CNBC Chasing Headlines and Clicks
Since 2007 CNBC has published their ranking of states for doing business. Stay tuned for a tale of CNBC chasing headlines and clicks. Continue Reading →
Category Archives: Media Stupidity
Media Innumeracy at the New York Times
Interestingly, that gap shrinks reliably as voting increases. In other words, the higher the youth voting rate, the closer the youth rate is likely to be to the overall rate. Continue Reading →
Two Plus Two Equals Five
If two plus two equals five, the bridge will fall down. Or the experiment may blow up in your face. This applies to many fields of study. Continue Reading →
Wall Street Journal Discovers Long-Time Business Practice, Thinks It’s New
This has been done ever since intellectual property was legally protected. There are ways for small companies to protect their intellectual property. Continue Reading →
Robert Reich Offers Definitive Proof That He Is Not An Economist
Yet the humanitarian Robert Reich thinks Mr. Bezos is evil. There’s one person in this story that matches that description. It’s not Mr. Bezos. Continue Reading →
Three dead in national park system accidents as shutdown wears on
Three dead in national park system accidents as shutdown wears on[!!] That was the screaming headline in the Washington Post January 5, 2019. Continue Reading →
Nicole Kaeding Tells You Why Your Tax Refund is Smaller Than Usual This Year
Screaming headlines have appeared all over the mainstream media. Here’s the Washington Post: A quick search on the Post website includes two articles from Bloomberg: Nicole Kaeding is Director of Continue Reading →
No, Most U.S. Gun Owners Don’t Stockpile 17 Or More Guns
Newsweek recently published an article titled: ‘Was Stephen Paddock Normal? Many Gun Owners Keep 17 Firearms on Average.’ It’s based on a study that is all wrong. Article in The Continue Reading →
Consumer Reports on Student Loan Debt
But those who pile up $100,000 in student loan debt to get a degree in interpretive dance deserve no sympathy. Continue Reading →
Is Algebra Necessary?
Let’s see. Let x be the number of digital rentals and y be the number of sales. We know x + y = 2,000,000. We also know $6x + $15y = $15,000,000. Any student in my economics principles class who could not solve this would not pass the course. But, for the edification of Times reporters, here’s the solution. Continue Reading →