Ugly inflation in services drives up the 3-month “core CPI” for 7th month, to 4.5% annualized, worst in a year.
Thursday, April 25, 2024
US Cities Struggling With Office Vacancies: St. Louis in Doom Loop, New York Eyeing Residential Conversions
Two snapshots of the impact of hollowed out office buildings on American cities and how they are trying to cope.
Nate Silver: Sotomayor Should Retire Before the Election
Why Sotomayor should, erm, take one for the team!
2:00PM Water Cooler 4/10/2024
~ Today’s Water Cooler: Politics, pandemics, two helpers, 1000 Boeing 787s could have potentially “catastrophic” manufacturing flaws, Civilization (the game) ~
Do We Really Need a Global Commission on Modern Slavery?
Theresa May’s [anti] modern slavery project serves as a point of departure for considering policy options.
On the Difficulty of Research in the Biomedical Sciences and Scientific Medicine
Why medical research is hard, and often path-dependent, which may not always be a good thing.
How Biden Can Win on the Economy: Stop Mass Layoffs
Why has Biden failed to add a clause to Federal contracts to protect workers from mass layoffs?
U.S.’s New Hopes in Iraq Are Dashed as It Signs Longest Ever Gas Deal With Iran
The US suffers yet another setback v. Iran.
2:00PM Water Cooler 4/9/2024
~ Todays’ Water Cooler: Politics, pandemics, Bragg’s theory of the case, East Palestine settlement, anger ~
Yellen and Biden Administration Incompetence: Bullying and Entitlement, Rather Than Making a Case, Here Regarding China Overproduction
Yellen made a complete hash of the question of Chinese overcapacity, a real problem unlikely to sort itself out nicely.
Diplomatic Blowback Begins in Latin America, As Ecuador Violates One of the Oldest Rules of International Law
As if by clockwork, diplomatic tensions intensify in Latin America as the US tries to reestablish its strategic stranglehold over the region.
Tilting at Windmills: Bernanke and Blanchard’s Obsession with the Wage-Price Spiral
The obsession of big-name economists with defending a bad model has consequences, here, a policy aim of whacking wages.
Real Energy Transition Costs Could Spell Danger for EU
The EU is belatedly confronting the costs of their much-touted energy transition. Pols and voters are balking at the bill.
