Category Archives: Dubious statistics

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.

Quelle Surprise! High Fee “Alternative Investments” Produce Serious “Negative Alpha” as in Underperformance as Managers Get Rich

In his latest paper, investment expert Richard Ennis continues showing how alternative investments destroy value.

FDA Tries to Pretend It Didn’t Oppose Ivermectin Use for Covid

The FDA attempts to distance itself from its earlier hostility to Ivermectin as a Covid remedy, but too many people have good memories.

Hubert Horan: Can Uber Ever Deliver? Part Thirty-Three: Uber Isn’t Really Profitable Yet But is Getting Closer; The Antitrust Case Against Uber

Hubert Horan takes another hard look at Uber financials and finds much not to like.

The NIH Ices a Research Project on “Health Communication”. Is It Self-Censorship?

What sure looks like an NIH study to improve the medical establishment’s propaganda skills had died a well-deserved death.

Science Versus Scientism in Real Life: Where Do We Go from Here?

An engaging discussion of science-adjacent scintism, including Theranos. glysophate, Golden Rice, and rewilding.

The Bizarre and Widely Disparaged Fitch Downgrade of US Government Debt to AA+

The financial press and Mr. Market shrugged off the Fitch downgrade of US government debt from AAA to AA+. Why?

Central Banks and Income Distribution: Does the Taylor Rule Push Up Rentier Incomes?

An explanation of how a favorite Fed rate setting tool, the Taylor Rule, promotes inequality by shifting income away from workers.

Revealed: Fossil Fuel Giants Are Using British Influencers to go Viral

Some badly-needed naming and shaming of soi-disant influencers who ran undisclosed advertorials for dirty energy companies

‘Time for Congress to Act’: Sanders, Scott Unveil $17 Federal Minimum Wage Bill

Another push for a minimum wage boost. The gap between the $17 target and the current level of $7.25 an hour is a yawning chasm.

James Galbraith: How Central Bank Myths and Practices Support Financiers and Dollar Hegemony

Sadly, some bank-serving fables are very durable, so James Galbraith has (yet another) go at them.

The United States’ Financial Quandary: ZIRP’s Only Exit Path Is a Crash

Michael Hudson takes a long, hard look at the origins and costs of the Fed’s ZIRP policy.

It’s Hard for Americans to Engage in China-Bashing Without Tripping on Contradictions

There are no doubt good reasons for Americans to be concerned about China, but our official justificaitons don’t stand up to scrutiny.

The Candidacy and Claims of RFK Jr.

Economist Rajiv Sethi has a look at RFK, Jr.’s election prospects and thinks mainstream experts are underestimating him.

The New York Times Thinks Worker Suffering Is a Fair Price for Lower Inflation

Per the Times, inflation must be tackled, and the only way to do so is through lowering incomes and potentially jacking up unemployment.