Wisconsin Employment Rises Against Voters’ Opinion
From DWD today: Figure 1: Wisconsin nonfarm payroll employment (dark blue), first Philadelphia Fed benchmark series (pink), Wisconsin May Economic Outlook forecast (gray), all in […]
Month: July 2024
SAP’s security holes raise questions about the urgency of AI
“As AI infrastructure becomes the foundation of many business environments, the consequences of these attacks are becoming more and more serious. The AI training process […]
Jonathan Lipow is a Fair-Minded Progressive
At its core, the Wakes are building a movement that is weakening the Left and rendering it impotent in the face of its true theocracy […]
Competition
back in 2022, the best model in the world was text-davinci-003. it was much, much worse than this new model. it costs 100x more. That’s […]
Vote Trump for Low GDP, High Unemployment
From Wells Fargo today, using the Oxford Economics macro model, it simulates the effects of Trump’s trade policies (as stated so far). Addendum to yesterday’s […]
Contradictory views on the Administrative or Whimsical State
There are credible theories, bolstered by public choice analysis of bureaucracy, that bureaucracy is economically inefficient and politically dangerous—”politically dangerous” meaning the danger of growing […]
Installment Loan Amount
An installment loan is a flexible and affordable form of credit that can be repaid at a fixed time with scheduled payments. These loans are […]
GDP forecast: CBO over WSJ
WSJ July forecast related to CBO, IMF WEO update, and GDPNow from yesterday: Figure 1: GDP as reported (bold black), WSJ July survey mean (tan), […]
Deontic Realism, Agents, and Hayek
If you read the additional information I link to the diligence I expect and need, dear reader (tongue firmly in cheek here!), you will have […]
How Big Pharma Eats in Poor Countries – and Patients Pay the Price
Yves here. Students in the US often hear stories of Big Pharma’s price hikes, especially for drugs that are important for treating serious conditions. Patients […]