Category Archives: Dubious statistics

Is it Really “Full Employment”? Margins for Expansion in the US Economy in the Middle of 2019

Many indicators say the US is close to full employment. Hours of work tell a different story.

Hong Kong’s Economy Is Still Important to the Mainland, at Least Financially

Correcting misinformation about Hong Kong’s status sometimes bandied about by critics of its protestors.

It Was More Like a Couple of Asian Decades Than a Century

China’s trend rates of growth are likely to be much lower than in the past, and even that is problematic. China will remain an important Asian player, not a dominant global force.

No, Productivity Does Not Explain Income

Why a widely-held view about productivity that is foundational to the claim that people are paid what they deserve does not hold up to scrutiny.

What Plunging Global Semiconductor Sales Says About Autos, IT & How the Economy Reacts to Uncertainties

Should you worry about the biggest fall in semiconductor sales since the Financial Crisis?

The Military-Industrial Jobs Scam

Military contractors have used the threat of US job cuts to extract more dough from American taxpayers….and then cut US jobs.

The Trump White House Is Upending Decades of Policy-Making Procedures

The Trump Administration really is making things up as it goes along.

Facebook: Mark Zuckerberg’s Fake Accounts Ponzi Scheme

Why Facebook may be a bigger fraud than Enron.

Martin Wolf v. Trumponomics Whiffs Due to Fealty to Orthodoxy

The Financial Times’ Martin Wolf has a go at Donald Trump, but manages to score an own goal as far as his profession is concerned.

The Myth of Expansionary Austerity

If you hold mainstream economic views, it was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.

Should We Tax Wealth?

Kicking the tires of a wealth tax.

Are Economists Blocking Progress on Climate Change?

As they so often do, by promoting unrealisitc models, economists have become part of problem rather than the solution.

What Is a ‘Climate Refugee’ and How Many Are There?

Climate-change-induced migration is significant and set to grow. But no one seems to have any answers, save perhaps the neoliberal default, “Die sooner”.

Boeing Sells 0 Planes on First Day of Paris Air Show v. 123 for Airbus, Yet Boeing Still Pushing for More Weakening of FAA Standards Via Greater Use of Computer Testing

Boeing seems determined to make its bad situation worse.