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

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: […]

Selection

Selection by Ken Melvin The times they are a changing. And they are changing at pandemic speed. Five months ago is ancient history. Now is a but a fleeting interval. From now, the future. What will our world look like six months from now? What will it look like in three years? So much for […]

The 2020 Presidential election nowcast based on State polling: Trump support deteriorating even in red States

The 2020 Presidential election nowcast based on State polling: Trump support deteriorating even in red States For the past four 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 […]