In the Footsteps of Ptolemy: The ‘Science of Monetary Policy’ and the Inflation of 2021-2023
The impenetrability of this continuously expanding Ptolemaic New Keynesian monetary paradigm is maddening.
Read more...Category Archives: Dubious statistics
Happy Talk About US Slowdown a Recession Warning as China Growth Also Weakening
Recession complacency means things are wobblier than they seem.
Read more...Response to Douthat on Two-Parent Families
Matt Bruenig responds to New York Times columnist Ross Douthat’s thoughts on his recent analysis of the flaws in the methodology used to argue that offspring benefit from married parents.
Read more...Deceit Pays Dividends: How CEO Lies Can Boost Stock Ratings and Fool Even Respected Financial Analysts
Reaching not-necessarily-sound conclusions from turning a supposed lie-detecting AI on CEO earnings calls and analyst ratings.
Read more...Doing the Marriage Thing Again
Even though bringing up kids with two parents is generally better than one, the analyses nvestigating the pro-marriage hypothesis are lousy.
Read more...‘This Is Our Defining Moment’: UAW Launches Historic Strikes Against Big Three Automakers
The once-feared UAW is flexing some muscle. Complaints about expenses are disingenuous v, the cost of stock manipulation, aka buybacks.
Read more...I Posed as a Private Jet Customer. This Is What I Was Told About Emissions
Private jet companies want us to believe in “guilt-free” and “carbon-neutral” flights despite their sky-high emissions
Read more...Further Thoughts on Sweden’s Pandemic Response
A Covid retrospective on Sweden indicates citizens to a large degreed ignored bad government advice.
Read more...Jobs Are Up, Wages Less So – and Lower Purchasing Power Could Still Lead the US into a Recession
Quelle surprise! Trends in wages indicate that the economy is less robust than the officialdom and financial press would have you believe.
Read more...How Economists Distorted Economic Theory to Help Big Companies Get Bigger
Economists had to play fast and loose with economic theory to deploy their merger “efficiency” arguments.
Read more...“Core Services” Inflation Jumps to 2nd Worst Since 1985, “Non-Housing Services” Are Red Hot. Fed’s Job Far from Done
Inflation in the US is still defying the Fed, confirming that the blunt instrument of interest rate increases is not the right tool.
Read more...KFF Health News Publishes Shameful, Self-Serving Story Advocating Unrealistic “Social Media” Approach to Bogus Insurer Denials Instead of Pushing for External Appeal
KFF Health News advocated feel-good but largely ineffective approaches to insurer denials, as opposed to effectiive reforms.
Read more...China Schizophrenia: Jake Sullivan Makes Demands, Press Fulminates Its Ambitions as While Overhyping Current Economic Wobbles
The West’s discomfort over China’s influence and economic stature is sometimes a bit too obvious.
Read more...Ann Pettifor Explains Why Neoclassical Economists Are the Last People To Listen to on Climate Change
A well-warranted takedown of the irresponsible and destructive record of mainstream economists on climate change.
Read more...Fed Ponders How Quickly to Try to Inflict More Pain on the Economy to Get Inflation to 2%
Debates inside and outside the Fed as to what it should do next about inflation pick up as its annual Jackson Hole conference approaches.
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