Debunking Bernanke’s pet excuse for the global financial crisis, the savings glut hypothesis, which of course exculpates the Fed.
Saturday, September 13, 2025
CalPERS Preliminary Returns Inconsistent with Other CalPERS Data; CalPERS Refuses to ‘Splain Even Though It Ought to be Easy
CalPERS has yet to clear up an anomaly in its reported preliminary returns.
Re-Localizing Industry, One Thing at a Time
Even Covid-19 can have a silver lining: industry supply chain breakage and relocalization initiatives are bringing some manufacturing back to the US.
2:00PM Water Cooler 8/11/2020
Today’s Water Cooler
Trump EPA Poised to Weaken Obama Methane Rule, Despite Possibility of Later CRA Overturn
Trump EPA to weaken Obama methane rule, acceding to fossial fuel pressure, despite the Congressional Review Act, which may kick in aft Nov.
The TPP Is Dead! Long Live the TPP!
Beware! The TPP is still skulking around, rebranded as the CPTPP. As Lambert says, “Kill it with fire”.
Covid-19 Shortages Continue and Could Get Worse
Covid-19 still stalks the land and winter is coming.
Racial Disparity in COVID-19 Deaths: Seeking Economic Roots in Census Data
The higher rate of black deaths to Covid-19 appears due to higher infection rates. That suggests that work and living conditions put them much more at risk.
2:00PM Water Cooler 8/10/2020
Today’s Water Cooler
America’s Obesity Epidemic Threatens Effectiveness of Any COVID Vaccine
Politicians and the public rest their hopes on emergence of a safe and effective COVID-19 vaccine. Will it work on the obese?
Hubert Horan: Can Uber Ever Deliver? Part Twenty-Three: Uber’s Already Hopelessly Unprofitable Economics Take A Major Coronavirus Hit
The press is still refusing to depict Uber accurately, as a rotting corpse.
CalPERS Digs Its Ben Meng Defenestration Hole Deeper: Claims Knowledge of Abuse Months Ago; Notice for Emergency Closed Session Legally Invalid Unless CEO Frost’s Job Is on the Line
CalPERS is bizarrely unable to control its bad impulses.
COVID-19 Survivors Face Lifetime of Disability
Funny how other countries are willing to acknowledge that Covid-19 can do very bad things without killing you, and not the US.
