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The Mystery of the Lockdowns

Silvrback blog imageIn “How many lives would a more normal president have saved?” New York Times columnist Ross Douthat wonders how many Americans died because of President Trump’s “abnormal” reluctance to embrace stricter lockdown measures. Douthat’s speculations never get close to the likely correct answer, though, which is . . .

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September 12, 2020

The Chinese Emperor's New Economic Clothes

All economic data contain errors, but China’s are a work of art. Like its numbers on COVID-19 infections and deaths, its official economic statistics are political artifacts, carefully devised to cloak the failings and trumpet the superiority of China’s one-party Silvrback blog imagepolitical capitalist system over our liberal-democratic . . .

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April 24, 2020

Bull Market Bull

Anatole Kaletsky has a thoughtful and persuasive piece (paywall) in Barron’s magazine on why global stock markets have a good deal more room to rise: ‘Four Reasons Why the Bull Market Has Far to Go’

First, the world economy is finally swimming into a fabled ‘sweet spot’, with simultaneous, reasonably . . .

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December 03, 2017

Archive

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