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

In Defence of Comrade D’Souza

David Frum does not have a favorable view of Dinesh D’Souza and his latest movie, “Death of a Nation.” He argues sthat D’Souza’s alleged history is fiction, and that D’Souza is governed almost entirely by resentment of all of the experts in all of the fields in which he dabbles, who note that he is […]

Polling the Left Agenda — Finally

Click this link. Data For Progress decided to ask people about policy proposals which very serious centrists consider way too far left for America. American voters respond differently. As should already be clear from existing polls (click and search for “fair”), there is strong support for egalitarian populist redistributive public policy. At Data For Progress, […]

Let’s Make a Deal

This may be what Mueller is saying to Manafort, but I include those names just to try to trick google and get clicks. I want to write about the very well known Monte Hall paradox. For the kids, there was this show “Let’s Make a Deal” featuring contestants and host Monte Hall who acted like […]

Financial Arson Report: This Time It’s Blatant

Don’t say I didn’t warn you (in particular, don’t say I didn’t warn you on September 25 2008). Naked CDS make financial arson profitable. It is also, probably, legal. It seems Blackstone made some money by threatening financial arson (arson meets grenmail). WSJ (via Drum) Blackstone offered Hovnanian a low-cost loan and persuaded the builder […]

Government-ish

Drum honor role. I recently criticized Kevin Drum, so I am pleased to think especially highly of this post which I think you should read (also, as Drum says, always click the link especially if it is a vox.com link) My comment I am always impressed by your insights, but, that said, I think this […]

Anthony Kennedy Retires

Anthony Kennedy will retire July 31. This gives Trump and Republican Senators a chance to nominate and confirm a fifth hard right justice. Already the Court has become extremely ideological and activist. Today it declared that Unions couldn’t require employers to pay the union a a fixed amount per worker, because that allegedly violated the […]

Banging Drum

I almost always agree with Kevin Drum who is, among other things, a brilliant economist even thoug (or largely because) he didn’t study economics much in college. But I don’t entirely agree with his one minute explanation of the importance of the yield curve for macroeconomic forecasting. the ever-fascinating yield curve, which tracks the difference […]

Time for some not very big data biotech

It appears that the US government has separated mothers and their children and doesn’t know how to get them back together again. In particular, this is extremely difficult if the children are under 2 and don’t know their family name (looking for someone identified only as “mommy” or “mia madre” is challenging. I think a […]