By Lambert Strether of Corrente Bird Song of the Day Common Loon, Redstone Lake, Ontario, Canada. “A few calls and some splashes; quiet background of good quality alarm calls.” * * * Readers, I hadn’t planned on a Water Cooler...
1. Charles Fain Lehman on marijuana legalization in NYC. 2. New Zealand YIMBY on the move. 3. Facts and speculations about Jackie Chan. 4. Federal judge temporarily blocks rule banning noncompete contracts. And what the FTC maybe should have done, but...
Today in History: July 4, Declaration of Independence adopted in Philadelphia AP. Commentary: https://www.youtube.com/watch?v=_yR2y_eZe4g 70 songs for your Fourth of July playlist: Patriotic tunes from Lee Greenwood, Bruce Springsteen and more FOX. Not on the list (lyrics): https://www.youtube.com/watch?v=o67l2039A14 Lambert here:...
The author is Tom Wilkinson, and the subtitle is Notgeld in the Image Economy of the German Inflation, 1914-1923. Notgeld, or emergency money, typically was privately issued to make up for the deficiencies of government money during that period. It...
Yves here. This post highlights the fact that Germany’s apparent improvement in its green transition is not quite what is seems. Even though the proportion of total energy consumption provided by renewable sources has increased, it appears that that improvement...
Yves here. This is not pretty, to put it mildly. This is not Steve Bannon speaking. The Project 2025 chief is the head of the Heritage Foundation, which once was a respectable if hard core conservative organization. A right wing...
When people feel bad and act badly, if only in rhetoric, they make others around them worse as well. That is a simple account of negative contagion of mood. There is positive contagion too, but it is harder to pull...
Monthly GDP up two months in a row. Final sales in May up, but not offsetting completely decline in April. Here’s a picture of key indicators followed by the NBER BCDC, plus monthly GDP from SPGMI (formerly IHS-Markit, and Macroeconomic...
Then instead of 135224 thousand private employment in April, it would be 135509 thousand. Figure 1: Private nonfarm payroll employment from BLS (blue), and from ADP (tan), in logs 2023M03=0. Source: BLS, ADP via FRED, and author’s calculations. ...
Readers, this post is a pantry clearout mostly for the Covid material I had to blow past during The Late Debate Unpleasantness. There’s a good deal of it, since I just kept postibg until I decided to stop, but maybe...
