Coronavirus dashboard for September 13: on the downside of the Delta wave, vaccinations make all the difference With each passing day, it becomes increasingly likely that the peak of the Delta wave was just before Labor Day. We’ll probably get a pop in the weekly average number tomorrow, as today’s numbers replace the Labor Day […]
In my previous post, I argued that the only plausible way to criticize covid policy is to explain why some alternative policy mix (possibly a policy with a big dose of “no regulation”) will lead to better outcomes than the current policy regime. Libertarians often refuse to engage in this type of policy analysis. Instead, […]
Death to Farm Credit from Those on High, Farmer and Economist, Mike Smith I’m in between fall crop planting and have to focus so I am going to run this like the rancher on the clock. Farm Credit System History In 1916 when the Farm Credit System was established there were 6 million farms that employed around […]
For some, the past is not past. The past is something to hold on to; is something to be always brought forward. They don’t want, don’t like, change. The rest of us, we know that we must change in order to progress, to survive. In order for those who would remain in the past to […]
July’s Wholesale Sales Were Up 2.0%; Wholesale Inventories Were Up 0.6%, MarketWatch 666, RJS The July report on Wholesale Trade, Sales and Inventories (pdf) from the Census Bureau estimated that the seasonally adjusted value of wholesale sales was at $601.3 billion in July, up 2.0 percent (±0.4 percent) from the revised June level, and up 23.7 percent […]
On January 6, 2021, the Honorable Mo Brooks admonished Trump’s ‘Stop The Steal’ crowd to, “… start taking names and kicking ass.” ‘Open Sesame’, Mo; just for you. Beginning with Alabama’s own little theocrat, Kay Ivey; then, Mississippi’s Tate Reeves; then, Tennessee’s Bill Lee, then Missouri’s Mike Parson; then, Texas’s Greg Abbott; then, Florida’s Ron […]
by New Deal democrat Weekly Indicators for September 6 – 10 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The big surprise of the past several months has been how little effect the Delta wave has had on the data, and in particular consumer data. As usual, clicking over and reading hopefully […]
Norway’s Climate Dilemma Carlos Joly, a finance-and-climate consultant, has a piece today on the upcoming election in Norway, one of the world’s major exporters of oil and gas. To its credit, Norway puts its earnings in a fund to support future generations after its deposits are exhausted, known to economists as the Hartwick Rule. That’s great for […]
Libertarians criticize covid policy in broad, uncompromising terms. These arguments are unproductive at best; at worst they are divisive and potentially destructive. Many are just propaganda. This does not mean that criticism of the government response to covid is off limits. The alternative to the libertarian approach is policy analysis: evaluating specific policies on their […]