Remember Headlines 2 Weeks Ago, Labor Market “Suddenly” Weakens as Unemployment Claims “Spike”: It Just Got Unwound
A wee unpacking of unemployment data to show how Fed rate cut cheerleaders are still ahead of themselves
Read more...Category Archives: Dubious statistics
Gresham’s Law Comes for Science
Science publication has become so corrupted that entire journals have been shut down over running fake research. How did we get here?
Read more...Satyajit Das: The Rich Are Different!
A discussion of how the rich got to be that way and why their justifications for their advantaged status don’t stand up to much scrutiny.
Read more...An Iowa Farm County Seeks Answers Amid Cancer Rates 50% Higher than National Average
More evidence on cancer clusters in the Corn Belt, and the difficulty of rallying official interest and help.
Read more...Why the IEA is Wrong About Peak Oil Demand
Why peak oil, like Godot, keeps not arriving.
Read more...Oh Deary, Where Did My Rate Cuts Go? Fed’s Wait-and-See Now Entrenched? And Suddenly Lots of Talk About “Rate Hikes”
What Fed chair Powell said about rate hikes, no rate cuts, rate cuts, and the QT slowdown while getting rid of MBS entirely
Read more...Standard Chartered Says Peak Oil Demand Is Not Imminent
The much predicted peak oil is running behind schedule, to the detriment of the planet.
Read more...On the Difficulty of Research in the Biomedical Sciences and Scientific Medicine
Why medical research is hard, and often path-dependent, which may not always be a good thing.
Read more...How Biden Can Win on the Economy: Stop Mass Layoffs
Why has Biden failed to add a clause to Federal contracts to protect workers from mass layoffs?
Read more...Yellen and Biden Administration Incompetence: Bullying and Entitlement, Rather Than Making a Case, Here Regarding China Overproduction
Yellen made a complete hash of the question of Chinese overcapacity, a real problem unlikely to sort itself out nicely.
Read more...Tilting at Windmills: Bernanke and Blanchard’s Obsession with the Wage-Price Spiral
The obsession of big-name economists with defending a bad model has consequences, here, a policy aim of whacking wages.
Read more...Europe’s New Fiscal Rules Harm Working People and Women, Boost Right-Wing Radicals
New EU fiscal rules, touted as creating and economic growth, actually embody a dangerous agenda to shred social safety nets.
Read more...China’s Local Government Financing Vehicles (LGFVs): Ponzi Finance on Steroids
How China’s local government financing vehicles (LGFVs) became China’s most complex economic challenge.
Read more...Prolegomena to an Understanding of the Replication Crisis in Science
Taking stock of the state of science’s replication crisis on the 20 year anniversary of JPA Ioannidis’ seminal article.
Read more...The Truth About China’s Economy: Debunking Western Media Myths
The second of a two-part discussion on whither China’s economy, emphasizing where the Western press and pundits are off base.
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