Category Archives: Dubious statistics

Hubert Horan: Can Uber Ever Deliver? Part Thirty-Five: What Drove Uber’s Recent $8 Billion P&L Improvement?

How did Uber achieved a $8 billion P&L improvement after losing $33 billion in its first 13 years? Misleading accounting plays a big role.

Can Europe Resist Concessions to Russia in Trump’s Ukraine Agreement?

An uber neocon contends that Europe has found substitutes for Russian energy and so can and will increase sanctions on Russia.

The Recent Weakness in the German Manufacturing Sector

A look at the fallen state of German manufacturing seems to understate the implications of the conditions it describes.

After We Amplified Warnings of Wildly Overvalued Unicorns, They Crash and Burn

‘Going Against Trump Policies Is Not Fraud’: White House Panned Over Absurd Defense of DOGE

Administration efforts to defend DOGE confirm that spending cuts are ideological, and not value-neutral ‘efficiency’ or cost reduction

Trump’s Shock Doctrine: Uncertainty and the Repudiation of Contracts

How Trump’s economic revolution and the uncertainty it is creating are already wreaking havoc.

Mr. Treasury Market Tells Fed It Is Even More Worried About Inflation

The Fed vigorously backpedaled on further cuts, pivoting to wait-and-see, due to long-term rates signaling inflation concerns.

KLG: “If the Overhead Cuts to NIH and NSF Grants Go Through Without Changes, Academic Biomedical and Other Research in the US Will Crumble into Dust”

Why the Musk attack on NIH and NSF funding formulas will eviscerate US medical research.

ICE Faking News: Games Search Engines to Make Mass Deportations Appear Way More Massive Than They Are

Mass deportation raids have barely started, yet ICE is faking their prevalence! What gives?

Artificial Intelligence and Financial Stability

On the high odds of winding up with the Peter Principle of AI implementation in financial institutions, and what to do to prevent that.

Kelp Farming Isn’t As Green As It Seems

Why kelp, hyped as a carbon sink, does not live up to its promise.

Higher Impact of Inflation on Lower Income Households Means US Poverty Is Understated

A new study confirms many reports: inflation in the US markedly degraded the position of middle class households, pushing some into poverty

The Bogus Justification for AI Uptake and the Real Reason for the Scam

AI, in a significant majority of cases, reduces productivity. And there’s not much reason to expect better any time soon.

Tariffs Are Coming: How Trade Dynamics Will Shape Aggregate Demand and Inflation

Consumers may not suffer from more inflation per official data if Trump imposes tariffs. But that does not mean they won’t be worse off.

Knowing Less About AI Makes People More Open to Having It in Their Lives – New Research

A study on receptivity to AI use sadly skips over some fundamental questions.