California Compendium
Featured
This is a compedium of what I’ve written about California over the years. Continue Reading →
Census Bureau Backs Down
Economics Twitter erupted. Ben Casselman, Jason Furman, and Alex Mas led the criticism. And today the Census Bureau backed down. Continue Reading →
Iowahawk on Student Loan Debt
Iowahawk (David Burge, @iowahawkblog) has some thoughts on student loan debt. While I don’t agree with all of them, it’s worth a read. Continue Reading →
Dave Burge on the Voronoi Tessellation
Today’s goodie is for both my readers who chide me for not including enough math. David Burge on the Voronoi Tessellation. Continue Reading →
Inflation’s Big Driver: Transportation
Part 3 of my series about inflation. Here I’m concerned with inflation’s big driver: transportation. Let’s look at its components. Continue Reading →
The Real Money Supply
Did real money supply growth remain stable recently? Did it decrease during the 1979-1982 period? Data says both answers are no. Continue Reading →
Will There Be a Wine Shortage in 2021?
My guess: the global price elasticity for wine is -0.7. If 2021 output falls by 4.6%, the global price should rise by 6.5%. No wine shortage. Continue Reading →
Inflation Update
As more of the Biden administration’s team and agenda are made public, inflation expectations increased steadily. Bonus: what you can do. Continue Reading →
If It Can’t Go On Forever, It Will Stop
if an activity can’t go on forever, it must eventually stop. Consider the rising U.S. government debt. If it can’t go on forever it will stop. Continue Reading →
COVID and Kids
The data on COVID and kids suggest spending more on protecting kids from accidents, homicides, and suicides. Masking is worse than useless. Continue Reading →
Is This a Good Time to Buy U.S. Stocks?
Nick Maggiulli (@dollarsanddata) says, “It depends.” On what, you ask? The answer depends on whether McDonald’s is now selling the McRib. Continue Reading →