Why New Covid “Super Strain” is a Game-Changer
Expert warns that without more robust abatement measures and testing, Covid could rage until mid-2022.
Read more...Category Archives: Dubious statistics
Best of Mankiw: Errors and Tangles in the World’s Best-Selling Economics Textbooks
Harvard’s Greg Mankiw is taken to task by Serious Economist Peter Bofinger for some major howlers in Mankiw’s textbooks.
Read more...A Hard Look at Rent and Rent Seeking with Michael Hudson & Pepe Escobar
An in-depth discussion of financial capitalism versus earlier models and the Chinese and Russian approach, with a focus on the role of rent.
Read more...Larry Summers’ Opposition to $2000 Covid Payments Confirms Our Classic: “Why Larry Summers Should Not Be Permitted to Run Anything More Important than a Dog Pound”
Larry Summers is at it again.
Read more...Explaining Fiscal Multipliers, a Stealthy but Important Budget Battleground (Part 1)
Fiscal multipliers, an economic concept often misused to justify austerity, is rearing its head in Beltway budget debates. Time to bone up.
Read more...A Tale of Two Elections: U.S. and Bolivia
US sanctimoniousness about the importance of elections respecting popular will does not apply outside our borders.
Read more...Covid, the Politicization of Science, and More Questions About the Pfizer Vaccine Approval
How political considerations are getting in the way of science-based policy, as in not unduly tainted by commerce, special interests, or fashion.
Read more...Do Billionaires Destroy Democracy and Capitalism?
The US can draw on its Gilded Age to bring its billionaires to heel.
Read more...Study of 50 Years of Tax Cuts For Rich Confirms ‘Trickle Down’ Theory Is an Absolute Sham
Another nail in the trickle down economics coffin. Too bad that vampire-like, it keeps coming back.
Read more...An Internal Medicine Doctor and His Peers Read the Pfizer Vaccine Study and See Red Flags [Updated]
The Pfizer vaccine study, hot off the presses in the New England Journal of Medicine, features troubling omissions and apparent obfuscation.
Read more...Authoritative Consultant Slams Private Equity in Journal Article: Cheap Index Funds and In House Buys Beat PE Funds
Yet another authoritative source slams private equity returns.
Read more...‘95% Effective’ May Not Mean What You Think It Means
A detailed discussion of the headline “95% effective” claim for the about-to-be-released Pfizer and Moderna Covid vaccines.
Read more...Jamie Galbraith: How Jason Furman and Lawrence Summers Reinforce a Destructive, Debunked Mainstream Paradigm to Support Deficit Spending
To defend deficits, Furman and Summers relied on debunked theories, thus preserving destructive mainstream economic ideas.
Read more...Business and Related Restrictions Appear to Curb COVID-19 Fatality Growth, But Some Do Not
An examination of particularly Covid-containment strategies in terms of cost versus effectiveness.
Read more...The Jobs Report is a Mess, December Will Be Messier
The Nov. 14 cut-off kept most of the Covid spike impact from the jobs data. And there’s underying decay due to globalization.
Read more...