Reading

Created
Thu, 12/03/2026 - 16:59
Regular readers will know that I hate the term NAIRU – or Non-Accelerating-Inflation-Rate-of-Unemployment – which is a concoction invented by mainstream economists to maintain unemployment at elevated levels (to keep the working class in its place) and give cover to central banks to run monetary policies that redistribute income from poor to rich. If you…
Created
Wed, 11/03/2026 - 16:43
~by Sean Paul Kelley Every credit cycle is different: they don’t repeat, but they do rhyme at the end. Phase One: the Expansion The credit cycle begins when intense speculation drives asset prices into bubble territory. This time around AI is the prime mover.  AI stocks have clearly inflated, irrationally, and dangerously market averages. Nvidia’s […]
Created
Wed, 11/03/2026 - 05:03
In earlier blog posts, yours truly has discussed the problems of confounding and ‘overcontrolling’ in causal analysis. A good illustration of how attempts to control for additional variables can sometimes worsen rather than improve causal estimates is the so-called M-bias problem. Let me give an example from economics to illustrate the issue. Estimating causal relationships […]
Created
Tue, 10/03/2026 - 23:00

From the innovators who brought you Taking a Nap and Just Chilling, Free Time is a luxury experience beyond your wildest dreams.

Free Time isn’t just a new product—it’s a total wellness optimization platform. It’s not an app but rather a mind-blowing vessel of unstructured time where you can do anything your heart desires, or nothing at all.

Your Free Time comes loaded with options that are as boundless as your imagination. You can lie on the couch and read a novel, or just space out and drool. Go for a walk if you want. Stop and stare at a bird and take dozens of pictures, if that’s your kink.

Do you want to buy a big pretzel from that German food truck and eat it for twenty minutes, even though that sounds like way too long? Go for it. This is Free Time. Dip it in cheese and stand around like an idiot while you chew your pretzel and watch everyone run around like rats. Why are they all so fast and angry? Because they don’t have Free Time.

Want lower blood pressure? Less work anxiety? Fewer violent urges? Free Time delivers all of those according to groundbreaking research at the Johns Hopkins School of Leisure.

Created
Tue, 10/03/2026 - 21:01

unique

Every year, the global campaign organised by the Union for International Cancer Control invites people affected by cancer to share their personal experiences as part of World Cancer Day. These stories provide an important human perspective on the realities of cancer. They help build solidarity, encourage early diagnosis, and ensure the voices of patients, survivors, families and carers are heard around the world.