Anti-ostrich
When it comes to Covid-19, lots of people have their heads in the sand.Sam Bowman directed me to a good site for debunking all those idiotic Covid denialist claims, such as the supposed Danish study...
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There are no offensive jokes
Here’s a joke: You say Trump was doing fine until Covid came along? That’s like saying “Other than that, Mrs. Lincoln, how did you enjoy the play?” OK, that’s a very lame and unfunny joke. But then...
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Nick Rowe channels Robin Hanson (and John Cochrane)
This is a great idea (he’s discussing government debt): There is some risk that the government could change the way it computes NGDP. But there is also risk that the government changes the way it...
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As we approach the Covid endgame
Right after the election, I speculated on the prospect of a bad interregnum. I’d say a coup attempt by a sitting president and a horrific increase in Covid deaths counts as bad: But now we can see the...
View ArticleWhite Tiger bleg
I just saw “The White Tiger” on Netflix. As a film, it’s quality middlebrow entertainment, roughly comparable to Slumdog Millionaire. On the other hand, it’s a big step down from Parasite (which has a...
View ArticleWho does the GOP choose to expel?
Consider the following two women:Cindy McCain, wife of John McCain. She voted for Biden out of disgust for Trump. (Note that in 2016, 4 of the 5 living GOP presidential candidates also refused to vote...
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Market monetarism on the march?
Back in the old days, Fed officials like Jeremy Stein suggested that there was a trade-off between growth and stability. While low interest rates promote growth, it might come at the cost of financial...
View ArticleEmbarrassed to update your beliefs?
A rational person should not cling to previous beliefs for emotional reasons. They should welcome losing an argument, as that would mean they gained new information. On the other hand, there might be...
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Chesterton’s Fence and stock prices
John Cochrane has a new post with the following headline: Gamestop. 1999 déjà vu all over again? In context, Cochrane seems to be referring to the tech stock “bubble” of 1999, a year when the NASDAQ...
View ArticleBurma is a banana republic
The military in Burma is using baseless allegations of election fraud to overturn the results of a democratic election that did not go their way: Myanmar military television said Monday that the...
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