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

Is Jon Chait an Antisemite ? He says yes.

People who quarrel with those with whom they mostly agree and focus on the “to be sure” paragraph of a column with which they mostly agree are a nuisance. I am such a nuisance. Jon Chait wrote an article noting that the GOP accepts antisemitism and the Democrats don’t. He makes his case. However, he […]

A Stale Beeveridge Debate

It’s that time again*: we have reached the stage in the business cycle when normally sensible economists are alarmed that the Beveridge curve has shifted up. Paul Krugman is (as usual) on the side of relative reason, but he miss-used the curve in this figure Here he uses the data *and* the assumption that there […]

Italy Leading in Neo-Fascism and Anti-Fascism

Neofascist Giorgia Meloni will be the next Italian Prime minister. I feel I have to write about this being in Rome, but I am clueless as to how it happened (I wasn’t optimistic a year ago – I was expecting authoritarian xenophobe demagogue Matteo Salvini to be the next Italian prime minister — I guess […]

Money In Politics

I have two thoughts. The first is that major party presidential candidates would be wise to stop participating in big dollar fundraising events. The second is that we can identify the effect of money on political success, but usually assume that correlation is causation. I think that three major party candidates have seriously hurt themselves […]

Ezra Klein on ARPA-H

As usual it is best to just click and read as the column is well crafted and I can’t summarize or explain well. The topic? “On Monday, President Biden announced that Dr. Renee Wegrzyn, a biotech executive who previously worked at the Defense Advanced Research Projects Agency, better known as Darpa, would be the first […]

Marking My Beliefs About Weapons to Market 2 (Military 3/N)

On April 1 2022 I wrote “I score Robert 4 Pentagon 0. I currently oppose the F-35 procurement program. No score yet.” I didn’t know that 4 days earlier on March 28 2022 Valerie Insinna had published “F-35 cuts, F-15 boost, and E-3 replacement: Air Force’s $170B budget makes big moves in FY23“ “the biggest […]