Relevant and even prescient commentary on news, politics and the economy.

Opioid Use since 1968 and Why It’s Abuse Increased

In writing about the increase in Opioid abuse since 1980 and looking around for additional information for Robert Waldmann, I ran across this information as developed by the US Senate Joint Economic Committee. The committee is majority led by Republicans with Democrats being a part. The committee had added additional yearly data pre-1980, when the […]

Weekly Indicators for April 1 – 5 at Seeking Alpha

by New Deal democrat Weekly Indicators for April 1 – 5 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha.  Interest rates ticked up this week, which brought the readings on some interest rate indicators back down. As usual, clicking over and reading helps reward me with a little $$$ for my efforts.

There He Goes Again

On my personal blog, I mentioned that Tom Nichols is absolutely unwilling to discuss the run up to the US/UK?Australian invasion of Iraq. He is careless about facts and expresses contempt for even considering the official conclusions drawn by Hans Blix. He will not face evidence and has total contempt for expertise. He asked me […]

Partners, Not Debtors: The External Liabilities of Emerging Market Economies

by Joseph Joyce    (lifted from Capital Ebbs and Flows) Partners, Not Debtors: The External Liabilities of Emerging Market Economies My paper,  “Partners, Not Debtors: The External Liabilities of Emerging Market Economies,” has been published in the January 2019 issue of the Journal of Economic Behavior & Organization. Here is the abstract: This paper investigates the change in […]

March jobs report: good nowcast, concerning forecast

March jobs report: good nowcast, concerning forecast HEADLINES: +196,000 jobs added U3 unemployment rate unchanged at 3.8% U6 underemployment rate unchanged at  7.3% Leading employment indicators of a slowdown or recession   I am highlighting these because many leading indicators overall strongly suggest that an employment slowdown is coming. The following more leading numbers in […]

Watch for temp jobs weakness in Friday’s employment report

Watch for temp jobs weakness in Friday’s employment report Yesterday I looked at manufacturing jobs, and goods-producing jobs generally, as two what to look for in Friday’s jobs report. Today let’s follow up with temporary jobs, an acknowledged leading indicator for jobs as a whole. As I wrote about a couple of months ago, the […]

What a Difference Three Days Makes?

March 27: TEGUCIGALPA (Reuters) – The United States said on Wednesday it had reached an agreement with three Central American countries to carry out joint police operations in the region, as the Trump administration seeks to stem the flow of migrants across its southern border. The governments of Guatemala, Honduras, El Salvador and the United […]

Unreading Marcuse’s “Repressive Tolerance”

William S. Lind’s cultural Marxism conspiracy theory boils down to the claim that in his essay, “Repressive Tolerance,” Herbert Marcuse “called for tolerance for all ideas and viewpoints coming from the left and intolerance of all ideas and viewpoints coming from the right” and that college administrators and professors have put Marcuse’s proposal into practice […]