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

CPI Rose 0.5% in July on Higher Prices . . .

A lot more intense economic commentary and detail coming by way of blogger and commenter R.J.S. MarketWatch 666 CPI Rose 0.5% in July on Higher Prices for Food, Energy, New Vehicles and Lodging The consumer price index rose 0.5% in July, as higher prices for food, energy, new vehicles, and lodging at hotels and motels […]

Gasoline and Natural Gas Supplies, Alaska drilling

Gasoline supplies at a 42 month low; natural gas supplies still 16.5% lower than a year ago; offshore Alaska drilling resumes; Commenter Blogger RJS, MarketWatch 666 This Week’s Rig Count Number of drilling rigs active in the US increased for the 40th time out of the past 47 weeks during the week ending August 13th, […]

The war on the war on covid intensifies: an attack on vaccine mandates

Yesterday Donald Boudreaux published a letter to the Wall Street Journal about the Zywicki lawsuit against George Mason University that I posted about here.  Let’s take a look at classical liberalism in action: Today’s edition contains three letters critical of my colleague Todd Zywicki’s defense, in your pages, of his lawsuit against George Mason University’s vaccination requirement. Each […]

The war on lockdowns versus the evidence

Over at NBER, Helliwell et al have a paper comparing the virus elimination strategy of China, Australia, New Zealand, etc., with the more common mitigation strategy followed by most countries (footnote omitted): Our analyses show that Eliminators experienced lower death rates from COVID-19. But to what extent were these reductions in COVID-19 deaths obtained at […]

Medicare Advantage and Medicare Issues

Why the hell would I go back to 2019 and cite a Nancy Altman complaint about Trump’s Executive Order? Some Introduction There were already issues with Medicare Advantage in $billions of over charges as Ms. Altman cites in her commentary. Secondly, Medicare Advantage is not “single payer” like Medicare (even without creating hospital budgets, setting […]

The Afghan situation . . .

I have no special insight on any foreign policy issue, but if you’re interested in a no-nonsense defense of Biden’s policy see this post by Scott Lemieux. His key points are (my interpretation/paraphrase): Long term low-engagement occupation was not a serious option, the only choices on the table were long term escalation or pulling out. […]

The war on the war on covid continues: vaccine mandates and judicial review

George Mason University law professor Todd Zywicki has filed suit against GMU over its policy of requiring students and staff to be vaccinated against covid.  Zywicki does not argue that any vaccine mandate is unconstitutional.  Instead, he claims that GMU’s vaccine mandate violates his constitutional rights to bodily integrity and medical choice because he has […]

July Producer Price Index Sets New YoY Records

for Final Demand Goods, Final Demand Services, and Intermediate Services; and a 46 year High for Prices of Intermediate Goods, Commenter and Blogger RJS, MarketWatch 666 The seasonally adjusted Producer Price Index (PPI) for final demand rose 1.0% in July, as prices for finished wholesale goods rose 0.6% while margins of final services providers rose 1.1%…that increase […]