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

Why Consumption Taxes (VATs) are Insanely Regressive

Progressives and social democrats should be fighting them tooth and nail, not blithely embracing them. by Steve Roth Originally Posted at Wealth Economics The spreadsheet behind the tables and graphs here is available on request. Drop me a line in the comments or elsewhere. Following the community of Socks (🧦s) or “social democrats” out there […]

Chemical Sequestration of Atmospheric CO2 through Alkalinization

Testing Oceanic Carbon Capture I’ve mentioned previously the hypothesis that iron fertilization of the ocean and consequent phytoplankton blooms is one feasible method to achieve global carbon capture. Small-scale experiments have been done already. The results have been mixed insofar as documenting the scale of phytoplankton blooms, but there has been no reported harm. Another […]

More thoughts on carbon capture

Analogies are risky things, but I think there’s a useful analogy between (1) the belief that global conservation is a sufficient antidote to rising atmospheric CO2 and (2) the belief that herd immunity is a sufficient antidote to pandemics. Herd immunity is the model in which, as a deadly pathogen moves through the population, enough […]

Months’ Supply of Multi-Family Housing under Construction Decreasing. What is the cure?

Building Badly Needed Muti-Family Housing What is holding back more building of badly needed muti-family housing is the Fed Rate. The effort of course is to bring down inflation. As you read, I think you will discover the effort by the Fed is not achieving the goal it wishes to achieve. Indeed, its efforts to […]

“Corruptible,” the essential features of corrupt “leaders”

Book review of “Corruptible” as authored by Brian Klaas and reviewed by The one-handed economist, David Zetland on his blog. Brian Klaas published this book in late 2021, which was too early to discuss Putin’s second invasion of Ukraine but not too late to discuss Trump’s first term — let alone his first day. Those oversights do not […]

New Deal democrat’s Weekly Indicators July 15 – 19 2024

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. While several of the monthly updates I’ve discussed here in the past week have tiptoed in the direction of yellow caution flags, that’s not apparent at all in the high frequency data that is updated every week, much of which comes from […]