Dr. Keynes Was Right

It's the Distribution, Stupid
OCTOBER 7, 2012 1:19PM

When Good News Happens to Bad People

Back in February, there was "Lies, Damn Lies, and the BLS", which you can find in any of the various incarnations of this endeavor.  At the time, the numbers came out better than the pundits predicted.  It happened again this week (for September), but since it is the second but last… Read full post »

OCTOBER 7, 2012 12:28PM

Let's Get Physcal

A recurring theme in this endeavor has been that the Euro was doomed from the beginning, since it was wrapped in a straitjacket monetary policy with nothing more to show for the effort; at least The Emperor was merely naked.  And when The Great Recession arrived, it all went to hell… Read full post »

OCTOBER 5, 2012 1:27PM

Many Happy Returns

Today brings not one, but two, cautionary tales.  The reason for doing quants, either for anonymous blogging or mucho dinero, is to deal with issues which can only be answered with data, not policy.  I'm on record that policy trumps data every time, but with the proviso that the policy can… Read full post »

OCTOBER 2, 2012 12:33PM

The Life of Riley

Some have been asking about the "pension problem", which I've alluded to in recent posts.  I said I'd post about it, but that the topic was familiar.  And with good reason: I did so over a year ago.

Saves my fingers, a bit. Read full post »

OCTOBER 1, 2012 8:39AM

Death Sprial

They just won't listen.  Mainstream pundits, and capitalists alike, have decided "Weakening demand is forcing new and accelerated cost reductions at companies from Bank of America and Hewlett-Packard to Staples and Eastman KodakCo, dimming the outlook for an already struggling U.S. labor market.… Read full post »

SEPTEMBER 30, 2012 1:35PM

Confirmation Day, Part The First

If it's Sunday, then it's NYT Sunday Business and Sunday Review.  As a young Episcopalian, I had my Confirmation Day; now it's time to look into these two major sections in search of Mainstream Punditry confirming past musings.  We'll see if there's a posting here each week.  May be ye… Read full post »

SEPTEMBER 26, 2012 7:41PM

Money For Nuthin, The Picture

So, what's the data look like?  Among Real Quants, pie charts are viewed as stinky doo, whilst Suits love 'em.  Figures.  I'm not a big fan of them, not so surprisingly, but these data are simple enough, and the chart stark enough (whilst still being honest) that it can't be passed… Read full post »

SEPTEMBER 26, 2012 12:48PM

Money For Nuthin

With all the moaning about the "fairness" of capital gains taxation, it's about time that this endeavor took a look, don't you think?  There's both quant aspects and macro aspects.

On the quant side, is:  what numbers matter?  From the point of those who assert that capital gains is tot… Read full post »

SEPTEMBER 25, 2012 8:51AM

Are We There Yet?

(A post on Seeking Alpha, to which I had commented, came up with a stream of new comments.  I was moved to add another, which is included here for your amusement.  The subject was the future of smartphones, and Apple's place in that future with the 5 as exemplar.)

Given that the… Read full post »

SEPTEMBER 25, 2012 8:32AM

One FLEWWN Over the Cuckoo's Nest

After last nights Packers-Seahawks game, the truth about NFL/Goodell is plain as Palin:  they're just the WWE.  Probably always was, what with "parity" and government sponsored arenas.  Talk about welfare moochers?  Sports team owners, and these NFL are the worst, own almost no ph… Read full post »

SEPTEMBER 23, 2012 4:48PM

Listen to the Bald Headed Guy

As regular reader must have figured out by now, while I dearly love stats/quant, I've been skeptical of mathy staty economics/business ever since grad school when I was subjected to a bunch of flunked out math and physics Ph.D. re-purposed into assistant professors of economics.  This was the mi… Read full post »

SEPTEMBER 20, 2012 2:45PM

Like a Ton of Bricks

Somewhere in this canon (or the other one; way too lazy to go looking), I mused that the future of eTailing was retailing.  The reasoning is straightforward:  the cost of fuel, air and ground, will only rise.  We either run out of crude or we substantially reduce how much we use… Read full post »

SEPTEMBER 19, 2012 10:14PM

Another Brick in The Wall

We don't need no education...

The Left Wing, and a bit of the Right Wing (sort of), are playing the education tune as the panacea to the "middle class is dead" problem.  Alas, it can't work.  The flawed assumption is that our (global) economy can absorb millions of folks doing well paid… Read full post »

SEPTEMBER 13, 2012 4:42PM

A Globe Theatrical

Well, give a rousing USofA welcome to Elizabeth III, queen of all she surveys.  Will she raise the USofA out of its doldrums?  Not likely.  But it will be fun for the Wall Street crowd, being as how they live a Globe sort of life, trodding the boards and giving us… Read full post »

SEPTEMBER 10, 2012 7:10PM

Dee Feat is in Dee Flation, Part 22

And now for something completely different.  Football, not really surprisingly, is a leading indicator.


"We worry about deflation, Ben Bernanke worries about deflation, as it turns out, a lot NFL stadiums and NFL team owners are thinking deflation as well," [Nick Colas, chief market strategist… Read full post »
SEPTEMBER 10, 2012 1:34PM

If You Build It, They Will Come

"If you build it, they will come."  Thus heard Ray Kinsella in "Field of Dreams".  Well, not exactly; it was "he" not "they", although in the movie, it is the Black Sox players who show up, starting with Shoeless Joe Jackson.  And the quote with "they" is often used.  Not least… Read full post »

SEPTEMBER 3, 2012 12:15PM

It's Alive!!

My beloved Triage appears to be alive and well, but in stealth mode.  I've not actually had the pleasure of meeting it.  But the Times yesterday kind of let the cat out of the bag.  If this isn't a description of Triage driven campaign building, I'd be hard pressed to do… Read full post »

SEPTEMBER 1, 2012 7:33PM

Apple for the Teacher

A worthwhile addiction is BookTV, C-SPAN2 for the weekend.  There was a repeat of an interview with Diane Ravitch, from 2000, for her then current book, "Left Back: A Century of Battles over School Reform" (that's the subtitle today).  She went to Wellesley, and sounded sane, so off to Amaz… Read full post »

AUGUST 26, 2012 7:14PM

Goodbye Mr. Roboto

So, this whole robots thingee has led me to scavenge for data.  Still haven't found hard numbers with regard to labour hours per unit (automobile or other wise), although the Times article referred to in an earlier post has some speculative numbers for Philips.

I found this posting in my travels.… Read full post »

AUGUST 26, 2012 6:01PM

Body Snatchers

You have to watch this.  So creepy it's cool. Read full post »

AUGUST 26, 2012 1:54PM

You Want Fries With That?

"You want fries with that?"  We all have heard that as a putdown of someone who just screwed up.  Tom Friedman adopts the persona of the Right Wingnut, without the Nut.  I never bought his act, and today he steps in it, again.  Such utter nonsense.

Let's start with the basic premis… Read full post »

AUGUST 26, 2012 11:52AM

Money Makes the World Go Round

It's been a while since I've vented about the silliness of the DNC in turning down the Triage application; in particular the mapping part.  What to my wondering eyes did appear, but a US map half done in today's Times.  It's half done, since it displays the input, $$$, but doesn't… Read full post »

AUGUST 25, 2012 11:21AM

Blitzkrieg

Regular reader should recall musings in the recent past that Germany, and to a lesser extent France, are intent on punishing their victims in the Euro Crisis.  To wit, that these exporting dependent economies, the aforementioned Germans and French, dumped output onto their lesser compatriots in… Read full post »

AUGUST 23, 2012 3:15PM

Rocky 99

It sure seems like there've been 98 of the darn things.  So, on to 99.  With ggmap.  "What's that?" I hear from the cheap seats.  Welllll.

Last month, ggmap was released.  The author's web site is here and his presentation is here.  Since I'm still on the fence about Tria… Read full post »

AUGUST 22, 2012 10:49PM

Marginalized in Gaza

Just came across this piece, and someone in the interTubes who gets marginal cost based pricing:  "'Freemium is really a construct of the digital age because there's almost no marginal cost to digital goods,' said Chris Anderson, author of "Free: The Future of a Radical Price," and editor in chi… Read full post »