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

Bad management and dry taps in Turin

* Please help my Water Scarcity students by commenting on unclear analysis, alternative perspectives, better data sources, or maybe just saying something nice. David Zetland Bad management and dry taps in Turin, The one-handed economist Kiara writes* Water scarcity in the metropolitan area of Turin (Italy) is the result of climate change, weak government policy, […]

Republicans repeatedly exploit people’s biases to win elections

For one, I find it difficult for behavior economics to explain why people are reacting in irrational ways. For example, University of Chicago poses some statements or questions on the issues. Delaying on investing in a 401k to save was only because at the time I could not afford to do so even though I […]

In Answer to a Headhunter looking for a Candidate

Many of you know me from my telling of past experiences. Here is one more to add to the pile. A recent email to me about an employment opportunity in automotive. My return email to the headhunter. Renaldo: Thank you for your interest.  Having been trapped between Engineering and the plants over the years where I […]

Real final sales and inventories as portents of recession

Real final sales and inventories as portents of recession  – by New Deal democrat As I have mentioned previously from time to time, I read people who have interesting things to say even if their worldview is very different from mine. One such person is Mike Shedlock, a/k/a Mish. He’s an aggressive libertarian and has […]

Humana takes next step towards CEO’s “Medicare Advantage for All” gamble

I agree with Charles Gaba. Medicare Advantage is not much better than Commercial Healthcare Insurance. To wit, it is Commercial Healthcare Insurance gussied up to look like FFS Medicare. The extra benefits given to enrollees in Medicare Advantage comes from FFS Medicare expenditures. Furthermore, the companies providing healthcare to those on Medicare bid low and […]

Nobody is getting laid off, all systems are go

Jobless claims: the situation remains, ‘all system go’  – by New Deal democrat Initial jobless claims declined -2,000 last week to 190,000, while the 4 week moving average increased 1,750 to 193,000. Continuing claims, with a one week delay, increased 5,000 to 1,655,000. All of these remain excellent numbers: To repeat my meme over the […]

“Seville: public water and private interests”

David Zetland is teaching a class and he is asking for commentary, Commentary to help his Water Scarcity students by commenting on unclear analysis, alternative perspectives, better data sources, in this post or maybe just saying something nice 🙂 to them. I am sure we can do better . . . “Seville: public water, private […]

When Confronted By the Truth . . .

“Jawboning, the moral suasion in the context of economics and politics. In action such is the use of authority to persuade various entities to act in certain ways. It can sometimes be underpinned by the implicit threat of future government regulation.” President Joe Biden uses the bully pulpit during the State of the Union address to call […]

Why Do Voters Trust Republicans on the Economy More Than Democrats?

This is another inciteful commentary by “annie asks you.” Just like Josh in the movie “Big,” I am raising my hand, stating “I don’t get it.” I don’t get it as to why people would prefer trump over Biden especially after two years of a recovering economy. Maybe many of them were not around for […]

February Mfg. and January Const. Continue Negative, while Auto Sales Improve

February manufacturing and January construction continue negative, while auto sales improve  – by New Deal democrat We started out yet another month of data with bad news in two leading sectors. The ISM manufacturing index has been showing contraction since November, and its more leading new orders subindex since September. And did so again in February, […]