Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. Share this:Like this:Like Loading...

To detail why this is so important, I turn to Doctor Barry J. Jacobs: “Caregivers, like marathon runners, must learn the lay of the land, find a sustainable pace and accept replenishment along their journey if they have any hope of gamely persevering from start to finish line. With this metaphor in mind, we can say that the family member who accepts this role blindly is akin to the misguided runner in Crocs and jeans with no clue about how far...

“Direct observational evidence supporting this estimate has been lacking. In this study, we show that the model estimate of water redistribution from aquifers to the oceans would result in a drift of Earth’s rotational pole, about 78.48 cm toward 64.16°E.” Drift of Earth’s Pole Confirms Groundwater Depletion as a Significant Contributor to Global Sea Level Rise 1993–2010 – Seo – 2023 – Geophysical Research Letters – Wiley Online Library Open...

I believe that I have caught a typographical error in the New York Times. The article is interesting, it alleges that Taylor Swift fans may decide the Argentinian presidential runoff (voting for the center left Sergio Massa and not for the right wing Javier Milie). A pop singer with actual measurable political influence (in a foreign country even) makes me think of the 70s as does Javier Milie’s hairstyle (longish, tousled, & with sideburns...

Hitting a wall...

New Deal democrat’s October Jobs report is again featured at Angry Bear. You can also pick-up the September 2023 Jobs Report from the link at the end of this report. This is the most complete monthly review on Unemployment Rate, average hourly earnings (minus management), which way job growth or decline is going, and a summary. NDd also writes at Seeking Alpha and does a Weekly Indicator Report there also. He has been writing at Angry Bear for a few...

Figure 1: Variation of the Technique with Markup in Agriculture This post is a continuation a of a previous example. I suppose this is the first example in post Sraffian price theory which combines intensive rent and markup pricing. I do not plan on trying to publish it, in a stand-alone article. D'Agata (1983) sets some coefficients to zero to simplify it for his purposes. I would like a range of parameters where I get reswitching or capital-reversing. I have found a case where, given the...

I agree with Lloyd’s dad Gabe and also Lloyd. Big trucks including construction vehicles exceed the speed limit. Their weight does not enable them to stop in short distances. The results of a collision with automobiles is catastrophic with people in cars being seriously injured or dying. The volumes being moved long distances are better served by rail to nearby land ports and off loaded to short haul trucks. This is what mostly occurs with loads...

In a previous post, I mentioned an effective way to curtail illegal immigration—require all employees to be screened through E-Verify—and some reasons why it won’t be adopted. Another disincentive to deterring illegal immigration is that it subsidizes Social Security and Medicare:“ . . . illegal immigrants as a group are net contributors who partially pay into the trust funds while receiving little in return, but amnesty would transform them into net...

Whoa!  October employment report… What about all the MMT free munnie interest income (to people who are already bazillionaires) from the higher rates somehow creating a Democrat regime economic nirvana?  Perhaps not? ?This and the initial 1.2% Q4 from the Atlanta Fed has this thesis not looking too good so far I’d say…U.S. hiring slowed to 150,000 jobs in October. The unemployment rate rose to 3.9% https://t.co/7dLb8rYpLg— Real Time Economics (@WSJecon) November 3, 2023