Global Economy’s Momentous Shift and Monumental Inequality
An in-depth yet lively debunking by Richard Wolff and Michael Hudson of Panglossian depictions of the state of the US economy and society.
Read more...Category Archives: Dubious statistics
Odds of US Bank Failures Rise with Office Space Loan Losses, Fed Interest Rate Mismanagement
US bank pain: Loans for urban office buildings come a cropper as they were already suffering other interest rate losses.
Read more...From the Great Divergence to South-South Divergence
A discussion of the need to replace the Great Divergence framework illustrates how economists often cling to outdated ideas.
Read more...Is China’s Economy Collapsing? Economic War! Michael Hudson & Richard D. Wolff
A wide-ranging talk, using Western bashing of China’s economy as a point of departure.
Read more...Texas v. Pfizer Alleges Extensive Misrepresentations About Covid Vaccine Efficacy, Censorship of Critics
The State of Texas sent a major shot across Pfizer’s bow via a suit alleging widespread misrepresentaitons about Covid vaccine effectiveness
Read more...Do Masks Work During the Pandemic? Scientists Say “Yes.” Secondary Reviews of Clinical Trials Say “No.” So, Which Is It?
Four authors with top statistical chops, including Yaneer Bar-Yam and Nassim Nicholas Taleb, stomp all over the anti-mask Cochrane Report.
Read more...“Should CalPERS Fire Everyone and Just Buy Some ETFs?”
Another well-substantiated critique of CalPERS’ investment performance.
Read more...Why Biden Is in Trouble About the Economy
Why skeptics are correct to doubt the Biden Administration claims touting how well the economy had done under its stewardship.
Read more...Could It Be the Fed’s Mega-QE Created So Much Liquidity That Tightening Doesn’t Work until this Excess Gets Burned Up?
Financial Conditions loosen further: credit markets blow off the Fed to make sure “higher for longer” gets entrenched? That would be funny.
Read more...Ukraine’s Desperate Search for War Funding Hits Local Budgets
Ukraine’s local authorities are undes serious budget stress despite government assurances of support
Read more...FDA Confirms IM Doc Concerns About Pharmacies Pushing Covid Boosters + Other Vaccines in Same Visit
Flu vaccine upselling as yet another chapter in medicine, American-style.
Read more...Deaths of Despair Afflict More Cohorts Than Case-Deaton Originally Found
Deaths of despair turn out to be more widespread than thought earlier. Yet lack of interest in this collective tragedy persists.
Read more...Book Review: How Our Roads Have Become an Invasive Species
In “Crossings,” Ben Goldfarb explores the science of road ecology, or how roadways affect plants and animal life.
Read more...Acceleration of Inflation Continues, Core Services Inflation Spikes Despite the Massive Health-Insurance Adjustment
A year of health-insurance adjustments pushed down core CPI and core services CPI; inflation adjustments swing the other way next month.
Read more...September Producer Prices Confirm Tailwind of Falling Commodity Prices Has Ended
The commodity price break, which worked its way down to consumers, is ending. What next?
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