Consumption leads (longer term) unemployment, too – by New Deal democrat Once again there is no new economic data, so let me follow up some more on the issue of longer term unemployment. Earlier this week I pointed out that just as initial claims lead continuing claims, so does short term unemployment (under 5 weeks) […]
A commenter on AB recently noted that EVs are dead, to which I responded that there sure are a lot of zombie EVs here in East Providence. Kevin Drum has a post up about EVs showing that zombie EVs have been proliferating exponentially since 2011 and arithmetically since 2020. So many dead EVs. Who knew? […]
When I started as a PhD student at UNC-Chapel Hill in 1977, my stipend as an NIH trainee was $3900/year (ca. $20K in today’s dollars). When I started as a postdoc at Washington University in 1982, my salary was $12,800 (ca. $41K in today’s dollars). At the time, I regarded this as the opportunity cost […]
Richardson has a post-election analysis up at her substack blog. Some money grafs: “In Virginia, Governor Glenn Youngkin campaigned hard to flip the state senate to the Republicans, telling voters that if his party had control of the whole government he would push through a measure banning abortion after 15 weeks. This has been a […]
From a comment thread over at jabberwocking.com: “For a party that’s always on suicide watch according to the pollsters, Democrats sure have been winning a lot of elections these past six years.”
Prof. Heather discusses Biden motivating the FTC to start the process of breaking up monopolies and weaken up the economic power of these large entities. She draws upon the history of Roosevelt in 1908 doing similar and meeting resistance from House politicians led by Joe Cannon as supported by big business to stymie his efforts. […]
Scenes from the October jobs report: soft landing vs. continued slow deceleration – by New Deal democrat First, an editorial note: economic news is light this week, so don’t be surprised if I play hooky for a day or two. That being said, let’s take a look at the most important trends, as I […]
Count me among those who hope for the dawning of the driverless car age to happen soon. If I live long enough, the day will come when someone—my wife, my daughter—will extend their hand to demand the car keys. The prospect of being able to summon a driverless car to take me to the grocery […]
Article by the economist David Zetland citing other articles about boats during the time period of 1875-2020 as taken from The Atlantic. Like myself, David is a subscriber. It provide some interesting reads on a variety of topics. Some old, insightful articles on boats, The one-handed Economist, David Zetland The Atlantic has been publishing since 1857. […]
This is mostly a recital of an article by Peterson-KFF (March 2022) on medical debt as held by average people. A few tweaks here and there. The article content adds another block of reasoning to the foundation for Medicare for All, single payer, etc. It is long and I know some who have short attention […]