Memorial Day . . . I am sure everyone is out cooking burgers and hot dogs except in the desert where the temperature is triple digit. And what is this old Marine Sergeant gonna do? Certainly not get out in the heat. I will drink a beer to honor the friends I lost and in the silence of my home. No parades, no John Wayne movies, just silence and thinking of the times I drank a beer with them. Robert Reich has an interesting commentary up about...
Read More »Questioning the University Investments Feeding the Endowments. The Returns are Weak
Excellent piece by one of CEPR’s Domestic Program Interns . . . Alex Richwine. That name rings a bell with me. I am sure you will find this piece to be an excellent report detailing university investment returns. Quite apropos . . . give todays circumstances. ~~~~~~~~ University Endowment Returns Don’t Measure Up by Alex Richwine and Dean Baker CEPR Of the many demands made by student protestors in recent weeks, the demand to divest...
Read More »Brave new world of scientific publication?
My dissertation research was published in 1983 in a two-author paper in the Journal of Biological Chemistry. JBC is the house journal of the American Society of Biochemistry and Molecular Biology. After your referees and the editor approved, the manuscript was published with the payment of “page charges,” to cover the journal costs since it didn’t take advertising. JBC is a stolid publication; it has a reputation for rigor, if not excitement.In my 40+...
Read More »Another Wildly Stupid Idea, Skip the Measles Vaccination
It is hard to believe that people would risk their lives or their children’s lives by not getting the measles vaccine. It was bad when we were growing up in the fifties. I am sure Joel can add to this information. A worldwide crisis only because we let it become one through ignorance. Measles Is Preventable. How Did the World End Up Back Here? by Ava Easton MedPage Today I remember being very sick when I had measles as a child. I was...
Read More »BP Softens tone on 2030 oil output cut to reassure investors
by Ron Bousso Reuters A brief on what BP is doing. My guess is they are going to cut output to drive the market. It could be that other oil companies could fill the gap or move with BP. However, they prefer trump in office so making Biden look bad is a realistic plan for them. Their attorneys are already writtening the executive orders. Speaking to Reuters on Tuesday after BP announced $2.7 billion in first quarter profits, CEO Auchincloss...
Read More »Schools in One Virginia County to Reinstate Confederate Names
Schools in One Virginia County to Reinstate Confederate Names, The New York Times, Kareem Abdul-Jabbar substack SUMMARY: After a meeting that lasted for hours, the Shenandoah County school board voted early Friday morning to restore the names of three Confederate officers to schools in the district. With the vote, the district appears to be the first in the country to return Confederate names to schools that had removed them after the summer...
Read More »Mother’s Day actually started in the 1870s
by Professor Heather Cox-Richarson Letters from an American If you google the history of Mother’s Day, the internet will tell you that Mother’s Day began in 1908 when Anna Jarvis decided to honor her mother. But “Mothers’ Day”—with the apostrophe not in the singular spot, but in the plural—actually started in the 1870s, when the sheer enormity of the death caused by the Civil War and the Franco-Prussian War convinced writer and reformer Julia...
Read More »Trends in Electric Cars a Global EV Outlook 2024
A while back, I exchanged emails with the International Energy Agency. My goal was to find out what I could present, what I could not present, and also gain permission to utilize their charts and detail. They said yes. The detail here is on EVs in general and what countries are doing the most. As you may expect, China is ahead of the curve. I would say the US is still trying to get it right. I need to look a bit deeper into these reports as there...
Read More »Supreme Court watchers mollified themselves (and others) with vague promises
Dahlia Lithwick and Joseph Stern as taken from Slate Good read as one can see how the SCOTUS 5 or 6 are twisting the logic of Constitution first and portraying the president into something more reasonable. Military swears first to the Constitution. This is a very strange read for myself. Others may not find it so strange and such is open to discussion. ~~~~~~~~ Mollified themselves with vague promises of when the rubber hit the road,...
Read More »Looking at historical “mid cycle indicators” – what do they say now?
– by New Deal democrat The Bonddad Blog About 10 years ago, I went looking for what I called “mid cycle indicators.” In other words, I wanted to go beyond leading or lagging indicators to find at least a few that tend to peak somewhere near the middle of an expansion. That synapse was jangled when I read the title of a recent update by financial analyst Cam Hui, “Relax, it’s just a mid-cycle expansion.” Since I hadn’t looked at the...
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