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

Kamikaze anti-vaxers

Kamikaze anti-vaxers, Infidel753 blog INFIDEL753, Portland, Oregon, writes at a blog of his own name Infidel 753. Describes himself as an individualist, transhumanist, socialist, atheist, liberal, optimist, pragmatist, and regular guy — it has been my great good fortune to live my whole life free of “spirituality” of any kind. I know Infidel from Crooks […]

The Golden Seed

Economist Farmer Michael Smith continues his take on Agricultural Economics. The Golden Seed . . . “Drought Resistance by Engineering Plant Tissue-Specific Responses” ____________ I’ll cut to the chase, for centuries we have been searching for the golden goose to lay the golden egg. This search for perfection in an imperfect world leads our collective […]

Review: Shop Class as Soulcraft

by David Zetland Review: Shop Class as Soulcraft I can’t remember who recommended this 2009 book (subtitle an inquiry into the value of work) by Matthew B. Crawford, but I have been recommending to many people — whether they have rough or soft hands. The hook: Crawford got a PhD in political philosophy (U Chicago). After […]

Antivax Memes

Antivax Memes  Based on various sources, including the recent NY Times podcast with interviews of vaccine resisters/hesitant, here’s my list of common elements. 1. Assuming the sole criterion for whether to take the vaccine is its effect on your own health—not taking into account whether you may infect someone else.  Antivax people nearly always justify their choice […]

Using insurance to encourage vaccination

The most common proposals for pressuring people to vaccinate involve either vaccine mandates or vaccine passports.  As some of the comments on my previous post suggest, there is another option, viz., making the unvaccinated responsible for the cost of their covid treatment. In theory, this can be done either by denying insurance coverage to people […]

Initial jobless claims continue in range, while continuing claims sharply decline

Initial jobless claims continue in range, while continuing claims sharply decline Initial jobless claims declined another 14,000 this week to 385,000, still 17,000 above their best pandemic levels of 368,000 set on June 26 and July 10. The 4 week average of claims declined by 250 to 394,000, also 9,500 above its pandemic low set […]

Socially Ambivalent Labour Time VIII: Capital, volume one, chapters 6, 7 & 8

Socially Ambivalent Labour Time VIII: Capital, volume one, chapters 6, 7 & 8 Chapter six, the buying and selling of labour power, contains neither “socially necessary labour time” nor “labour time socially necessary.” Instead it has a few synonyms: Suppose that in this mass of commodities requisite for the average day there are embodied 6 hours […]

July jobs report: more like this, please

July jobs report: more like this, please While the NBER has declared that the recession ended in April 2020, and income, sales, and GDP have all fully recovered, two of the series that the NBER uses have yet to have made a full recovery: Industrial production, still down -1.2% compared with February 2020, and employment, […]