Libertarian economist Donald Boudreaux began a recent blog post with a quote about the dangers of government censorship, and then offered up this comment: “Rogan deserves applause for airing ideas about Covid and vaccines that challenge the official “Science.”” Government censorship is dangerous, but this doesn’t mean Rogan should be applauded for credulously (or deliberately) passing on misinformation to his large audience. Most people...
Read More »Are Workers Winning or Is Business?
“Labour v capital in the post-lockdown economy,” The Economist. As prices and wages rise, are workers or firms winning? Pulling a brief article from The Economist. Unlike 2008, Labor is surviving due to stimulus packages in 2020/2021, which petered out in 2008 leaving low wages and restrictive Unemployment Benefits. “An economy-wide measure of corporate margins is rising fast. Dario Perkins of TS Lombard, a financial-services firm, breaks...
Read More »Anopinion 3
Reading the first few paragraphs of Last War Brain by Noah Smith, I thought I would strongly disagree with his post and decided to write an attempted rebutal. I find that I agree almost 100% and can mainly complain about what I assert is a bit of bait and switch. As always I advise readers to just click the link. Noah is a much better writer than I am (low bar) so my effort to summarize and explain might best be skipped (skip to ***) Noah argues...
Read More »Trying To Make Sense Of The Confusion
Trying To Make Sense Of The Confusion On the one hand Russian media is telling Russians that Russian troops will leave Belarus when exercises there end on Feb., 20, coinciding with the end of the Winter Olympics, and also sends out videos of troops supposedly being pulled back. OTOH, US officials declared based on reported satellite evidence that 7,000 more troops have gone to “the Ukrainian border” with a chance of Russia invading Ukraine very...
Read More »Why is CMS Overpaying Medicare Advantage Plans?
Introduction I am fortunate to have made the acquaintance of Kip Sullivan from reading his articles and exchanging notes over the last couple of years. He is one of the more knowledgeable authorities on Single Payer as well as healthcare costs and price, commercial healthcare insurance, Traditional versus Advantage Medicare, and why today’s healthcare is not working efficiently. For example, commercial insurance administration costs are an...
Read More »An Environmental Mismatch Between Discourse, Actions, and Investments
This is a follow-on to Dan’s commentary on living on the East Coast or in the Southwest region of the country. I live in an area of the Southwest which is not experiencing the harsher impact of climate change. Even so, the higher temperatures create a drier atmosphere, thirsty for moisture, which it draws from a region’s soil, rivers, lakes and the snowpack. This atmospheric demand, called a vapor pressure deficit (“VPD” for short), has reached...
Read More »Who votes versus who decides in the Democratic party
Democratic voters comprise a multiracial but predominantly white group of college graduates and a larger group of non-college voters. The non-college share of the Democratic coalition is split about 50:50 between white (of which non-college whites are such a large share of the American population that they accounted for fully one-third of Joe Biden’s voters, despite voting overwhelmingly for Trump) and non-white individuals. It is overall much less liberal on a range of issues, especially...
Read More »Global Oil Shortage 440,000 barrels, OPEC Falls Short 743,000 barrels
RJS, Focus on Fracking; Global oil shortage at 440,000 barrels per day in January as OPEC’s output falls 749,000 barrels per day short; 2021’s oil shortage revised to 1.5 million barrels per day OPEC’s January Oil Market Report Thursday of the past week saw the release of OPEC’s February Oil Market Report, which includes details on OPEC & global oil data for January, and hence it gives us a picture of the global oil supply & demand...
Read More »Weekend News Events – Casual Reading
I always tour the sites to catch the news about what is happening in the world today. You should have access to these articles if interested. The blockade by truckers is here, SCOTUS, truckers and supply chain, Seniors, etc. An occasional opinion expressed. Have a good rest of the weekend. “About those right wing [tr]uckers,” Digby, Hullabaloo Features Brian Beutler’s Big Tent , “The Northern Blights” “You’ve no doubt heard by now about...
Read More »The Russian invasion of Ukraine
Things Getting Very Worrisome Yes, signs regarding a possible Russian invasion of Ukraine have gotten much worse in the last few days. I am hearing from my wife that Russian media are now claiming there are lots of US troops in Ukraine. Such a claim, not even backed up by some fake video, would clearly serve as an excuse for an invasion. There are also reports out of the Russian media that Putin feels that he was not treated well in Beijing....
Read More »