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Ekonomiquiz
För de som gillar att testa sina ekonomikunskaper — varför inte testa det här ekonomiquizet på Malmö universitet?
Read More »New and improved initial claims! Now including comparison to Sahm Rule
New and improved initial claims! Now including comparison to Sahm Rule – by New Deal democrat I’m making an important addition to my weekly blurb on jobless claims this week: I’m showing how it compares with and leads the Sahm Rule. Just in case you’re not familiar with the Sahm Rule, it is a rule of thumb started by economist Claudia Sahm, stating that the economy is in a recession when the 3 month average of the unemployment rate rises...
Read More »Debt Ceiling Agreement better than House Bill, Harmful Provisions still Remain
There are many things which could be cut in the present Debt Ceiling bill which alleviate the unnecessary need to cut assistance to those who need it. Food assistance for very low-income older adults is not one of them. A million or so of older adults aged 50-54 will or are now at risk of losing food assistance, including a large number of women. Some of our legislators are in drastic need of the same physical labor to which many the fifty-something...
Read More »Student loan payments
-$16B per month net fiscal flow starting Aug 1st… more regressive fiscal policy on top of regressive interest rate policy… Brandon’s economic polls should take another hit…Student loan repayments are about to start again on August 1st, after 3 years of being able to skip without penalty.40 million people paying an average ~$393 per month each will be pulled from the economy in discretionary spending.Should be interesting to see how this plays… pic.twitter.com/MLYSX72IC6— Wall Street Silver...
Read More »CPI
June ‘22 CPI was 296 on a impulse increase due to Brandon’s Russia sanctions… if we can get a May flat M/M then YoY is 296 to 303… 7/296 = 2.4% which is back to normal…Will this effect the Art degree morons thinking on their figure of speech “inflation!” ?Who knows with these deranged people…
Read More »Value-based payment has produced little value. It needs a time-out
Kip Sullivan sent this article to me a while back and it was posted. I am starting to see more activity on Value-based-care as an alternative to Fee For Service. The question arises as to how does one measure value received from the care under this regime. It is difficult to measure the value and what value found can not justify value-based care. A quick introduction to the topic of this article. Hence a repost of this article and one other...
Read More »Behind the model
But if we have independent reasons to believe that there is more going on in the phenomena under investigation than a mathematical model can suggest – that is, that the phenomena in question are not in fact mechanical in the required sense – then mathematical modeling will prove misleading … Moreover, as will be discussed, the empirical assessment of such models using econometric methods will not be sufficient to reveal that mismatch. These problems cannot themselves be...
Read More »Critical race theory
Almost anyone can see what a reductive view this is of modern society, even without having read their Rousseau or Rawls. We must not be taken in by the fact that this is called “critical,” that it’s about race, and that it’s titled a “theory.” It is a fragile, performative ideology, one that goes beyond the passages above to explicitly reject linear reasoning, traditional legal theorizing, and even Enlightenment rationalism. We are to favor an idea that an oppressed race’s...
Read More »Sophistry or Shibboleth? – “Printing Money” — NeilW
Sorry to be late with this but I am still digging out from under the pile I accumulated while away.Short comment on the misinformed controversy swirling around the debt ceiling.New Wayland (28 May 2023)Sophistry or Shibboleth? - "Printing Money"NeilW
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