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Relevant and even prescient commentary on news, politics and the economy.
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01 апреля, 22:00

Richard Epstein: Peak Dishonesty

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Richard Epstein: Peak Dishonesty, Econospeak Epstein is the doyen of libertarian legal theorists. Larry Tisch Professor of law at NYU and a senior fellow at the Hoover Institution, he has vast influence throughout the conservative world, including the White House. His latest jag is calling for an early end to isolation policies to contain the […]

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01 апреля, 20:00

Is Pompeo The Worst Secretary Of State Ever?

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“Is Pompeo The Worst Secretary Of State Ever?”, Econospeak, by Barkley Rosser This is the title of a column in today’s Washington Post by Jackson Diehl. His answer is an unequivocal “yes,” and I must say on thinking about it I know of no others clearly worse than him, maybe not even any as bad as […]

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01 апреля, 18:30

“Wow, that’s something,”

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A presidential comment on New Mexico Governor Lujan Grisham concerns: Grisham: “We’re seeing incredible spikes in the Navajo Nation, and this is going to be an issue where we’re going to have to figure that out and think about maybe testing and surveillance opportunities, The rate of infection, at least on the New Mexico side […]

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01 апреля, 04:48

End of the Line

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Relax a Little Bit

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31 марта, 22:32

Open thread March 31, 2020

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31 марта, 21:52

(Abbreviated) coronavirus dashboard for March 29

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(Abbreviated) coronavirus dashboard for March 29 – by New Deal democrat Here is the update through yesterday (March 28) [NOTE: I am not including the State by State breakdown today, which is time-intensive to create. It will resume tomorrow.] In order to succeed in containing the pandemic, I believe that the US needs 2 weeks […]

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31 марта, 21:19

A last look at the 2009 – 2020 expansion

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A last look at the 2009 – 2020 expansion by New Deal democrat All of the most important economic from February has been reported. Since that was the last month before coronavirus derailed everything, I thought I would take a look back and see what shape the economy was in just before the moment of […]

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31 марта, 20:59

Class Warfare

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The Covid-19 pandemic is the physical manifestation of a deeper disease plaguing the West: Class Warfare. The veil has been lifted. Social distancing, a legitimate response to Covid-19, predominately affects the working class. Fortunately, Covid-19 is an equal opportunity plague: As the rich and powerful congratulated each other, as they moved among the rightfully adoring […]

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31 марта, 13:45

The Mankiw CV Plan

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The Mankiw CV Plan Greg Mankiw has posted a suggestion for delivering money to people that targets the benefit to those who need it the most.  The idea is clever: 1. Pay people the benefit B.  (This could be spread over many weeks or months.)  Everyone gets the same B. 2. Next year at tax time, […]

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31 марта, 01:58

Coronavirus dashboard for March 30: exponential growth rate may be decreasing

Coronavirus dashboard for March 30: exponential growth rate may be decreasing – by New Deal democrat Here is the update through yesterday (March 29) I am pleased to read that it looks like there is near-consensus in the medical community that a “first China, then South Korea” (or, “Sledgehammer then Scalpel”) approach is the paradigm […]

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30 марта, 21:00

Brace yourselves: the US is Setting Up a Ghastly “Natural Experiment”

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Brace yourselves: the US is setting up a ghastly “natural experiment” – by New Deal democrat When I began my “Coronavirus Dashboard,” I was hopeful that it would document the slow progress towards turning a bad situation around, and the ultimate tamping down of the pandemic. Surely increasingly intense and overwhelming public pressure would force […]

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30 марта, 18:30

Weekly Indicators for March 23 – 27 at Seeking Alpha

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Weekly Indicators for March 23 – 27 at Seeking Alpha by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. As you might expect, almost all of the “hard” indicators have crashed. What sticks out is that consumer spending, as measured by chain store sales, has not – even though one week […]