John Mitchinson explores the enduring relevance of the "little Christmas book" the author penned in 1843
Reading
• Mind the assumptions — assess uncertainty and sensitivity. • Mind the hubris — complexity can be the enemy of relevance. • Mind the framing — match purpose and context. • Mind the consequences — quantification may backfire. • Mind the unknowns — acknowledge ignorance. Andrea Saltelli, John Kay, Deborah Mayo, Philip B. Stark, et […]
The teaser trailer for next year’s Barbie movie is here – giving us a hint of the role of Ncuti Gatwa’s Ken The first teaser trailer for Greta Gerwing’s upcoming movie based on the most famous doll in the world is out. As a teaser it only hints at the action we can expect from […]
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It’s Wednesday and a few items caught my interest in the last few days. I have been besieged with requests to comment on the Bank of Japan’s announcement yesterday to widen the range in which it conducts yield curve control…
If you believe in Santa, do not read the following paper — sympathetically warn us Teea Palo, Katy Mason and Philip Roscoe at the beginning of “Performing a Myth to Make a Market: The Construction of the ‘Magical World’ of Santa”. In this interesting research, the authors follow the Santa myth to a remote northern […]
Dominique Grubisa’s claims are going to be tested in court after the Federal consumer watchdog commences legal proceedings, as Dave Donovan reports. read now...This food timeline started as a way to explore the revolution in Australian food that has occurred during the baby-boomers’ lifetime, but has since expanded to include more about the previous decades (and century) as well. Also included are overseas events and trends that had an impact here. The entries are brief, but there are lots of links if you want more information.
There is a vast international literature exploring the consequences of low interest rates for various banking sectors. In this paper, I explore how this international literature relates to the Australian banking sector, which operates differently to other jurisdictions. In the face of low rates, the profitability of Australian banks has likely been less adversely affected than what the international literature would predict, but the flip side to this is that the pass-through of monetary policy to lending rates may have been more muted. I then use a recent advance in macrofinancial modelling to explore whether pass-through in Australia could turn negative – the so called ‘reversal rate’ – and find that the features of the Australian banking system mean a reversal rate is highly unlikely to exist in Australia.
The ARJ21, China's homegrown regional jetliner, was delivered on Sunday to Indonesian carrier TransNusa, marking the first time that China's jet airliner has entered the overseas market.…
Developed by Commercial Aircraft Corp of China (COMAC), the ARJ21 regional aircraft has a range of up to 3,700 km. It can fly in alpine and plateau regions and is adaptive to various airport conditions.
Nearly 100 ARJ21 planes have been delivered to its clients and in operation on 300 flight routes, connecting more than 100 cities and having safely carried 5.6 million passengers, COMAC said.
Competition.
It is doubtful that all parts are Chinese designed and produced. Russia is developing commercial aircraft production that is entirely Russian. China likely is also, but Russia is more advanced in military aircraft production and has the expertise to export this knowledge to commercial use, the design and production of which is less demanding than military aircraft.
Salaries in the U.S. aren’t keeping up with inflation, despite pandemic-related increases in some sectors. That’s a major threat to the future for all working Americans – especially the youngest.
Social Security is your future. And that future could come sooner than you think.
Conversations about the program often pit younger workers against retirees, but Social Security is really an intergenerational compact that boosts the well-being of Americans of all ages — that’s one of the reasons the program is so cherished.
One in five Americans receives a Social Security benefit today, and about one in three of these aren’t retired. Social Security protects young workers and their families if they become disabled, and it provides benefits to the survivors of deceased workers, including their kids. Studies show that a 20-year-old worker has a one in three chance of qualifying for disability benefits before reaching retirement age.
Hello! My name is Kevin Munger, and I’m delighted to have gotten the call up to the blogging big leagues. I’ve been blogging since the beginning of the pandemic at Never Met a Science, a combination of meta-science (get it) and media theory that I intend to continue here. Crooked Timber has been around for […]
With digital currencies not reaching their potential, it's up to policymakers to implement a better strategy for a stronger digital financial market. read now...People who have been infected with the respiratory virus that causes COVID-19 can experience long-term negative effects from the infection. These lasting effects are typically referred to as Long COVID. The most frequently reported Long COVID symptoms include difficulty concentrating or thinking (“brain fog”), difficulty breathing, fatigue that interferes with daily life, post-exertional malaise, and […]
The post The Extent and Demographics of Long COVID Disability in United States appeared first on Center for Economic and Policy Research.
I got an email overnight that I could reply to as a private mail, or I could hide the identity of the person who sent it and reply here, sending them the link. I have chosen the second option as I suspect the questions are not uncommon....Basic stuff, but it is difficult for many people to get since they are programmed otherwise.
In my experience (anecdotally), those who know little to nothing about economics and finance get the MMT basics of money creation pretty easily since it make sense in the absence of countervailing the assumptions. Accountants also get MMT; Richard Murphy is an expert in accountancy, for instance. As one accountant replied after I finished explaining MMT, "How else could it be?" It's just the way the accounting works.
Rani and Clyde are back! Sarah Jane’s proteges reunite to take on the world in three new adventures from Big Finish next year Big Finish have announced details of the three full-cast audio dramas from the worlds of Doctor Who featuring the return of The Sarah Jane Adventures’ Rani (Anjli Mohindra). Now an award-winning journalist, […]
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