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

Donald Boudreaux pushes junk science on vaccines

Because Hayek would, right? I have previously discussed Donald Boudreaux’s penchant for encouraging vaccine hesitancy (see here, here, here).  This is disgraceful, it kills people. But he’s at it again.  This time he uncritically quotes a Wall Street Journal op-ed by the crank Surgeon General of Florida, Joseph A. Ladapo, arguing that young men should […]

Facts about the ACA marketplace for 2023

I think I have this initial chart big enough so you can see it. I should not have to explain this as it is apparent what is happening with ACA (PPACA) healthcare insurance. The pricing decrease and stability shown is due to Joe Biden’s ARPA enhancing subsidies. The ARPA lower cost results are also increasing […]

Q3 GDP: good news for now, bad news for the future

Q3 GDP: good news for now, bad news for the future  – by New Deal democrat I have to keep this note brief, since I am on the road. As you presumably already know, real GDP was positive for the Third Quarter, up 2.6% at an annual rate: Subject to revisions in the next several […]

Understanding Inflation using Gasoline Prices

Seems that gas, fuel, gasoline is being used as a marker to understand just how horrible we have it as a result of the current inflation. It’s just sooooooooooo terrible. I’ll just say this. As a marker of inflation and our personal economic experience all it shows is how terrible we are at remembering. Unfortunately […]

The Treasury yield curve has now almost totally inverted

The Treasury yield curve has now almost totally inverted  – by New Deal democrat One of the few leading indicators not flashing red for recession has been the short end of the Treasury yield curve, which has been relentlessly positive – until now. While the 10 year minus 2 year Treasury spread has been negative […]

Putin’s war comes home

Infidel753, Putin’s war comes home. For most of the duration of Putin’s invasion of Ukraine, the majority of Russians have either supported the aggression or at least not objected too energetically.  The war did not affect them much, except insofar as Western sanctions did.  That is now changing, thanks to Putin’s ill-advised and stunningly incompetent […]

Are North Korean Workers Going To Annexed Portions Of Ukraine?

Are North Korean Workers Going To Annexed Portions Of Ukraine?  Maybe. An October 21 report in NK Daily says so, with further speculation on this matter on blogs that cover North Korea. Supposedly Kim Jong Un agreed to this with V.V. Putin in their most recent meeting. The number supposedly to be around 800-1,000, with […]

The tide has now turned as to house prices

The tide has now turned as to house prices Last month I wrote that the FHFA showed evidence that house prices had peaked, and that “since the FHFA has a tendency to turn slightly ahead of the Case Shiller index, this strongly suggests that a sharp deceleration in the Case Shiller index YoY will start […]