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

Where’s The Beef?

Where’s The Beef?  Well, as we increasingly understand how environmentally damaging producing beef is, quite aside from lots of other issues, the proper issue should probably be, “nowhere.”  But back in the early 1980s a fast food outlet, Wendy’s (I originally said Arby’s) ran an ad with this line that indicated that the beef was […]

Keeping Fingers Crossed As US Commits To Removing Military From Afghanistan

Keeping Fingers Crossed As US Commits To Removing Military From Afghanistan  Yes, President Biden has bitten the bullet to remove US troops from Afghanistan by the 20th anniversary of the 9/11 attack that triggered our initial entry into that nation for our longest war.  Of course, we shall not quite be fully out as not […]

Of Battenbergs, Brexit, and Brogues

Of Battenbergs, Brexit, and Brogues  So, Philip Mountbatten, born Philip Schleswig-Holstein-Sonderbutg-Glucksburg, Duke of Edinburgh, Prince Consort of the United Kingdom, and many other titles, died peacefully at age 99 on April 9 about 2 months shy of making it to 100.  I am not going to either praise him or poke at him, with his […]

Congress Steadily Degenerating

Congress Steadily Degenerating  I doubt this will surprise anybody, aside from those who might have hoped that Dems retaking formal control of both houses of Congress, if by narrow margins (with that margin shrinking in the House due to the 2020 election).  But I have a more direct source for this conclusion. I received a […]

Good Signs On Renewing US-Iran JCPOA Nuclear Deal

Good Signs On Renewing US-Iran JCPOA Nuclear Deal  One should probably not get too optimistic yet, although I have been getting quite worried about it, but a report in today;s New York Times seems to indicate that via the rather indirect negotiations going on in Vienna the US and Iran may have worked out a […]

How To Estimate “Rational” Market Expectations Of Future Inflation

How To Estimate “Rational” Market Expectations Of Future Inflation  I am not a fan of rational expectations, hence the quotation marks around “rational” in the subject head here.  Nevertheless I have become aware thanks to some posts at Econbrowser by the intrepid Menzie Chinn that the usual way this has been measured and reported by […]

Is the Biden Presidency The Final Triumph Of The Silent Generation?

Is the Biden Presidency The Final Triumph Of The Silent Generation?, Econospeak, Barkley Rosser The who?  Never heard of them?  Or never heard from them? More like the latter. After all they have not been called “Silent” for nothing. Yes, it seems that we alternate generations between large noisy ones and smaller quieter ones.  The […]

Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future

Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future  Yeah, to heck with “socialism” in any of its forms, even old varieties that Marx and Engels denounced, neologizing the label “utopian socialism” for its advocates, even as they made clear their respect for the intentions at least of their intentions, even as […]