The events are akin to the film Seven Days In May with a role reversal detailing a rogue General instead of President. Seven Days in May begins with a riot in front of the White House. It’s the late 1960s and U.S. President Jordan Lyman (Fredric March) has recently signed a nuclear disarmament treaty with the […]
Letters From An American – September 14, 2021
Science is a human enterprise
Prof. Joel Eissenberg, Biochemistry and Molecular Biology Arguably *the* transformative scientific innovation of the past two years was the development and deployment of mRNA vaccines against SARS-CoV-2. But like any innovation, there is a long unsung history, with lots of players nobody heard of. Since the Nobel Prize in Medicine is likely to go to […]
The anti-democratic tenor of the criticism of Australian policy is troubling
In prior posts, I argued that Australia’s covid policy can be criticized, but that it cannot simply be dismissed on the grounds that it is “authoritarian”. Here I will argue that some criticism of Australian covid policy has a distinct and troubling anti-democracy flavor to it. Tyler Cowen argues that Australia should be investing in […]
Polluting the Atmosphere for Free
Coming to a Close?, Quartz, Michael J. Coren & Clarisa Diaz Quartz has an article up on Carbon emissions which I found interesting. It is explaining why natural gas prices are increasing. Taking from the Quartz article, a few segments. The price of carbon has never been higher. In April, a metric ton of carbon in Europe […]
Natural Gas prices at a 7 1/2 year high
Focus on Fracking: natural gas prices at a 7 1/2 year high; US crude supplies at a 23 month low, gasoline supplies at a 22 month low, Blogger RJS Natural gas prices also rose during the holiday shortened week as three-fourths of Gulf production still remained shut in as the weekend approached . . . […]
Industrial production now exceeds pre-pandemic level
Industrial production now exceeds pre-pandemic level Industrial production, the King of Coincident Indicators, was reported this morning for August and was positive in a particularly significant way. Total production increased 0.4% in August, and the manufacturing component increased 0.1%. Nothing particularly special about that; in fact the manufacturing component was a little weak compared with […]
Supplies of US crude at a 23 month low and gasoline at a 22 month low
“US crude supplies at a 23 month low, gasoline supplies at a 22 month low,” Focus on Fracking, Blogger and Commenter RJS The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending September 3rd indicated that after major decreases in our oilfield […]
A more “normal” consumer inflation reading for August belies damage to the economy going forward
A more “normal” consumer inflation reading for August belies damage to the economy going forward Inflation, along with the expiration of the emergency pandemic payment, is one of the two big threats to this expansion. This morning August consumer inflation was the lowest in 6 months, up only 0.3% – within the range of a […]
Lodestar
Time was when the future could be and was read from the tea leaves of the past. Elders, old-timers, and other records could tell us what to expect in the way of weather. That wasn’t so long ago. Today, all we have to go on is the scientific models. The past no longer applies when […]
