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Created
Tue, 31/03/2026 - 06:01
You may remember when Iraq said “Americans must remove all troops from Iraq” and the US said “who cares what you think?” Well, right now the Iraq resistance is removing all American troops from Iraq. They can’t defend their bases and even had to beg for a truce to remove troops. But the real problem […]
Created
Mon, 30/03/2026 - 18:00
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March 30th, 2026: Hey, I've got a store - perhaps some DINOSAUR COMICS MERCHANDISE would interest you??

Created
Mon, 30/03/2026 - 11:30
I propose identifying structural vector autoregressions using 'shock-percentile' restrictions. These restrictions require the realisation of a structural shock in a selected episode to lie in the tail of the shock's historical distribution, representing the belief that a relatively large shock has occurred. I argue that shock-percentile restrictions are an attractive alternative to imposing numeric bounds on shock magnitudes, which are difficult to credibly elicit. Simulations demonstrate the potential for shock-percentile restrictions to provide identifying information. In two empirical applications, I exploit shock-percentile restrictions to disentangle the relationship between uncertainty and real activity, and to sharpen identification of the macroeconomic effects of US monetary policy.
Created
Mon, 30/03/2026 - 05:37
Week-end Wrap – Political Economy – March 29, 2026 by Tony Wikrent Tell Your State To Pass This No-ICE-At-Our-Precincts Model Law. Now. Josh Marshall, March 27, 2026 [Talking Points Memo]  I found a piece of model legislation published on March 9th by the Brennan Center.     War Plans, Platforms And Projectiles — The longer-term meaning of the Iran war. […]
Created
Mon, 30/03/2026 - 00:05
The weaknesses of social-scientific normativism are obvious. The basic assumptions refer to idealized action under pure maxims; no empirically substantive lawlike hypotheses can be derived from them. Either it is a question of analytic statements recast in deductive form or the conditions under which the hypotheses derived could be definitively falsified are excluded under ceteris […]