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

Maybe This Is Not (Technically) A Recession?

Maybe This Is Not (Technically) A Recession? Here I am using what is the journalistic definition of a “recession,” also used in many nations although not officially in the US, where these things are determined ex post by an NBER committee.  Anyway, that “journalistic” definition is that there be two consecutive quarters of negative GDP […]

“Obamagate!”

“Obamagate!” I know, I should probably not waste everybody’s time commenting on this nonsense, but the push on it has been massive, with it seeming to influence a lot of people it should not, so I have decided some push back is called for, even if those who should see it do not.   I am […]

RIP John Horton Conway

RIP John Horton Conway I am late to issue this RIP as John Horton Conway died on April 11, 2020, having been born in England, Dec. 26, 1937. He died of coovid-19.  I was aware of his death when it happened, but have since become aware of things he did that I did not know […]

A Very Grey Swan

A Very Grey Swan Keynes and Knight famously simultaneously in 1921 identified the concept of fundamental uncertainty as a situation not understandable by using a probability distribution, an idea popularized by Nassim Taleb just as the 2008 crash happened as a “black swan.”  Taleb defined white swans as situations describable by Gaussian normal distributions.  For […]

Donald Trump Goes Absolutely Bonkers Over China

Donald Trump Goes Absolutely Bonkers Over China (Last Thursday) President Trump erupted with a series of demands and threats against China, focusing on various claims about its role in the current pandemic.  I have here noted some issues with China’s conduct, but Trump makes it completely impossible that there will be any of the much-needed […]

The Wide Open Origin Question Regarding SAR-Cov-2

The Wide Open Origin Question Regarding SAR-Cov-2 More than a century later, we still do not  know the origin of the Spanish flu, with at least three currently scientifically supported origins out there: North America (possibly Kansas), China, and British soldiers in France. This will not be resolved.  I suspect that this may become the […]