Gas and oil price update: good news and bad news We’ll get some important house price information tomorrow, but there is no economic news of significance today, so let’s update gas and oil prices. As indicated in the title, there’s good news and bad news. I’ll start with the bad news first. According to GasBuddy, […]
Senate Democrats on a Wednesday back a while ago blocked two bills from Sen. Ted Cruz (R., Texas). The bills would be using COVID-19 stimulus funds to bolster school security and mental health resources for students. Sounds like a much -needed idea given past circumstances. Cruz’s proposals: The Securing Our Schools Act, which was cosponsored by […]
A Capitol rioter who received phone call from the White House on Jan. 6 was identified as a 26-year-old Trump-loving New Yorker who joked about shooting Nancy Pelosi.
Mark Hertling is one of the people I follow on Ukraine. He is a staunch advocate for arming Ukraine, but he recently had a tweet thread defending what some see as the overly cautious and slow approach taken by the United States. Here are some tweets from his thread: Now, maybe we should be sending […]
Mike Konczal and Niko Lusiani at the Roosevelt Institute take a closer quantitative look at the sources of inflation the last two years: This research brief is the first to explore the size and distribution of markups (essentially the difference between sales and marginal costs) and profit margins across 3,698 firms operating in the US […]
I do not have an exact date when this was written. It appears to have been update May 2021. I find it interesting as US automakers are making moves to switch from combustion powered vehicles to electrically powered vehicles utilizing rechargeable batteries to provide the power. US automaker Ford is so committed to this conversion; […]
I have two thoughts. The first is that major party presidential candidates would be wise to stop participating in big dollar fundraising events. The second is that we can identify the effect of money on political success, but usually assume that correlation is causation. I think that three major party candidates have seriously hurt themselves […]
Weekly Indicators for September 19 – 23 at Seeking Alpha – by New Deal democrat My Weekly Indicators column is up at Seeking Alpha. For the third week in a row, interest rates increased, and gas prices, along with the prices of other commodities, tumbled. While the decline in gas prices is good, the downturn in […]
Tom Schelling Is Rolling Over In His Grave, Econospeak By Barkley Rosser Thomas Schelling got his Nobel Prize in economics for saving the world from global thermonuclear war in the 20th century, when many thought it was inevitable. Rival nuclear game theorist, John von Neumann, said to bomb the Soviets as soon as possible, like, […]
As usual it is best to just click and read as the column is well crafted and I can’t summarize or explain well. The topic? “On Monday, President Biden announced that Dr. Renee Wegrzyn, a biotech executive who previously worked at the Defense Advanced Research Projects Agency, better known as Darpa, would be the first […]