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

Money beyond borders: a book review

I’ve read over 200 history books and biographies. The two great drivers of history are war and money. For a dose of military history, I recently read “The Dark Path” by Williamson Murray. A big take-home of that book was how often victory depended on superior finances. For economic history, I’ve read “Money: The true […]

Purdue Pharma and OxyContin

In “A 1980 Letter on the Risk of Opioid Addiction letter” article, identified were 608 citations of the index publication and noted a sizable increase after the introduction of OxyContin (a long-acting formulation of oxycodone) in 1995 (Figure 1). Of the articles that included a reference to the 1980 letter, the authors of 439 (72.2%) […]

Gasoline Prices per Gallon are Up

As if you did not know this? Fortunately, our vehicle is efficient, our stores are close, and we do not have to be anywhere U.S. gasoline prices jump to highest since 2022 U.S. gasoline (UNG) prices extended their climb Thursday, with AAA’s national average for regular fuel reaching $4.30 a gallon as drivers absorbed the […]

no emergency in Louisiana, just redrawing voting districts

“What the Court Did in Callais—And Why It Matters” Civil Discourse  Joyce Vance Absentee-by-mail voting was already underway in Louisiana’s primary elections when the Supreme Court handed down its decision in the Callais case on Wednesday. Polling places were preparing for in-person early voting to start on Saturday. But today, Louisiana’s Governor said there was an “emergency,” and that […]

Blockbuster initial jobless claims report suggests unemployment could decline all the way to 4.0%

– by New Deal democrat I wasn’t able to get to either the GDP report or the jobless claims report yesterday. I’m going to hold off on the GDP report until next week, because there was a lot going on, but this morning (before the ISM manufacturing Index comes out) let’s take a look at jobless […]

Iran-China Rail Link

This is going to be interesting. Iran has another route in which to secure supplies, food, ammunition. An ocean/sea/straits can do little (none) to blockade an overland route by rail. From what I have read, it appears China has electrified the route. Electricity powered trains would be more efficient smf ;ess endangered by the US, […]

Data Centers and Water

Not sure why. They are building in Arizona. I would think Arizona would be one of the last places to build a data center as water is not abundant, There are water issues here. Surface water is drying up. It’s no secret Arizona is worrying about its water. The Colorado River is drying up, in part due […]

politics and the economy . . .

A rundown of the politics and the economy . . . April 28, 2026 Letters from an American Prof. Heather Cox Richardson There is a frenzied feeling to the news coming from the White House these days. Yesterday, the administration tried to blame Democrats and the media for the incident at the White House Correspondents’ […]