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

Biden Narrowly Leads In Prairie Du Chien, Wisconsin (last night)

Biden Narrowly Leads In Prairie Du Chien, Wisconsin  Several months ago I forecast that “He who wins Prairie du Chien wins the White House.”  I also argued more generally that SW Wisconsin would determine Wisconsin. As of right now Trump is leading by about 2% in Wisconsin, and he seems to be ahead in most […]

Abolish The Office of The Director of National Intelligence (ODNI)

Abolish The Office Of The Director Of National Intelligence (ODNI)  A sign that this entity should be abolished, and I mean really gone, done in, not with its parts redistributed to other entities, is that it is an entity defined by its director, not itself.  In preparing to write this post I checked on it, […]

An Irony About Interest Rates and Income Distribution

An Irony About Interest Rates And Income Distribution  It has long been a truism of economics that high-interest rates were favored by wealthy capitalist lenders against poor borrowers, with such a view lying behind the populist demands of the late 19th century.  We are used to applauding Keynes’s forecast of the “euthanasia of the rentiers.” […]

The Period Of Short Term Memory

The Period Of Short Term Memory  The election is two weeks from today.  When I took an intro psych course over half a century ago, I was taught in it that two weeks is the period of short term memory, the period in which we remember events with special salience.  I do not know if […]

Stealing Signs

Stealing Signs, Econospeak, October 13, 2020 I know this is a widespread and basically trivial matter, but since I had posted earlier about all of the BLM signs on my block (including at our house) accompanied more recently by signs related to the various political races (we have a Senate race, as well as House, […]

Why Does MbS Want Hillary Clinton’s Emails?

Why Does MbS Want Hillary Clinton’s Emails?  In yesterday’s Washington Post David Ignatius reports in a column about serious efforts by Saudi Crown Prince Mohammed bin Salman (MbS) to get the infamous emails of Hillary Clinton publicized, something that President Trump also wants and SecState Pompeo has been promising while complaining about problems getting them […]

In The Face Of Total Turbulence, Go Totally Conventional For The Nobel Prize

In The Face Of Total Turbulence, Go Totally Conventional For The Nobel Prize  I have noted in various places that I could not make a forecast this year on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel because of all the turbulence on so many fronts going on.  So it occurred […]