COVID Prevention and Cost-Benefit Analysis

Douglas Allen of Simon Fraser University has a working paper that builds on “Life-Years Lost: The Quantity and the Quality,” one of my blog posts from last year. Most of his paper critiques other researchers’ cost-benefit analyses of COVID policy, but Allen spends a whole […]

Epicurious’s Beef with Beef

Last week, the cooking website Epicurious announced via Twitter that they are “cutting out beef…this isn’t a vendetta against cows or people who eat them. It’s a shift about sustainability; not anti-beef but pro-planet.” The standout response from someone (and I’m guessing here) who likes […]

California State Government Will Lose Big from Capital Gains Tax Increase

President Biden has proposed raising the top federal tax rate on long-term capital gains from its current level of 20 percent to 39.6 percent. The rate would apply to people with income of $1 million a year or more. There are many good reasons to […]

A crazy idea: Tell the truth

Whenever I have advocated a different Covid vaccine policy, people tell me that there was a risk that my ideas would lead to a loss of confidence among the public. This never made sense to me. Wouldn’t the public have more confidence in authorities if […]

Despite or Because of?

The unemployment [rate] was expected to fall to 5.8% and the economy was predicted to add 978,000 jobs, but that didn’t happen despite mass vaccinations and government stimulus…. not by a long shot. So writes Matt Margolis in “Biden Bust: Unemployment Rate Up, Numbers ‘Way […]

Meanings of Liberty: A Contested Concept

It was my singular good fortune to serve as the editor for the April 2021 Liberty Matters forum, “Meanings of Liberty: Aron, Constant, Berlin.” What is liberty, and what does it mean (to each of these thinkers)? This, in essence, is the question that April […]

StockWatch: IBM’s Chip Breakthrough

IBM​ said it has made a significant breakthrough in its computer​ processors​ by creating a 2-nanometre chip. The test chip can reportedly improve performance by 45% and could quadruple phone battery life. So, will there now be a chip war? As we have seen for […]

Which Commodities are Set for a Bull Run and Why?

Even a casual look at the quarterly reports that have been coming out during the latest earnings season shows that inflation is looming. Many companies report that they are seeing increasing prices from their suppliers, and are actively hedging against inflation. It’s pretty much fact […]

SPX500 Cycle Trend To Complete Near 4643.1

The SPX500 index seems to be forming a large impulse V of a cycle degree. At the time of writing, the impulse V has completed the primary sub-waves ①-②-③-④. From November 2020 to the present day, the price is rising within the primary fifth wave. […]

Intraday Market Analysis – US Dollar Fails to Find Support

USDCHF tanks to new lows The US dollar falls as higher continuing jobless claims point to volatility in the labour market. The bearish MA cross from the daily chart is a reminder of the US dollar’s weakness across the board. The latest consolidation has ended […]