Yves here. Medea Benjamin and Nicholas Davies provide an important service by chronicling some key belligerent actions of the Trump and Biden-Harris administrations and why both are sure to continue and extend US war-mongering. However, anti-war advocates too often seem...
Employment for October and monthly GDP for September, in the set of variables followed by the NBER’s BCDC: Figure 1: Nonfarm Payroll (NFP) employment from CES (blue), implied NFP from preliminary benchmark (bold blue), civilian employment (orange), industrial production (red), personal...
By Lambert Strether of Corrente. Readers will recall my view that the distinctive competence of the modern political party is control over the ballot: Who gets listed on it, how and when it gets cast (and who gets to cast...
NFP +12K vs. consensus +106K, private NFP -28K vs. +90K; but wage growth (0.4% vs. 0.3% m/m) and average weekly hours both above (34.3 vs. 34.2). Figure 1: CES Nonfarm payroll employment (bold black), adjusted to add 41K for strikes...
By Lambert Strether of Corrente. Yes, I will do an Election Eve live blog. Enjoy your weekend. –lambert Bird Song of the Day Common Nightingale, Santpoort, Noord-Holland, Netherlands’ * * * In Case You Might Miss… Friday’s RCP polling: Bad...
Reversion, seen over the past month. Why? Unclear given small movements in swing state polls. I would expect these odds to match, pretty closely, but they don’t. Liquidity? Polymarket way off (segmented from US participants?). RealClearPolitics average doesn’t include PredictIt...
Lambert here: Rule #1. Now do the entire medical system. Also, they buried the lead: Many dental clinics that offer implants have consolidated into chains owned by private equity firms that have bought out much of implant dentistry. By Brett...
This year, like last year, only two countries voted against lifting the blockade: the US and Israel. But Argentina was meant to stand shoulder-to-shoulder with them. Once again, the United Nations General Assembly has overwhelmingly voted to condemn the US’...
About Lambert Strether Readers, I have had a correspondent characterize my views as realistic cynical. Let me briefly explain them. I believe in universal programs that provide concrete material benefits, especially to the working class. Medicare for All is the...
Yves here. In this post, Lynn Parramore interviews historian Lord Robert Skidelsky over his concerns over the long-term, societal impact of AI. Skidelsky is particularly concerned with degradation of human capabilities and even initiative and creativity. Memorization skills have declined...
