Nassim Nicholas Taleb explains why people should be wearing masks. And yes, he provides a model.
Sunday, September 14, 2025
Private Equity Clearly Inferior to Public Equity: Delivers Similar Returns With Lower Liquidity
More evidence that private equity underperforms on a risk-adjusted basis.
Dicamba Drift: Trump EPA Defies 9th Circuit Ruling
EPA issues cancellation order to attempt to overrrule Ninth Circuit dicamba opinion; plaintiffs’ lawyers file emergency motion.
Unsung Heroines: Who Cares for the Carers?
Even before COVID-19, the world was facing a care crisis, a problem that is only worsening.
The Cost of Staying Open: Voluntary Social Distancing and Lockdowns in the US
Yves here. As various analyses have shown, in many places, governments implemented lockdowns after citizens had started restricting their activities to avoid contracting Covid-19. It’s useful to see economists address the question of what the cost of doing nothing or very little would have been. By Adam Brzezinski, DPhil (PhD) candidate in Economics, University of […]
Initial Jobless Claims Decline Further, But Continuing Claims Fail To Make Meaningful Progress
Wellie, the latest jobless claims data wan’t horrific, merely very bad
2:00PM Water Cooler 6/12/2020
NY and CA cross on COVID chart ~ Biden slips cogs ~ Stacey Abrams waits by the phone ~ Trump rallly registration includes COVID disclaimer ~ GDP collapse animated, imports, rail ~ Protests everywhere on cross-country drive ~ Defunding the police ~ 90-year-old gamer ~ MMT ~ Quarantine reading
Police State Watch: Amnesty Targets Tear Gas
Amnesty International has yesterday launched a resource on global misuse of tear gas, in the US and elsewhere:
Food Security: UN Warns People Are Vulnerable to Shortages as the COVID-19 Pandemic Continues
United Nations warns about food security, particularly for the world’s poorest, as the COVID-19 recession overwhelms the globe.
‘Speaking of Looting…’: Trump Admin. Refuses to Disclose Corporate Recipients of $500 Billion in Coronavirus Bailout Funds
The CARES Act enabled unprecedented, unaccountable corporate looting when passed. The Trump administration follows through on that promise.
Coronavirus Consequences: Evictions Expected to Spike
As the coronavirus pandemic moves towards its US endgame, evictions will spike – as will its financial consequences for debtors.
2:00PM Water Cooler 6/11/2020
~ Today’s Water Cooler ~
