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

Weekly Indicators for June 15 – 19 at Seeking Alpha

by New Deal democrat

Weekly Indicators for June 15 – 19 at Seeking Alpha

My Weekly Indicators post is up at Seeking Alpha.Almost all of the metrics have improved off of their worst readings. Enough of the short leading indicators have improved so much that the short term forecast was upgraded to neutral as of this week.

As usual, clicking over and reading should bring you “up to the moment” on the economy, and it also rewards me with a penny or two for the effort I put into the endeavor.

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Interesting stuff

by David Zetland    (One handed economist)

Interesting stuff

  1. Biohacking life” — a physics geek gets into our metabolism
  2. Governments are printing money to “get out of the crisis”, but they are probably sowing the seeds of the next crisis (of inflation? fiscal collapse?)
  3. An incredibly interesting dive into Japanese cosmology
  4. The American Press Is Destroying Itself (under pressures of political correctness)
  5. This is the governance article (good/bad responses to C19 as a function of government quality) I’ve been looking for!
  6. Excess deaths really explain the damage from C19: NYT and Economist
  7. Some techniques for reaching consensus on difficult topics
  8. Humans have used technology to help women to have 8 billion babies
  9. Massive glaciers are melting in Antartica in front of researchers’ eyes.
  10. A VC guy on big tech monopolies, inequality and race

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Angry Bear “Again” On List Of Top Economics Blogs For 2020

Angry Bear “Again” On List Of Top Economics Blogs For 2020

Intelligent Economist has again put out its annual list of the top 100 economics blogs, with some new ones and some gone, although two of those were due to retirements, especially the  Economists View of Mark Thoma.

Closely connected Econospeak , Bondadd blog ,  and Capital Ebbs and Flows also were named to the top 100 economic blogs.

Thanks all commenters, readers, and writers for your support.

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Abbreviated Coronavirus dashboard for June 15: tracking the four horsemen of the reopening apocalypse 

Abbreviated Coronavirus dashboard for June 15: tracking the four horsemen of the reopening apocalypse

 by New Deal democratThere’s no big economic news out today. So let me follow up on my post Friday about the cost of reopening recklessly coming due.

Here is the graph from 91.divoc.com of the 10 States with the highest per capita infection rate over the past 7 days ending Saturday:


With the exception of rapidly declining Maryland, the focus has almost entirely shifted away from the Northeast and Midwest and instead to the Confederacy plus Iowa, Utah, and Arizona. The 4 “leading” States are Arizona, Alabama, Arkansas, and South Carolina.

 

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Weekly Indicators for June 8 – 12 at Seeking Alpha

by New Deal democrat

Weekly Indicators for June 8 – 12 at Seeking Alpha

My Weekly Indicators post is up at Seeking Alpha.

The short leading indicators have continued to improve, from awful, to less awful, to merely really bad.

But that the NASDAQ briefly made a new high last week, while the S&P was only 5% from one, while the coronavirus pandemic rages on, was simply insane.

As usual, clicking over and reading should bring you up to the moment on the economy, and reward me a little bit for my efforts.

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Another Look

Another Look

by

Ken Melvin

In the wake of riots following the Police murders of George Floyd, Breonna Taylor and too many other Black Americans, and Trump’s earlier installation  the likes of Jeff Sessions and Bill Barr as Attorney General; let US Cities find now to be a particularly good time to look anew at what they, the people, think should be the proper role of Police in America. It is time and time to rethink Policing in America. Any and all changes made need be made nationwide, else we would wind up forever dragging around this same Policing Model, a model purportedly somewhat based on some interpretation of the Old Testament of the Bible, a Model with ties to Slavery and Servitude. It is time and time that Policing in America broadly reflects current American values and thinking.

Police being an inclusive term; including all law enforcement agencies.

Much of what we now have was brought forward from 17th Century English Laws premised on protecting the property of the landed gentry, including the Monarch, since modified as required to allow for the added responsibility for public safety, … Today, many Police and Sheriff Departments are Economic and Political Fiefdoms. In December 2019, Barr said, “They have to start showing, more than they do, the respect and support that law enforcement deserves, … And if communities don’t give that support and respect, they may find themselves without the police protection they need.” Safe to assume that Sessions would have agreed. Here we are two generations into the Age of Technology with an Administration out of the 1960s and before. Taking off from Albert Camus’ Absurdism, we past Absurd quite a long ways back. Houston, we have hit bottom.

In times like these, the question must be: 

What should be the role of the Police?

 

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Meanwhile, Virtual online charter schools

The authors’ Brookings blog Post, they explain their peer-reviewed work. The major conclusion is:

We find the impact of attending a virtual charter on student achievement is uniformly and profoundly negative, equating to a third of a standard deviation in English/language arts (ELA) and a half of a standard deviation in math. This equates to a loss of roughly 11 percentile points in ELA and 16 percentile points in math for an average virtual charter student at baseline as compared to their public school peers (see Figure 1 above). There is no evidence that virtual charter students improve in subsequent years. We could not “explain away” these findings by looking at various teacher or classroom characteristics. We also use the same methodology to analyze the impact of attending brick-and-mortar charter schools. In contrast, we find that students who attended brick-and-mortar charters have achievement no different from their traditional public school peers (see Figure 2 below). Our confidence in these results is further buoyed by other studies of virtual charter schools in Ohio and nationwide having similar findings.

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