Thanksgiving

 400 years ago, a group of intrepid migrants signed the Mayflower Compact IN THE NAME OF GOD, AMEN. We, whose names are underwritten, the Lo...

Vaccines and externalities

 A lovely point from the always creative Tyler Cowen Say, for the purposes of argument, that you had 20,000 vaccine doses to distribute. The...

OCC fights de-banking. Fed moves to climate.

Part 1: The OCC The OCC issued a refreshing rule proposal , covered in a nice WSJ oped  by Brian Brooks and Charles Calomiris. It is as inte...

Stanford Condemns Atlas

On Friday Nov. 20, as reported in the official Stanford News , the Stanford Faculty Senate formally condemned Scott Atlas, Hoover Senior Fel...

A Neo-Fisherian Challenge and Reconciliation

 Lars Svensson has a very interesting challenge to the Neo-Fisherian view. (See link for slides.)  What happens to inflation and unemployme...

Budish Covid-19 update

Eric Budish has an update to his excellent Covid-19 paper. Eric has a few deep central insights about pandemic management, which necessaril...

Campus news

Three bits of news illustrate the state of things in US academia.  1. UC and Prop 16 A proposition was placed before the citizens of Califor...

Cell phone covid test?

"Artificial intelligence model detects asymptomatic Covid-19 infections through cellphone-recorded coughs" reports MIT News.  Well...

Debt still matters

Debt still matters   is an essay on debt at the Chicago Booth Review. It is a cleaned up and edited version of previous blog posts here and...

In praise of slow democracy

Steve Landsburg wrote a excellent short WSJ oped   adding one more good reason for our apparently cumbersome electoral practices:  Imagine ...

1933 lessons for today

Nov 11, Eric Leeper presented " Recovery of 1933 " with Margaret  Jacobson and  Bruce Preston, at the Hoover " Road Ahead for...

Virus over? Not quite

The news of a vaccine seems to be sparking an its-all-over sigh of relief. Not so fast.  Interesting and challenging corona virus policy rem...

Covid cycles

Theory: (From An SIR model with behavior ) Fact: (from Scott Gottlieb via  Marginal Revolution ) I do not mean to toot my horn, as many othe...

Biden vs. Harris preview

I had a long drive Saturday evening which allowed me to listen to the Harris and Biden speeches. Two lines summed up where we may be heading...