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

They will give us a lead on when the Sahm rule for recessions may be triggered

Initial claims continue in range; why they will give us a lead on when the Sahm rule for recessions may be triggered Initial claims ticked up 2,000 last week to 216,000. The 4 week moving average declined 6,250 to 221,750. Continued claims, with a one week delay, declined 6,000 to 1.670 million: To state the […]

Jay Bhattacharya’s selective libertarianism:  on COVID and insurance rating

A recent paper finds that drivers who are not vaccinated against COVID are substantially more likely to be involved in serious auto accidents than vaccinated drivers. In response, Jay Bhattacharya, an author of the Great Barrington Declaration and a prominent opponent of lockdowns and vaccine mandates, tweeted that the study “should not be used by […]

November existing home sales: prices have unequivocally turned down

November existing home sales: prices have unequivocally turned down  – by New Deal democrat Existing home sales do not have much actual economic impact, since the primary economic activity generated by housing is the construction. But they do help tell us a great deal about pricing. For the record, sales continued their relentless decline this […]

Usefulnomics — an example

by David Zetland (originally published at The one-handed economist) I’m not shy about criticizing the weakest elements of economics (there are many), so it’s sometimes a good idea to remind myself (and you!) of the strengths of economics, i.e., those characteristics that make it useful. Here’s an example based on a test-question I just asked: […]

Reviewing Healthcare Costs as Driven by Pharma, Hospitals, and Doctors

Another blast from the past before I get into some newer information. It is still very relevant. It lays a foundation for other work I intend to do. This should come as no surprise as I have written on the topic of Healthcare Costs and Its Drivers before. In particular, the overriding statistic from an […]

This Life: faith, work, and free time, part two

This Life: faith, work, and free time, part two At the beginning of this year, I posted a response to Martin Hägglund’s This Life: Secular faith and spiritual freedom. In October I learned of a conference next May in Belgium at which Hägglund will be one of the keynote speakers. So I submitted an abstract to present a paper. […]

What News Was in My In-Box, December 21, 2022

I am not sure if you experienced similar. A year ago getting Delta Airlines customer service on the line took hours. And if you left a phone number, they never called back. I found calling them when they first opened up seemed to work. 6 AM? One time we even got better seats. Getting airline […]