==> My reflections on Trump’s victory.
==> Mark Skousen sends me this analysis of the government’s Gross Output (GO) figures, which Skousen argues measure the “Hayekian triangle.” (In contrast, GDP effectively only measures the final stage, consumption, if we are in a stationary economy.)
==> You guys know I am your humble servant, but BOOM check out my analysis of the housing sector from back in June 2008. (That’s 3 months before Lehman, for those keeping score.) I had forgotten I wrote that, but someone asked me for my publications on the topic. I thank the market-savvy von Pepe; I think I surely must have consulted with him before writing that article.
==> David R. Henderson (in the comments of another post) passed along David Bernstein’s excellent refutation of the claim that Trump’s final ad was anti-Semitic. A good excerpt:
First, and in contrast to almost every article I’ve read about the ad, suggesting that Jews were somehow featured, the Jews in the ad only appear for a total of about four seconds in a two-minute ad. Second, only Yellen and Soros are identified by name. I doubt 1 in 20 voters even knows who Yellen is, much less her ethnic background. Moreover, neither has a recognizably Jewish name — if you were going for the anti-Semitic vote, why not use Clinton supporters far more well-known and identifiably Jewish, such as Steven Spielberg, Joe Lieberman, or even Sarah Silverman? I didn’t know Yellen is Jewish. Third, Lloyd Blankfein is pictured, but not identified by name. How many voters would recognize Blankfein? I didn’t. And how many of those know he’s Jewish? Again, I didn’t.
One Facebook friend suggested that the ad wasn’t meant to appeal to the run-of-the-mill anti-Semite who doesn’t know Yellen from a hole in the head, but to the hardcore white-supremacist types who keep track of important Jews and would even recognize Blankfein. But why waste your campaign’s money with appeals to a group that likely numbers in the tens of thousands when there are literally millions of undecided voters still at large?