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And the King of Coincident Indicators rolls over

And the King of Coincident Indicators rolls over  – by New Deal democrat This morning’s second big – and big negative – report was for industrial production, the King of Coincident Indicators (I call it so because historically, it more often than not marks the exact month +/-1 that a recession begins or ends). In December industrial production declined -0.7%, and manufacturing production declined -1.3%. Even worse, both were revised down by...

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Kaiser Permanente Commits LIbel

I received an e-mail from Kaiser Permanente with a link to click. I clicked the link and learned that Kaiser Permanente (KP) has libeled me. Below see a definite assertion of fact. KP definitely asserts that I have ignored my legal obligations (the required DPT vaccination — I will not present proof on this point here — might as well admit it). KP’s accusation is false. KP did not perform due or any diligence. I assert that KP’s conduct is a...

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Econometric testing

from Lars Syll Debating econometrics and its shortcomings yours truly often gets the response from econometricians that “ok, maybe econometrics isn’t perfect, but you have to admit that it is a great technique for empirical testing of economic hypotheses.” But is econometrics — really — such a great testing instrument? Econometrics is supposed to be able to test economic theories. But to serve as a testing device you have to make many assumptions, many of which themselves cannot be tested...

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India aims to become key semiconductor supplier for world — [Communications Minister Ashwini] Vaishnaw

"Our university system that produces a large number of talent is also helping a lot as we have tied up with many universities to prepare right talent," he said.Asked about the government's own investment plans, he said the government itself is putting in USD 10 billion and it has chalked out a long haul programme....Business Standard (India)India aims to become key semiconductor supplier for world: [Communications Minister Ashwini] Vaishnaw

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