Every day brings new of “breakthroughs” in biomedical research. Most of these are incremental advances, and many you never hear about again because they couldn’t be replicated, failed in early clinical trials, or some other problem. But as described in this link from Wired, I think this could be real progress for Parkinson’s therapy research. […]
The decline in workers’ share of the total pie is far more extreme than standard measures suggest. Total Income, and the Collapse of the Household Labor Share, Wealth Economics, Steve Roth The best way to start this post is with a graph that many will find surprising, even eye-popping. The graph kind of speaks for […]
Before you read the NPR article, I “will” make a few comments. In no way did the Sacklers not know of the impact of the OxyContin. The sale of it as being non addictive was made up from the get-go of the product. Indeed, one larger than life promotion of OxyContin was done with the […]
As a former union member, Reader Denis Drew writes about Labor and Unions. You can read him at Angry Bear from time to time or at his Blog site: “On Today’s Page,” on todays page, Denis Drew. Jimmy Hoffa’s dream – Jimmy Hoffa’s worst nightmare First: Jimmy Hoffa’s medical labor market wet dream: a) cannot […]
As vehicles and outdoor appliances become increasingly electric, long term gas usage – and “real” prices – decline – by New Deal democrat What is the “real” cost of gasoline? When measuring this, some people compare with the CPI. But that actually just tells you the *relative* inflation in gas vs. other items. That’s why, […]
This article is kinda long and also along the lines of what I have done since the mid-seventies. I consulted in throughput for a while. Did not much like it as compared to actually doing it. It is a good piece though. This report is twenty years old and things have changed in China. Modernization […]
My TMU Sustainable Design students on how to fix the world, Carbon Upfront, Lloyd Alter. For about a dozen years, I have taught a one-term course on Sustainable Design at Toronto Metropolitan University (TMU, formerly Ryerson University). It started in the School of Interior Design but has expanded to include students of photography, urban design, fashion, and […]
For MLK Day: Blacks are faring better during the post-pandemic Boom than at almost any time in the previous 50+ years – by New Deal democrat On this MLK Jr. national holiday, let’s take a look at how Blacks are faring in the current economy. And the answer is, pretty good! The unemployment rate for Blacks […]
I’m reading Homelands: A personal history of Europe by Timothy Garton Ash. The book is organized by decades, and the decade of 1980-89 was a historically significant one for Central Europe. By the end of the decade, the “communist” dictatorships in Poland, Hungary, East Germany and Czechoslovakia had collapsed. Real history resists simplification, but to […]
Some morning economics in the states trying to rein in costs. Mississippi Governor Tate Reeves takes on a cut back on food for kids by not accepting a fully funded program. Tate looks like he could spare a few pounds except . . . Republican Governor Tate Reeves is declining to participate in the federal […]