At some point in the next 15 years or so, someone is going to extend their hand to me and say: “You need to give me the car keys. You can’t drive anymore.” So having the option of a robotaxi to get to the grocery store is attractive. Where are we on that project? “In […]
In Arizona’s Mr. Andrew Biggs is lecturing us on how Republicans are going to pass a spending bill benefiting those who do not need tax breaks to get by. Instead of cutting Defense or some other programs, Andrew along with other AZ Republicans such as Elijah James Crane will be cutting Medicaid which supports lower […]
CEPR’s Brandon Novick wrote a piece on Medicare Advantage plans. It is brief enough to make for easy reading, It also gets to the point of Medicare Advantage plans. As it was commercial Medicare Advantage plans were overcharging for the same care Traditional Medicare would charge. In many cases the plans would not approve the […]
My prediction is that the “negotiations” will be over what kind of fig leaf Japan will allow in return for abject Trump Administration capitulation: “Japan on Tuesday clarified its stance on U.S. tariffs, saying it wants all new levies put into place by the administration of President Donald Trump completely removed, confirming a hard-line position […]
– by New Deal democrat A few days ago, Prof. Menzie Chinn at Econbrowser posted the below graphs comparing the time that hard vs. soft data reacted to economic shocks: As you know, I have been looking at hard “high frequency” data to see if any of the effects of Tariff-palooza! have shown up yet. And […]
Another “tit for tat” situation between China and the US. Polyoxymethylene (POM), is better known as acetal, polyacetal, and polyformaldehyde It is an engineering thermoplastic used in precision parts requiring high stiffness, low friction, and excellent dimensional stability. To better explain . . . the applications of polyacetals include moving parts in appliances and machines (gears, […]
The Atlantic Daily’s newsletter by David Graham’s. GOP House leaders still can not find a way to make the math of Trump’s tax bill add up. Gee, what a surprise . . . I do not get why this is any surprise. Beautiful the big bill ain’t or is not if the latter is your […]
David Zetland, “The one-handed economist “Sometimes you just want the answer” Review: “Seeing Like a State,” The one-handed economist I read this 1998 book by James C. Scott (1936-2024) while I was in graduate school (maybe 20 years ago). I loved it then and — after re-reading it recently — I love it now. This is one of my top […]
“The headline election was Romania’s presidential vote, with liberal Bucharest Mayor Nicusor Dan coming out the winner ahead of nationalist George Simion.” *snip* “Poland was also holding a presidential election, and Polish TV’s exit poll indicated that Warsaw’s liberal Mayor Rafal Trzaskowski received 30.8%, while national-conservative historian Karol Nawrocki won 29.1% of the vote.” “The […]
– by New Deal democrat Until Thursday we are once again in a data drought this week. In the meantime, there are a few points I want to address, including the very important Moody’s downgrade of US debt. But there was one important piece of data that came out last week that I didn’t discuss yet: […]