The Angry Bear

John Oliver had a great segment a while back on vaccine hesitancy, in which he shows Tucker Carlson asking absurdly loaded questions about the safety and efficacy of the covid vaccines.  You can see the clip here, the Tucker Carlson bit is around 6:15 to 7:45. I bring this up not to praise Oliver or dump on Carlson, but to point out that Carlson’s disingenuous schtick has a name – “just asking questions”, or JAQing off: Just asking...

A fundamentals-based look at the consumer indicates the expansion is in good shape for now I was going to update the Coronavirus dashboard today, but since half of the States no longer bother to report over the weekend, Monday is basically useless. There may be a few interesting things happening … but let’s wait until tomorrow. In the meantime, I see where Bill McBride posted a graph of spending on gas as a percent of total consumer...

Via Boudreaux, over at Reason, we can read this – evidence, Boudreaux tells us, of “covid hysteria”: Amherst College in Massachusetts is welcoming students back to campus by implementing some of the most restrictive COVID-19 mitigation efforts anywhere in the country.  Administrators will now require students to wear two masks while indoors, get tested every other week, eschew large social interactions, and generally refrain from leaving school...

by Dale Coberly (Dale has been posting on AB on Social Security for over 12 years…some of his work and Bruce Webb’s can be found under our new category Social Security) Social Security Trustees Report OutCRFB Lies About It When is a not-a-lie really a lie? When the liar gives you a part of “true information” and leaves out “the whole truth” in order to lead you to a false conclusion.  Or worse, to lead you to do something that hurts you....

I believe that politicians have some discretion to set policy, and that they should use that discretion to enact the substantively best policies they can, taking account of political and policy constraints.  Political constraints include the need to satisfy voters and win elections, the status-quo bias in public opinion, low levels of political trust, and the limited policymaking capacity of our institutions.  (In the words of political scientist...

Are Former Professors As National Leaders More Prone To Black Swan Events That Overthrow Their Governments?  Probably not, but recent events in Afghanistan suggest an example.  This would be the sudden departure just over two weeks ago on Aug. 15 from Kabul of then Afghan President Ashraf Ghani, which triggered the sudden collapse of his government and the unexpectedly sudden takeover of Kabul by the Taliban. Even they did not see this coming. ...

This is one of the great truths of politics, one that political actors exploit for advantage or ignore at their peril. Suppose that there is a moral norm against littering in your neighborhood.  You support the norm even when it is not convenient for you to do so.  When someone litters, you could be upset simply because littering is harmful (the pure utilitarian attitude), or you could be upset that they are getting an unfair advantage by breaking...

July personal income and spending return to normalcy. Normalcy is good How well personal income and spending held up throughout the pandemic is one of the best things about the government response. That has continued to be the case as of this morning’s report for July. Real personal income (blue) increased 0.7%, and is 4.2% above where it was in February 2020. Real personal spending (red) decreased -0.1%, but is still 2.7% above its...

Physician signing bonuses reach $240,000, ASCs promote long term ROI (beckersasc.com) While the median physician signing bonus was $29,656, physicians on the high end of the spectrum were offered $240,000 or more. While signing bonuses at the high end of the spectrum were around $140,000 more than they were in 2019-20, they were down from the 2015-16 high of $350,000. Hospitals often are able to provide large signing bonuses, while physicians...