Category Archives: Dubious statistics

Today’s Doctored CPI Inflation Release Is Like a Bad Joke, but Very Serious

Unpacking the data crime in the new inflation report: a bizarre fall in housing costs, aka Owners Equivalent of Rent, which is 26% of CPI.

AI’s Errors May Be Impossible to Eliminate – What That Means for Its Use in Health Care

Even with concerns about using AI in medicine, proponents contend doctors can properly oversee its use. Is that realistic?

U.S. Seizes Oil Tanker Off Venezuelan Coast

Some updates on the US capture of an oil tanker that had just departed from Venezuela.

The U.S. Is Betting the Economy on ‘Scaling’ AI: Where Is the Intelligence When One Needs It?

A detailed discussion of how AI data-center investment boom is soking a societally and financially costly bubble

Steve Keen Warns Crash of 2026 Will Be Worse Than 2008

Steve Keen was one of the few economists to predict the 2008 crisis. His call for a 2026 crash looks all too credible.

How Wage Increases Became the Fed’s Red Line

How the Fed’s use of wages as a key inflation measure started as a war on labor and continues to operate that way.

Trump Goes Full Biden, Insists No Inflation, Affordability a Con as Strained Consumers Know Better and Trump’s Polls Sink Further

Trump’s failing about, now on inflation and affordability, is becoming more desperate.

Internet of Beings: The Dream of Digitising Human Bodies for Healthcare (and the Nightmare)

The logical conclusion of the intensive health monitoring fad: an internet of beings of continuous tracking and daily intervention.

Heavy Metals Contamination Fears Go Mainstream with Infant Formula and Protein Powders

Heavy metals are a legitimate food safety concern. That has created a mini-industry of conflicted measurement and certification players.

‘The Main Course Is Inflation’: Thanksgiving Costs Surge Under Trump

A much needed, detailed debunking of Trump’s claim that Thanksgiving meal costs, and by implicaiton inflation, are declining.

Sanders Denounces Trump-GOP Healthcare Proposal as ‘Absurd’—and Deadly

How Trump’s new healthcare gimmick would lead to more medical bankruptcies, more unaffordable care, and more Americans dying unnecessarily.

Yet More AI Bubble Worries, Now on Debt Side, with Wall Street Journal Featuring AI Datacenter Borrowing “Frenzy”

Peeling back another layer of the AI onion, today on datacenter financing.

More and More Young People Disengaged from Work and Social Contact

Unemployment among young graduates has hit a sustained high level in many countries, which will produce further social and economic harm.

Has Ed Zitron Found the Fatal Flaw with OpenAI and Its Flagship ChatGPT?

The Financial Times has re-reported cautious but devastating-looking findings by Ed Zitron on OpenAI’s inference costs and truthfulness.

Another Shutdown Cost: Skewed and Limited Private Data as Economic Hazard

Due to the shutdown, official economic data has slowed to a crawl. Policymakers, markets, and citizens are turning to private-sector numbers.