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

Privatization

Fear and Loathing On the 17 July 2020, episode of Counterspin, Fair’s Janine Jackson interviewed True North Research’s Lisa Graves about attacks on the US Postal Service. ‘A Combination of Forces Puts Our Postal Service at Grave Risk‘ Jackson leads off talking about the recent appointment of Louis DeJoy, a big Trump donor, to be […]

More economic wisdom from the Library of Economics and Liberty

In a post today at Econlib, David Henderson writes: Postscript: There was an unusually high percentage of good comments on my op/ed on the WSJ site. Here’s one I just noticed: In Michigan, our Governor ordered auto insurance companies to issue rebates – due to folks driving less I guess. But amazingly, our Governor who is […]

Just Some Conversation

“Republicans finally get “death panels,” Hullabaloo, Tom Sullivan, July, 26, 2020 Dr. Jose Vasquez, the health officer for Starr County, Texas located on the US-Mexico border “The situation is desperate.” At the only hospital in the county, over 50% of patients are testing positive for the COVID-19 virus — 40 new coronavirus cases were reported […]

The 2020 Presidential and Senate polling nowcasts: we need more small State polling!

The 2020 Presidential and Senate polling nowcasts: we need more small State polling! For the past five weeks I have posted a projection of the Electoral College vote based solely on State rather than national polls (since after all that is how the College operates) that have been reported in the last 30 days, using […]

Dig Him Up!

Dig Him Up! by Ken Melvin On our TV and computer screens we saw right-winged protesters armed with semiautomatic weapons displaying swastikas, nooses, and replicas of supposed confederate battle flags guarding the entrance and filling the chambers of Michigan’s State Capitol. How did they get by with this? Does the Second Amendment of the US […]

The short leading indicators and the 2020 Presidential election forecast

The short leading indicators and the 2020 Presidential election forecast As I pointed out on Sunday, polls and poll aggregations really aren’t forecasts, they are nowcasts. They tell you who would win and by how much *if the election were held today.* They don’t tell you whether or by how much that is likely to […]

Initial claims: a jolt of bad news, as Mitch McConnell and the GOP dawdle on an emergency benefit extension

Initial claims: a jolt of bad news, as Mitch McConnell and the GOP dawdle on an emergency benefit extension This morning’s report on initial and continuing claims, which give the most up-to-date snapshot of the continuing economic impacts of the coronavirus on employment, was a jolt of bad news, as claims increased by over 100,000 […]

School openings need….

Via Diana Ravitch’s blog on a Time magazine article What the U.S. Can Learn from 3 Countries About Reopening: TIME Magazine just published a story about school reopening in Denmark, South Korea, and Israel, with lessons for the U.S. Lesson #1 from Denmark: Get the virus under control before reopening schools. Unlike Denmark, the United States is bungling […]

Brad Setser on Offshoring Life Science Production and Transfer Pricing

Brad Setser on Offshoring Life Science Production and Transfer Pricing I just posted a discussion of an interesting proposal from Biden written by Alex Parker who mentioned some February 5, 2020 testimony from Brad Setser. The gist of this testimony was noted back in a March 26, 2019 blog post entitled When Tax Drives the Trade Data: […]