Yves here. Net zero is still an insufficient objective to prevent Seriously Bad climate outcomes. Even so, governments look set to fail to meet even these targets. The posture towards AI tells all: if we were serious about protecting the...
Here is the link. The post Be there or be square! appeared first on Marginal REVOLUTION. Source link...
From PredictIt, 4:30pm ET: Republican/Democratic win probabilities back to where they were the day before the debate. Source: Predict, accessed 7/24/2024, 4:30pm ET. Just to confirm that these are not anomalous, here are the RealClearPolitics betting averages: Source: RCP, accessed...
Michael Lucas comments on July 1st, painting a grim picture of Wisconsin employment. For comparison, here are some other aggregate numbers, including the Philadelphia Fed’s coincident index, released today. Figure 1: Wisconsin Nonfarm Payroll Employment (dark blue), Philadelphia Fed early benchmark...
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By Lambert Strether of Corrente Readers, I had to study both on campaign finance law and the Twenty Fifth Amendment so some details are missing. More soon! –lambert Bird Song of the Day Northern Mockingbird, 138 Captains Dr, West Babylon,...
From CBO report released yesterday. The budget deficit would’ve been larger in the absence of the surge: Figure 1: Baseline Federal budget balance to GDP ratio (blue) and counterfactual without immigration surge (tan), both by fiscal year. 2023 observation is...
Yves here. This post illustrates a pet theme of ours: how in complex systems, trying to map a simple path through them often makes things worse. A big reason why is that the parties trying to hack their way through...
Yves here. It’s encouraging to see Lina Kahn at the FTC launch a new front in investigating corporate abuse of market power, here of using profiles of consumer behavior to engage in price discrimination. Note that the FTC seems to...
The media and even some members of Congress have been cataloguing how private equity fund managers have been systematically targeting key segments of the healthcare industry. The results include price hikes, degraded service quality and increased risks to patients. Two...
