Tag Archives: Featured Stories

Seems that gas, fuel, gasoline is being used as a marker to understand just how horrible we have it as a result of the current inflation. It’s just sooooooooooo terrible. I’ll just say this. As a marker of inflation and our personal economic experience all it shows is how terrible we are at remembering. Unfortunately for us, such a bad memory leads us to terrible voting decisions. Though, it does allow for easy emotional manipulation of the citizenry...

The usual mix of articles on the internet. The important ones are healthcare and legal issues. The usual legal issues going on with trump who is flinging as much mud against the wall to confuse the issue of his attack on the US. Eventually, this will come to an end. Hopefully, there is an end where trump is prosecuted to the fullest extent he can be . . , jail. Jail, even if it is for one year. The other big issue I am seeing is commercial...

I’m ambivalent about this Ezra Klein piece: Trump’s efforts to stay in the news, however, are matched by Biden’s efforts to stay out of it. Biden gives startlingly few interviews and news conferences. He doesn’t go for attention-grabbing stunts or high-engagement tweets. I am not always certain if this is strategy or necessity: It’s not obvious to me that the Biden team trusts him to turn one-on-one conversations and news conferences to his...

Brett Crosby currently serves as Region IV Director for the U.S. Cattlemen’s Association, representing Utah, Wyoming, and Colorado. He taps into the current trends in the beef market from a producer side, and I couldn’t have said it any better than he has in his opinion piece in Northern Ag Network. Here’s Brett: A blog post published by the U.S. Chamber of Commerce on July 12, 2022, claimed that Congress is “rushing” to consider “aggressive...

“September consumer inflation: primarily a function of the fictitious “owners’ equivalent rent” plus new cars”  – by New Deal democrat Since last November I’ve been hammering the fact that the official CPI measure of housing inflation, “owners’ equivalent rent,” seriously lagged, as in by a year or more, actual house prices as measured by the most popular housing indexes. At the time I wrote that OER was only up 3.1% YoY and core inflation...

The point of this post is that I see an odd consensus about the conclusion based on opposite assumptions. The conclusion is the standard conclusion that US inflation is currently definitely too high and that it is necessary to reduce it even at the risk of a recession. First the US public considers current US inflation to be a very bad problem. It is easy to see why. Normal people use “inflation” to mean price inflation and assume given...

Six billion. I have written and rewritten the first line of this over and over and over again. Six billion. That is the amount of current US dollars American farmers have to come up with this year as fertilizer prices hit highs not seen since 2008, on top of higher prices last year. The difference is that in 2008 we had a financial meltdown, a run on energy markets, and global calamity. This year, we have supply crunches due to war, restrictions,...

Coronavirus dashboard for October 5: An autumn lull as COVID-19 evolves towards seasonal endemicity  – by New Deal democrat Back in August I highlighted some epidemiological work by Trevor Bedford about what endemic COVID is likely to look like, based on the rate of mutations and the period of time that previous infection makes a recovered person resistant to re-infection. Here’s his graph: He indicated that it “illustrate[s] a scenario...

Report From Moscow by Barkley Rosser  My wife, Marina, has returned from a two and a half week to Moscow to visit her 93 year old mother.  She almost got bumped from her Turkish Airlines flight out of Moscow through Istanbul, but her travel agent managed to get her back on.  Very glad she is back. Anyway, a few first hand current reports. Yes, in terms of living standards, in Moscow most things are operating and there are plenty of goods in...

Neofascist Giorgia Meloni will be the next Italian Prime minister. I feel I have to write about this being in Rome, but I am clueless as to how it happened (I wasn’t optimistic a year ago – I was expecting authoritarian xenophobe demagogue Matteo Salvini to be the next Italian prime minister — I guess the photo of him wearing a Vladimir Putin T-shirt when on Red Square might have cost him the authoritarian but not that authoritarian vote). A much...