(Dan here…Joseph Joyce writes for Econbrowser) International Factor Payments and the Pandemic I have written a piece on international factor payments (migrants’ remittances, FDI income) and the pandemic for Econbrowser, the widely followed blog of Menzie Chinn of the University of Wisconsin and James Hamilton of the University of California-San Diego. You can find it here: […]
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 […]
Goodbye To The Last True Georgist Economist: Mason Gaffney Mason (“Mase”) Gaffney died on July 26 in Redlands, CA of Covid-19 at age 96. He was both a great guy as well as arguably what the title to this says: “the last true Georgist economist,” with such economists being followers of Henry George, whose 1878 […]
June durable goods orders continue rebound Last week I wrote a synopsis of the short leading indicators and what they suggested about the ultimate Presidential election result in November. Basically, they have improved over the last several months and suggested the polls would tighten compared with the present. Among the missing June indicators were durable […]
Managing A Zoom Conference As of the end of this week, I completed chairing the 30th annual international conference of the Society for Chaos Theory in Psychology and Life Sciences, with 54 participants from around the world. It basically went well, and it was kind of cool to make introductory remarks at 8 AM during […]
by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. There was no significant change this week in any of the indicator time frames. I expect that to change in a hurry once the pain of the ending of the supplemental $600/week unemployment benefits is felt. That was all going to spending, and […]
New home sales roar back to pre-pandemic levels At some point – probably three or four months after Joe Biden takes the oath of office on January 20 of next year, G*d willing – the coronavirus pandemic is going to be brought under control in the US. At that point the long leading indicators are […]
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 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 […]
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 […]