Paul Krugman has the amazing ability to get me (briefly) interested in economic theory. He writes that the (non provisional) IRA has had a larger than expected impact on investment writing: Paul Krugman has the amazing ability to get me (briefly) interested in economic theory. He writes that the (non provisional) IRA has had a […]

Non-fungible tokens (NFTs) first came to my attention just a couple years ago. Apparently, anything could be an NFT. Per Investopedia: “Non-fungible tokens (NFTs) are assets that have been tokenized via a blockchain. They are assigned unique identification codes and metadata that distinguish them from other tokens. “NFTs can be traded and exchanged for money, […]

July retail sales: gas and vehicle sales continue to dominate the trend  – by New Deal democrat As always, real retail sales tell us a great deal about what is happening in the consumer economy. July continued the recent trend since gas prices started declining over a year ago. Nominally retail sales increased 0.7%. Since […]

This is one of the types of care where the resource may not be used as often in rural areas when compared to more populated areas. It is still needed in rural areas. The problem being, how do you get the patient and the baby to a fully equipped hospital an hour or more away. […]

This is the Big Story: a 100+ year near-record decline in commodity prices is enabling continued record wage growth and employment  – by New Deal democrat No important economic data today, so let me elaborate on the matter of “immaculate disinflation,” i.e., the decline in inflation without a decline in growth. I’m going to argue […]

A portion of an article about climate impacting global civilianization as presented in Foreign Policy. I believe it lays bare how threatened we are everywhere due to a failure to react to even slight variations in global climate. On even a micro-level we see Montana communities pushing back on court rulings on polluting the environment. […]

Missed this analysis on Friday. July producer prices: economic tailwind weakens, but still in place  – by New Deal democrat Normally I don’t pay too much attention to the producer price index, but because the steep decline in producer prices has been such a boon to businesses, and a big tailwind for the economy as […]

This article is about ER Dr. Ming Lin. He is calling attention to the influence of large corporations such as Envision, TeamHealth in the contracting and management practice of medicine (ERs, etc.) and the detrimental effects it has on physicians, healthcare workers, and patients. He paid the price for calling attention by losing his job. […]

Weekly Indicators for August 7 – 11 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. For the moment we are in something of a holding pattern, in particular with the coincident indicators. Buoyed by the big downturn in commodity prices, and somnolence of consumer prices ex-fictitious shelter, […]

Now that COVID seems to be surging again, some timely reminders are in order: • keep your vaccination status current. The vaccine won’t keep you from being infected, but it will most likely keep you out of the ED and the morgue; • the outcome of COVID infection isn’t binary: death or survival. A third […]