An Appointment I Disapprove Of While many of them could be more progressive, given that Biden himself is largely a moderate making moderate nods to the progressive wing of the Democratic Party in his appointments, I have largely been not too dissatisfied with appointments made so far by President-Elect Biden. My only surprise is that a bunch of people set their pants on fire over the appointment of Neera Tanden as OMB director while barely a...
Read More »Thoughts on the Invasion of the US Capitol
Thoughts on the Invasion of the US Capitol It’s all happening as I write, but here are a few reactions: 1. Fortunately we see Q-Anonics, Loud Boys and other right wing crazies invading the Capitol Building and not Black Lives Matter or the Left. Think how many lives would have been lost if it had been the other way around. 2. It will be interesting to see how deeply investigators will delve into the lax security preparations for today’s...
Read More »Merry Christmas Bears
“He who has not Christmas in his heart will never find it under a tree.” ―Roy L. Smith
Read More »Politics and Spending Bills In Congress
MacRumors: Apple’s New Privacy-Focused Tracking Prompt Begins Appearing for iOS 14 Users As a privacy measure for their customers, Apple will be requiring developers of iPhone and iPad “apps” to request permission from users to track their activity across other apps and websites for personalized advertising purposes starting early next year. iOS 14.4 should be publicly released in January or February. Facebook pulled out the usual canard; “They...
Read More »The 2004-2020 political red/blue shift:
The 2004-2020 political red/blue shift: the intersection of geography, the economy, and ethnic migration It’s a very slow, holiday-shortened economic week. We’ll get new home sales, plus personal income and spending Wednesday, and jobless claims as usual Thursday. In the meantime, here is something I found revealing. It’s a map, created by Nathan Jordan, a college student from Alabama (I think), showing the county-level change in Presidential...
Read More »Portfolio Capital Flows to Emerging Markets amid the Pandemic
by Joseph Joyce Portfolio Capital Flows to Emerging Markets amid the Pandemic Among the most notable economic responses to the COVID-19 pandemic has been the turnaround in capital flows to emerging markets. A sudden reversal in portfolio flows of over $100 billion to these countries in March has been offset by a surge of capital this fall. But many of these countries have accumulated debt burdens that will affect their ability to recover...
Read More »Portfolio Capital Flows to Emerging Markets amid the Pandemic
by Joseph Joyce Portfolio Capital Flows to Emerging Markets amid the Pandemic Among the most notable economic responses to the COVID-19 pandemic has been the turnaround in capital flows to emerging markets. A sudden reversal in portfolio flows of over $100 billion to these countries in March has been offset by a surge of capital this fall. But many of these countries have accumulated debt burdens that will affect their ability to recover from...
Read More »Liveblogging the FDA hearing on the Moderna Covid 19 vaccine
So Far the efficacy data has been presented. As reported in the press earlier, the vaccine is roughly 95% effective, that is roughly 95% of people who got Covid 19 during the trial were participants who received the placebo. Importantly, the null hypothesis that just one dose is just as good as two was not rejected. The test of this null had extremely low power as almost all participants received both doses, so basically this means cases less than...
Read More »The GOP has crossed the Rubicon
The GOP has crossed the Rubicon – by New Deal democrat In the Roman Republic, military leaders automatically lost their legal authority to command at the Rubicon River in northern Italy. When Julius Caesar crossed the Rubicon with his legions, it was an act of war against the Republic. With the filing of their Amicus brief in the Supreme Court this past week, the GOP as represented by their Congressional delegation similarly finally broke...
Read More »The Failure of the Public Health Establishment
Prof. Peter Dorman of Evergreen College writes at EconoSpeak and portrays Matt Yglesias’s retrospective on how the healthcare establishment failed the public when passing information on facemasks, hand-washing, distancing, etc., and how Covid is transmitted. The direct result of not following these practices or casting doubt upon them is an elevation of Covid cases which strains the capacity and logistics of healthcare facilities, the equipment...
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