The widespread use of diphtheria-tetanus-acellular pertussis (DTaP) vaccines, which protect against diphtheria, tetanus, and pertussis had driven whooping cough (pertussis) to the brink of extinction in the US.“The DTaP vaccine has been a cornerstone of childhood vaccination programs for decades, significantly reducing the incidence of diphtheria, tetanus, and pertussis. Pertussis, in particular, is a highly contagious bacterial infection that can...
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EPA Scientists Say They Were Pressured to Downplay Health Harms From Chemicals
Author Sharon Lerner at ProPublica featured at MedPage Today AB: Bit of a rewrite to shorten this up for readers at Angry Bear. Just when you think agencies and the management team will do the right thing, they do not. Lower echelon scientists to make public the issues with the findings that were not theirs and made public as theirs. A watchdog’ ‘s findings of health harms from chemicals was blocked and the finders of fact were retaliated...
Read More »John Deere Maintains Profits and Shareholder Value by Whacking Labor
Nothing new under the sun here. Maintaining profits has been a matter of fact for decades. It became more popular under Pres. Reagan. Deere Reports Strong Profits Amid Layoffs of Workers Across Iowa, Des Moines Register August 13, 2024 and Kevin Baskins at the Des Moines Register reports on the Deere & Company layoffs across the state of Iowa. Layoffs happen when the economy turns down, companies make mistakes, or when a new competitor...
Read More »What economics can learn from epidemiology
What economics can learn from epidemiology In mainstream economics nowadays there seems to be a broad consensus that one somehow can establish general truths about things by simply generalizing from lots of individual RCTs. But as is well-known among philosophers of science, this kind of inference, based on induction by simple enumeration, is highly flawed. And there are alternatives: The striking feature of paradigmatic epidemiology is that evidence comes...
Read More »Monday Message Board
Another Monday Message Board. 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 Loading...
Read More »EV fueling ports vs gas station nozzles
Kevin Drum has a post up about the present and future of EV charging stalls in the US. As of 2023, the number was 184,000, with public charging stalls outnumbering Tesla stalls 6:1. Is that a lot or a little? Well, lots of people say that they’re holding off buying EVs because of the range, which is still less than most ICE cars. One way to mitigate that concern is to have more charging stalls than gas station nozzles*. So how many gasoline...
Read More »Health Care Reform and the 2024 Elections
Health Care Reform and the 2024 U.S. Elections — Low Visibility, High Stakes. by Jonathan Oberlander, Ph.D. New England Journal of Medicine Exploring the what-ifs in healthcare and the ACA in an election year. What if Trump wins the presidency and Repubs control the House and the Senate. The author discusses the alternatives also. Abortion and reproductive health have emerged as a major focus in the 2024 U.S. presidential campaign....
Read More »Fannie and Freddie: Single Family Serious Delinquency Rate Ticked Up in August
by Bill McBride Calculated Risk Single-family serious delinquencies increased slightly in August, and multi-family serious delinquencies decreased slightly. Freddie Mac reported that the Single-Family serious delinquency rate in August was 0.52%, up from 0.51% June. Freddie’s rate is down year-over-year from 0.55% in August 2023. This is below the pre-pandemic lows. Freddie’s serious delinquency rate peaked in February 2010 at 4.20%...
Read More »Abbreviated Report on Income in the US for 2023
I only provided a portion of the report and the 6 figures (one through six). The full report on Income can be found here: Income in the United States: 2023, Gloria Guzman and Melissa Kollar. The economy was not as bad as the politicians and trump make it out to be, The numbers do not support their contention. Some stats: As reported, median household income in 2023 was higher than in 2022. Income inequality was not significantly different...
Read More »About r-g
if long-term interest rate r is less than the trend growth rate of GDP g Yesterday (technically very early today) I promised a post on why long-term Treasury interest rates are very important. In particular it is very important if the long-term interest rate r is less than the trend growth rate of GDP g. If r<g then the public sector intertemporal budget constraint is not binding. This means that public policy is not even Pareto efficient. In...
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