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Created
Fri, 24/11/2023 - 00:28
In 2022, the U.S. National Institutes of Health (NIH) placed a large bet on an experimental drug developed to limit brain damage after strokes … The gamble seemed warranted. Lab studies, most by a longtime grantee, prominent University of Southern California (USC) neuroscientist Berislav Zlokovic, had generated promising data. A small safety study of the […]
Created
Thu, 23/11/2023 - 21:35

‘My biggest fear as a humanitarian assistance provider,’ said Hiba Tibi, CARE’s Gaza and West Bank Country Director, ‘is that waterborne diseases and dehydration will be more destructive than the bombing.’ CARE, the international humanitarian agency, warns that a lack of clean water in Gaza is leading to the spread of deadly diseases such as […]

Created
Thu, 23/11/2023 - 21:22
Almost sixty years ago Milton Friedman wrote an (in)famous article arguing that (1) the natural rate of unemployment was independent of monetary policy and that (2) trying to keep the unemployment rate below the natural rate would only give rise to higher and higher inflation. The hypothesis has always been controversial, and much theoretical and […]
Created
Thu, 23/11/2023 - 20:35
With corrupt crypto king Sam Bankman-Fried as its most prominent representative, the Effective Altruism movement is not particularly popularly these days. And some other people associated with the Effective Altruism movement have bizarre and unappealing ideas. More generally, the association of the idea with the Silicon Valley technobro culture we’ve been discussing here has put […]
Created
Thu, 23/11/2023 - 20:00
Fergus Cumming and Danny Walker Bank Rate has risen by more than 5 percentage points in the UK over the past couple of years. This has led to much higher mortgage rates for many people. In this post we analyse another potential source of pressure on mortgagors: the potential for falls in house prices to … Continue reading Why lower house prices could lead to higher mortgage rates
Created
Thu, 23/11/2023 - 13:04
Last week (November 15, 2023), the Australian Bureau of Statistics released the latest – Wage Price Index, Australia – for the September-quarter 2023, which shows that the aggregate wage index rose by 1.3 per cent over the quarter (up 0.5 points) and 4 per cent over the 12 months (up 0.3 points). The ABS noted…
Created
Thu, 23/11/2023 - 11:30
Note those headlines. They are unusually … direct. Paul Campos at LGM notes this phenomenon as well, taking a look at one of the most jarring from Tom Edsall in NY Times today headlines “The Roots Of trump’s Rage:: Edsall specializes in long think pieces for the NYT, in which he interviews experts who try to understand the Trump phenomenon in, what up until now, has been a kind of “even handed” way, i.e., yes Trump is a disturbing figure, but let’s try to understand why nearly half the country elected him and wants him to be president again. Today’s edition of this series, published on a notable anniversary in American history, goes in a different direction right from the top: This is a long piece, but there’s never any gesture towards “on the other hand” at any point within it.