Saturday, May 16, 2015
Weekly Indicators for May 11 - 15 at XE.com
- by New Deal democrat
My Weekly Indicator post is up at XE.com. The overly strong US dollar has put the industrial sector of the US economy into a shallow recession, and brought the wider economy to a complete standstill.
Friday, May 15, 2015
What's killing steel is the same thing that's ailing rail
- by New Deal democrat
I have a new post up at XE.com.
The main culprit behind recent poor US economic performance is now pretty clear.
I Finally Have An Explanation For John Hinderaker
How can a person who is literally 100% wrong on economic analysis continue to think they have something to say? Now I know.
The Dunning–Kruger effect is a cognitive bias wherein unskilled individuals suffer from illusory superiority, mistakenly assessing their ability to be much higher than is accurate. This bias is attributed to a metacognitive inability of the unskilled to recognize their ineptitude.
Hinderaker just doesn't recognize his stupidity because he's that stupid.
Tuesday, May 12, 2015
Monday, May 11, 2015
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