Can ChatGPT run a business? Color me very skeptical. This is a shockingly easy question, but I would not have predicted that ChatGPT would get it right, given its limited ability to do math and think logically. So, I am updating my assessment of ChatGPT (slightly) in a favorable direction. Still, before we get too […]
How “FHFA-CPI” using house prices rather than OER shows a sharp deceleration in inflation – by New Deal democrat Paul Krugman made another foray into the “inflation is mostly gone” genre over the weekend with a thread on Mastodon that largely relied on the following graph: concluding that “[A]t this point the burden of proof lies on […]
Recently, The American Prospect‘s David Dayen’s introduced us to a new student loan system. A new program implemented for income driven based repayments (IDR). It requires lesser payback amounts and shorter a time period than the of 25 years to pay back. Unfortunately, a person would still be in their mid-forties if everything works out […]
Weekly Indicators for January 16 – 20 at Seeking Alpha – by New Deal democrat I forgot to post this yesterday, so here you go today . . . My “Weekly Indicators” post is up at Seeking Alpha. Every now and then you get a contratrend week, when a bunch of metrics move in the opposite direction […]
From the NYT opinion pages comes Paul Krugman’s description of the two basic problems of a declining population in a country, Dr. Krugman ues China as an example. China’s population declined last year, for the first time since the mass deaths associated with Mao Zedong’s disastrous Great Leap Forward in the 1960s. Or maybe it […]
A bit of history as reviewed on a “woman’s right to decide,” by Professor Heather, “Letters from an American.” Tomorrow marks the fiftieth anniversary of the Roe v. Wade decision. On January 22, 1973, the Supreme Court decided that for the first trimester of a pregnancy, “the attending physician, in consultation with his patient, is free to […]
10-15 years ago, Massive Online Open Courses (MOOCs) were a higher education fad. Universities could dispense with physical (lecture halls, heating, cooling, cleaning, security) and administrative (room scheduling) costs and just teach students online. During this period, I was associate dean for research and the Dean of our medical school brought up the suggestion that […]
Existing home sales and prices decline; plus, a closer look at multi-unit housing construction – by New Deal democrat I will keep my comments on December existing home sales and prices brief. That’s because, even though they make up about 90% of the total market, they have much less economic impact than new home construction. […]
I can not say I have been exposed to any of this switcheroo as my meds are older technology. We are also on regular Medicare and not Medicare Advantage. I have a larger say with the former. Part D works mostly except the pharmacies in my area are less helpful than they were in Michigan. […]
The actual Big News in this morning’s housing report was – positive – by New Deal democrat For the second month in a row, the biggest news in the housing report was not in the headlines. Most of what you are going to read is about how bad housing permits and starts were, and that […]