college educational attainment by age demographic, that I finally came across a couple of days ago: It is commonplace that […]