I thought I was getting a little jaded, but the likes of Heritage Foundation’s EJ Antoni, the WisGOP, and Steve Kopits reaffirmed my faith in how much work remains.
January:
WIsconsin GOP argues Wisconsin was in recession, using a 2 quarter rule (which is no longer applicable with revised data):
For the gazilionth time, there’s a reason we don’t declare recessions on the basis of GDP.
Figure 1: Wisconsin GDP, latest vintage (blue), and as of January 2024 (tan), both in bn.Ch.2017$ SAAR. Search: BEA.
February:
Zerohedge uses a very specific definition of ex ante real interest rates.
March:
Think before reporting startling numbers!
April:
The truth in black and white:
May:
I can’t understand how some people can look at a graph, and “can’t see” the obvious.
“You have to look pretty hard to find the “trade war” effect in the data”
Bonus: Best graphic
June:
Grocery price assessments from somebody who’s probably never gone grocery shopping.
July:
What the heck is “QCES”? And, pay attention to the footnotes – is the series seasonally adjusted or not.
https://econbrowser.com/archives/2024/07/maciver-institute-the-real-wisconsin-economy
August:
Nativism goes to economics as practiced by Heritage:
The Great Replacement “Theory” * Comes to Economics at Heritage
September:
My first encounter with Oren Cass’s writing on trade…
October:
Ready for the Journal of Irreproducible Results.
Sequel:
Revised Paper: No, We Haven’t Been in a Recession since 2022
November:
I’m convinced!
Central Bank of Russia Telegram Account: “Everything will be fine.”
December:
Another installment in X-FIles – stats edition:
DiMartino Booth: “We know many government statisticians are very left leaning in nature…”
Looking forward to 2025, and Heritage, ZeroHedge, and more examples of bad analysis to use as case studies in my stats class.
