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

A Bit of Peter Drucker for You All

“Peter Drucker Sets Us Straight,” January 12, 2004 (cnn.com), Peter Drucker and Brent Schlender This is an oldie from 2004 which still has relevance to what has occurred and is occurring in the world today. Any number of times I have found myself fixing supply chain operations globally for various companies of different countries. Ninety-Four […]

Social media and Damar Hamlin’s Collapse combine to create a vaccine misinformation field day

“Social media and Damar Hamlin’s Collapse combine creating a vaccine misinformation field day“, Fortune, Ali Swenson, David Klepper, Sophia Tulp and The Associated Press “Unfounded claims about the safety of COVID-19 vaccines proliferated in the hours and days after Buffalo Bills safety Damar Hamlin collapsed during Monday’s game, revealing how pervasive vaccine misinformation remains three years after […]

The main reason for the decline in inflation since June

In which I quibble with Prof. Alan Blinder about the main reason for the decline in inflation since June  – by New Deal democrat Alan S. Blinder is getting traction for an opinion piece published in the WSJ concerning the big decline in inflation since June. He acknowledges that“ energy inflation played a meaningful role” but […]

Kevin McCarthy’s 15th Vote finally wins amongst Republicans

The 15th time and McCarthy’s selling of his soul to legislate in favor of radicalism was the charm. Care to fetch, Kevin? Prof. Heather presents additional history and politics along with Weldon’s commentary, and Peter Dorman piece explaining Republican politics and the actors who display little incentive to compromise. A trifecta of excellent posts. January […]

December jobs report: good headlines, but deceleration continues

December jobs report: good headlines, but deceleration continues    – by New Deal democrat If the long leading indicators all last year, and the majority of the short leading indicators from the past few months are to be believed, a recession is near. And if that is the case, we ought to see the leading […]

Ukraine updates

Ukraine is getting much more advanced offensive weapons . . . This seems to mark a major shift, a commitment to helping Ukraine go on offense and win.  Open questions . . . How far will Ukraine’s partners go?  Infantry fighting vehicles today, maybe tanks, ATACMs, planes, etc. tomorrow?  How big a threat is the […]

Is our AI learning?

Tyler Cowen points us to YouChat, a new AI chatbot, that as far as I can see after studying this carefully for 15 seconds is supposed to be more up to date than the OpenAI bot and integrated with a search engine which naturally makes it the next new thing and presumably worth billions of […]

November existing home sales: prices have unequivocally turned down

November existing home sales: prices have unequivocally turned down  – by New Deal democrat Existing home sales do not have much actual economic impact, since the primary economic activity generated by housing is the construction. But they do help tell us a great deal about pricing. For the record, sales continued their relentless decline this […]