12 months in Overview, 2024: Lying and Financial Incompetence, Equal Components

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I assumed I used to be getting just a little jaded, however the likes of Heritage Basis’s EJ Antoni, the WisGOP, and Steve Kopits reaffirmed my religion in how a lot work stays.

January:

WIsconsin GOP argues Wisconsin was in recession, utilizing a 2 quarter rule (which is not relevant with revised knowledge):

WisGOP Can’t Rely

For the gazilionth time, there’s a cause we don’t declare recessions on the idea of GDP.

Determine 1: Wisconsin GDP, newest classic (blue), and as of January 2024 (tan), each in bn.Ch.2017$ SAAR. Search: BEA.

 

February:

Zerohedge makes use of a very particular definition of ex ante actual rates of interest.

ZeroHedge Goes Adaptive Expectations

March:

Suppose earlier than reporting startling numbers!

Math Is Arduous!

April:

The reality in black and white:

Finest Proposed Modification *Ever*

Could:

I can’t perceive how some individuals can have a look at a graph, and “can’t see” the apparent.

“You have to look pretty hard to find the “trade war” effect in the data”

Bonus: Finest graphic

Maury Obstfeld: “Trump’s plans for the Fed and the dollar are a one-way ticket back to the inflationary chaos of the 1970s.”

 

June:

Grocery worth assessments from someone who’s most likely by no means gone grocery buying.

“Food costs doubled, tripled, quadrupled…”

July:

What the heck is “QCES”? And, take note of the footnotes – is the sequence seasonally adjusted or not.

https://econbrowser.com/archives/2024/07/maciver-institute-the-real-wisconsin-economy

 

August:

Nativism goes to economics as practiced by Heritage:

The Nice Alternative “Theory” * Involves Economics at Heritage

September:

My first encounter with Oren Cass’s writing on commerce…

“It’s almost as if you have no economics training at all…”

October:

Prepared for the Journal of Irreproducible Outcomes.

Recession since 2022? A Magic Asterisk-Thriller Meat-Particular Sauce Strategy to Nationwide Revenue Accounting

Sequel:

Revised Paper: No, We Haven’t Been in a Recession since 2022

November:

I’m satisfied!

Central Financial institution of Russia Telegram Account: “Everything will be fine.”

 

December:

One other installment in X-FIles – stats version:

DiMartino Sales space: “We know many government statisticians are very left leaning in nature…”

 

Wanting ahead to 2025, and Heritage, ZeroHedge, and extra examples of unhealthy evaluation to make use of as case research in my stats class.

 

 

 

 

 

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