This is my second post on the recent troubles with Sterling. In the first, I discussed vibes, mood, and animal spirits. I do think that is the best way to think about what’s going on, but I promised to write as an economist typically do (not as we all our in this case). The basic […]
I really have to write about macroeconomics given the drama across the Channel in the UK. The story so far is that New Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng have managed to spook money managers by threatening to cut their taxes . Kwarteng proposed a mini budget cutting the top […]
Yea, I know. Who the hell is Mallory McMorrow. First let me explain Lana Theis. Lana is a state senator representing the Michigan state district I lived in when I was near Brighton, Brighton Michigan. Lana is Republican and was pretty much protected from being replaced due to state gerrymandering. You may remember her as […]
I am not an attorney; although, I have been in all levels of state and federal courts including Certs to SCOTUS. I had to learn by default to get my points across at times. Neither am I to be trifled with if you choose to make BS statements. I found this SCOTUS article to be […]
I am not a classical liberal, but classical liberals are right about some things. In a sane world they could play a valuable role by challenging the thinking of social democrats, welfare state liberals, and others who believe the state has an important role to play in economic affairs. We all need to be kept […]
Neofascist Giorgia Meloni will be the next Italian Prime minister. I feel I have to write about this being in Rome, but I am clueless as to how it happened (I wasn’t optimistic a year ago – I was expecting authoritarian xenophobe demagogue Matteo Salvini to be the next Italian prime minister — I guess […]
Kind of a mixed bag of what news was showing up in My In-Box. It was evenly spread amongst various topics. Ford building a battery plant just like everyone else is planning. Wall Street buying up residential homes. That purchasing of houses will come to no-good for the average citizen. ACA Preventive is under threat […]
House price indexes: more evidence of a summer peak – by New Deal democrat The Case Shiller and FHFA house price indexes were updated through July (technically, the average of May through July) this morning. Ordinarily I do not pay them too much mind, but this year they are very important in confirming a peak in […]
Senate Democrats on a Wednesday back a while ago blocked two bills from Sen. Ted Cruz (R., Texas). The bills would be using COVID-19 stimulus funds to bolster school security and mental health resources for students. Sounds like a much -needed idea given past circumstances. Cruz’s proposals: The Securing Our Schools Act, which was cosponsored by […]
A Capitol rioter who received phone call from the White House on Jan. 6 was identified as a 26-year-old Trump-loving New Yorker who joked about shooting Nancy Pelosi.