Some Non-Covid Links

George Will reflects eloquently and wisely on the experience of turning 80. A slice: In 1941, life expectancy at birth in the United States was 64.8 (today, 77.8), only 6.8 percent of the population was over 65 (today, 16 percent), penicillin was on the horizon […]

MiB: Michael Lewis on Pandemic Planning

  This week, we speak with Michael Lewis, the poet laureate of finance. We discuss his latest book, The Premonition, A Pandemic Story. He is the author of Undoing Project, Moneyball, Flashboys, Big Short, and so many others. We discuss how the United States […]

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 […]

Some Covid Links

Wall Street Journal columnist Jason Riley asks “When is the Republican Party going to declare war on teachers unions?” A slice: The move is long overdue, and the pandemic offers Republicans the perfect opportunity to explain to voters how the unions’ ironclad control over public […]

10 Weekend Reads

The weekend is here! Pour yourself a mug of Bella Finca dark roast coffee, grab a seat in the massage chair, and get ready for our longer form weekend reads: • The Untold Story of How Jeff Bezos Beat the Tabloids When a gossip rag […]

Quotation of the Day…

… is from page 136 of Vol. II (“The Mirage of Social Justice” [1976]) of F.A. Hayek’s great work, Law, Legislation, and Liberty (footnote deleted): The possibility of men living together in peace and to their mutual advantage without having to agree on common concrete […]

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 […]

Succinct Summation of Week’s Events 5.7.21

Succinct Summations for the week ending May 7th, 2021 Positives: 1. Weak Jobs data supportive of more fiscal stimulus.2. Jobless claims fell 92k w/o/w from 590k to 498k.3, Non-farm productivity rose 5.4% in Q1, above expectations.4. PMI Manufacturing came in at 60.5 for April, above […]

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 […]