The boldness of this particular Senator in publicly attacking a person, an American citizen is astonishing. Briefly, the Arab American Institute is a non-profit membership organization that advocates for the interests of Arab-Americans. Founded in 1985 by James Zogby, the brother of pollster John Zogby, the organization is based in Washington, D.C. The organization seeks to increase the visibility of Arab-American involvement and candidates in...

SLATE legal experts Dahlia Lithwick and Joseph Stern picked up on a NYT article written about how Chief Justice John Roberts is not the court’s centrist. I am not sure exactly when Roberts came out of the centrist closet. In any case. Angry Bears Beverly Mann (2014) exposed Roberts as being the one waiting on more conservative justices to join the court. Of course, the majority court occurred during the Trump administration. I will not name names;...

SLATE legal experts Dahlia Lithwick and Joseph Stern picked up on a NYT article written about how Chief Justice John Roberts is not the court’s centrist. I am not sure exactly when Roberts came out of the centrist closet. In any case. Angry Bears Beverly Mann (2014) exposed Roberts as being the one waiting on more conservative justices to join the court. Of course, the majority court occurred during the Trump administration. I will not name names;...

Inequality continues to grow all over the world — so don’t even for a second think that this is only a US problem! In case you think that it’s different in yours truly’s own country — Sweden — you should take a look at some recent data from Statistics Sweden The Gini coefficient is a measure of inequality (where a higher number signifies greater inequality) and for Sweden, we have this for the income distribution: . What we see happen in the US and Sweden is deeply...

This post was written because of a tweet by David Andalfatto, who wondered why medieval and early modern Europe, a society that built cathedrals, did not show any per capita growth. Per capita growth is an average, and when the rich get richer, it can increase even when the number of poor and destitute increases. The question is: was something like this the case in the time of the cathedrals? I won’t give a definite answer. But I will go beyond ´real´ GDP per capita (ultimately a...

Aside from maybe a short term blip higher, things won’t turn out the way investors expect. 

Lawler: Early Read on Existing Home Sales in August, Calculated Risk From housing economist Tom Lawler: Early Read on Existing Home Sales in August Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 3.88 million in August, down 1.8% from July’s preliminary pace...

Lawler: Early Read on Existing Home Sales in August, Calculated Risk From housing economist Tom Lawler: Early Read on Existing Home Sales in August Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 3.88 million in August, down 1.8% from July’s preliminary pace...

Politico-Financial Complex Exposed.

And now, some good news: industrial and manufacturing production rebounded strongly in August  – by New Deal democrat In the past, industrial production has been the King of Coincident Indicators, since its peaks and troughs tended to coincide almost exactly with the onset and endings of recessions. That weighting has faded somewhat since the accession of China to the world trading system in 1999 an the wholesale flight of US manufacturing to...