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

An Update on Shadow Government

An Update on Shadow Government Not only is the current level of testing for the coronavirus insufficient, the tests themselves are flawed.  Read this summary by infectious disease specialist Michael Osterholm and a coauthor for particulars.  Their key policy conclusion is A blue-ribbon panel of public health, laboratory and medical experts, ethicists, legal scholars and elected officials […]

Real options and social distancing

I missed this when it first came out: We think that the debate regarding extreme social distancing has a clear verdict — it is imperative that we should engage in this social distancing (shelter in place for all but essential workers) at least for the foreseeable short-term, but for reasons that both sides have missed. Our […]

Quick take on the Payroll Protection Program and Health Care Enhancement Act

The House yesterday approved the Payroll Protection Program and Health Care Enhancement Act.  The PPP part of the law quite literally just increases the amount of money allocated to the program.  That’s it.  The law does almost nothing to fix the serious defects of the program in the original CARES act.  This is remarkable because […]

The actual US coronavirus trajectory: “flattening the curve” at least until 2021

The actual US coronavirus trajectory: “flattening the curve” at least until 2021 “Flattening the curve” was not such an appetizing option either, because it meant that *everybody* got infected with the disease during the period of flattening, and so the death toll would still be horrifying, perhaps 1% to 3%. It also meant that the […]

Rates of testing, positive tests, and new infections by State

Rates of testing, positive tests, and new infections by State So that I don’t lose them, I wanted to publish both the rates of testing (and positive tests) by State, as well as the (Rt) or rate of new infections for each. Both of these are as of last week. Here is the rate of […]

Happy Sesquicentennial Birthday, Vladimir Lenin! (Oh, And Happy Half Century Earth Day)

(Dan here…a day late to AB better than not) Happy Sesquicentennial Birthday, Vladimir Lenin! (Oh, And Happy Half Century Earth Day) A half century ago today was the first Earth Day, which I paerticipated in while at the University of Wisconsin-Madison.  Although I did not know him well, I even met the founder of the […]