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

SCOTUS Denies trump’s Demand . . .

SCOTUS Denies Trump’s Demand To Withhold Docs From Jan 6th Committee DONALD J. TRUMP, FORMER PRESIDENT OF THE UNITED STATES v. BENNIE G. THOMPSON, IN HIS OFFICIAL CAPACITY AS CHAIRMAN OF THE UNITED STATES HOUSE SELECT COMMITTEE TO INVESTIGATE THE JANUARY 6TH  ATTACK ON THE UNITED STATES CAPITOL, ET AL The application for stay of mandate and injunction pending review presented to THE CHIEF JUSTICE and by him re-ferred […]

Commercial crude at new low, total US supply lowest since January 2012; gasoline demand at 11 month low

RJS, Focus on Fracking, Strategic Petroleum Reserve at a new 19 year low; commercial crude inventories fall to 45 month low, total US oil supplies lowest since January 20th 2012; implied gasoline demand at 11 month low; largest jump in drilling rigs since April 1st as the Haynesville and the Marcellus are targeted for oil This Week’s Rig Count The number […]

Blacks and Hispanics are unlikely to have fair access to Paxlovid

This doesn’t justify the NYDH guidance. In a recent post, I criticized the New York Department of Health for using race/ethnicity as risk factors when determining eligibility for Paxlovid without providing evidence that Black/Hispanic people are more likely to die if they get Covid-19 than similar White people. My criticism is not based on a […]

An Opinion II

This is my second comment on Noah Smith’s substack. Today he wrote about something I should know about — macroeconomics. As always, I am amazed by Noah’s knowledge (it is his former former field of academic research). I don’t know for sure if his article is available only for subscribers, so I will try to […]

The political costs of racial preferences

Donald Trump had a rally this weekend in Arizona: Former President Donald Trump on Saturday claimed that white people are being discriminated against and sent to the “back of the line” when it comes to receiving COVID-19 vaccines and treatment. Speaking during a rally in Florence, Arizona, Trump alleged that coronavirus vaccines and treatments are being unfairly […]

Yet another one of those Matadors

Yet another one of those Matadors  Adorno’s metaphor of the “matadors of the culture industry” didn’t fall out of the sky. Nearly four decades earlier — sometime between 1931 and 1933 — he had written several short pieces, one of which was titled “Applause.”  I came across mention of it when I was looking to […]

Maximalism and the perils of pandering

What are leading Democrats trying to accomplish with their current push on voting rights?  It’s far from clear.  One approach to voting rights reform would have been to reach out quietly to Republicans and to try to negotiate a limited bill that could win bipartisan support.  Biden could express optimism that reasonable Republicans would come […]

Let It Be On Their Heads

Today the conservative majority of Supreme Court Justices decided that federal vaccine mandates are unconstitutional, that states rights and employer rights are more important than the public’s welfare in this time of pandemic. It is likely that their decision will result in the unnecessary death of as many as 250,000 Americans. Let it be on […]

Yes, externalities are real – we’re all paying for Ivermectin

Some libertarians oppose vaccine mandates by claiming that unvaccinated people only impose costs on themselves. However, as I noted in an earlier post, we’re all paying for the vaccine hesitancy stirred up on the right. From JAMA (footnotes omitted): Findings suggest that insurers heavily subsidized the costs of ivermectin prescriptions for COVID-19, even though economic […]