Yves here. I do not even remotely understand the very strong message here of “optimism good, pessimism generally bad”. It has been repeatedly documented that pessimists are much better at accurately estimating the likelihood of bad events occurring than optimists....
I’m taking the WSJ’s word for it, from the article “Russia’s War Economy Shows New Cracks After the Ruble Plunges”. The Russian economy, surprisingly resilient through two-plus years of war and sanctions, has suddenly begun to show serious strains. The...
GDP, GDO, GDP+: Figure 1: GDP (blue), GDO (tan), GDP+ (green), all in bn.Ch.2017$ SAAR. GDP+ scaled to equal GDP at 2019Q4. Source: BEA, Philadelphia Fed, author’s calculations. Note that none of these series evidences two consecutive quarters of negative...
By Lambert Strether of Corrente. Readers, I hope you all had an excellent Thanksgivng and are looking forward to the weekend to come! –lambert Bird Song of the Day Northern Mockingbird, Jamaica Bay Wildlife Refuge–West Pond. Queens, New York, United...
A comparison between CPI, chained CPI, PCE price index, and HICP deflation: Figure 1: Average hourly earnings, CPI deflated (blue), chained CPI deflated (green), PCE price index – market based deflated (tan), and HICP deflated (red), all in 2019$. Chained...
The end of this post displays an e-mail I received while on the phone with Amazon trying to get a refund completed. As will become apparent, it is hard to see how I could have received this message ex an...
“It is a question of having access to all the services of the State without having a computer, smartphone or tablet.” As the world becomes steadily digitised, it is getting harder and harder to do even the simplest of things...
Footprints in Kenya ‘show distant relatives of modern humans coexisted’ Guardian (Kevin W) The Mayflower passengers who arrived in Plymouth November 11, 1620vs.The Mayflower passengers who survived to Thanksgiving 1621, less than one year later. pic.twitter.com/wxc5y3nkll — The Redheaded libertarian...
Here is the link. The post Germany chart of the day appeared first on Marginal REVOLUTION. Source link...
Snow Leopard review – enigmatic tale of man v beast is late Tibetan film-maker’s final word Guardian Realtor.com Reports Active Inventory Up 26.5% YoY Calculated Risk Thanksgiving Day Comedy interlude: https://www.youtube.com/watch?v=P3T0TXfBSW4 Northern lights may be faintly visible across parts of...
