Wear Your Masks Around Others, Socially Distance If You Are Out and About, And Stay Home As Much As You Can! Eric, Dan, and Me

Infidel753 at Infidel753 blog had an interesting post up which I thought makes for a good read. Infidel753 can also be found at Crooks and Liars blog. Soon the time of Trump will give way to a Democratic presidency and House and hopefully a 50-50-plus-Harris control of the Senate.  Some things to keep in mind: 1. When […]

Coronavirus dashboard for December 29: a final look back at the pandemic disaster in 2020 US confirmed cases: 19,132,726*Average cases last 7 days: 184,005Total US deaths: 333,118Average deaths last 7 days: 2,207  Total vaccinated: 2,127,143 (per CDC via Bloomberg) *Because many asymptomatic people probably never get tests, actual cases are probably more like 26 million, […]

Professors Piketty, Saez, and Zucman! Have a minute? A minute to talk about rentiers, retirement, growth, and sharing? Thanks. Seems some sixty-percent of Americans think that things are going pretty well. For them, things are going pretty well. But, for the lower forty, things aren’t going well at all. Surely, this sixty – forty ratio […]

While everyone is social distancing (?), wearing masks when out, and staying at home (mostly); there has been an uptick in women and men not getting along together well when confined to apartments or homes. No place to go and the heart may not grow fonder of your-other when confined due to the COVID-19 pandemic. […]

As the Senate decides whether to send an additional $1400 to US residents, there are two macroeconomic policy issues. One is whether aggregate demand stimulus would be useful. The other is whether we should be concerned about the budget deficit. I think that the case for fiscal stimulus is medium strong and the case for […]

The Four big coincident indicators as of the end of 2020 All of the important economic data for 2020 has already been released. In this final week only November house prices and one last week of jobless claims remain. So this is a good time to take a look at the current state of the […]

Reichtum ist verfügbare Zeit und nichts weiter How it started (Charles Wentworth Dilke, 1821): THE PROGRESS OF THIS INCREASING CAPITAL WOULD, in established societies, BE MARKED BY THE DECREASING INTEREST OF MONEY, or, which is the same thing, the decreasing quantity of the labour of others that would be given for its use; but so long as […]

Who Has Been Warring Against Christmas?  Where I am the Third Day of Christmas is just finishing with the news that Grinch Trump has ended his own brief War on Christmas and is signing the Covid-19 relief bill, thereby reinstating unemployment benefits for 14 million people although they’ll miss a week of payments, as well […]