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

Hydroxychloroquine, Anthony Fauci and Kevin Drum

This is a comment on “Is Anthony Fauci Really Our Truthteller-in-Chief?” by Kevin Drum. I will briefly summarize. Drum quotes from the latest press conference “Is there any evidence to suggest that, as with malaria, it might be used as a prophylaxis against COVID-19? DR. FAUCI: No. The answer is no.” Later after Trump says […]

Coronavirus update: reason for alarm; (small) reason for hope

Coronavirus update: reason for alarm; (small) reason for hope This weekend has continued the discouraging news: reports just about everywhere that the Young Invulnerables packed the bars Friday night; the Petri dishes of airport security lines packed with Americans returning from Europe; and personally, two friends who I have known for almost 40 years getting […]

This is what exponential growth looks like

This is what exponential growth looks like I’ve placed an added emphasis on high frequency indicators, as they will be the first to show the impact of coronavirus on the economy. This morning chain store sales for last week were reported. They were: – Redbook +6.0% YoY – Retail Economist unchanged w/w, +0.9% YoY Needless […]

Book Review; Dying of Whiteness

Hey, I am stealing one (or at least a partial) from another blog. It is on target as I would say and it will provoke comments or at least some thinking about the issue. Dying of Whiteness, How the Politics of Racial Resentment is Killing America’s Heartland Lawyers, Guns, & Money, Erik Loomis (Blog writer […]

Live-blogging the Fifteenth Amendment: February 22, 1869

Live-blogging the Fifteenth Amendment: February 22, 1869 On February 22, the Senate took up the revisions that the House of Representatives had made to their proposals from one week prior. The House had struck from the Senate’s version, as sent to the House, the section extending the protections of the Amendment to qualifications for office, as […]

The Economic Anxiety Hypothesis has Become Absurd(er)

I am old enough to remember when many very serious people ascribed the rise of Donald Trump to economic anxiety. The hypthesis never fit the facts (his supporters had higher incomes on average than Clinton’s) but it has become absurd. The level of self reported economic anxiety is extraordinarily low Gallup reports “Record High optimism […]

Katherine Johnson dies at 101

Katherine Johnson, a “‘hidden figure’ at NASA during 1960s space race, dies at 101,” Washington Post, Harrison Smith, February 24, 2020 This is one of those “Oh Wow” moments to note the passing of an important person amongst us. This Physicist – Mathematician, this African-American woman was never recognized or given the honor for the […]

Live-blogging the Fifteenth Amendment: February 8 – 9, 1869

Live-blogging the Fifteenth Amendment: February 8 – 9, 1869 Note: I fell a little behind on this project. I hope to be fully up to date by the end of this weekend. On February 8 and 9, 1869, the Senate did something I daresay it would never consider now: it pulled an all-nighter! Despite numerous […]

Live-blogging the Fifteenth Amendment: January 29, 1869 (3)

Live-blogging the Fifteenth Amendment: January 29, 1869 (3) Later in the evening debate, Representatives Boutwell (who supported the narrow 15th Amendment language) and Shellabarger (Republican from Ohio) (who supported broader “right to vote” language similar to that espoused by Bingham) had the following exchange on the issue of State voter registration laws: Boutwell [discussing the […]