Blog Archives

The expected value of potential lives lost during atomic testing

Rob Reid wrote a great explanation of the horrible risk taken during the Manhattan Project, when American nuclear scientists took a chance estimated at one-in-three million that the first atomic test would create a chain reaction that would ignite the

Posted in Globalization & International, Health, Managerial Micro, Violence & Peace

International trade and immigration have been getting more popular since Trump was elected

Today Trump and his allies on Fox News claimed to have replaced NAFTA. In reality, he only made a small step towards that end because his deal only affects a tiny amount of NAFTA trade and legally only Congress can

Posted in Globalization & International

Drinking culture in Central America is about the opposite of what you see on Cinco de Mayo in the US

I spent last fall in Guatemala, so I was surprised to discover that Guatemala has about the lowest per-capita alcohol consumption of any predominantly Christian nation. Latin America actually drinks less than the rest of Western Civilization and most of

Posted in Globalization & International, Health

House prices are crazy overvalued in Canada too

Canada is experiencing the hydrogen zeppelin of all real estate bubbles. It makes the 2008 US housing crisis look like a birthday balloon by comparison.

Posted in Globalization & International, Macro, Real Estate

House prices are a bit high in the US and crazy overvalued in New Zealand

New Zealand is experiencing the hydrogen zeppelin of all real estate bubbles. It makes the 2008 US housing crisis look like a birthday balloon by comparison.

Posted in Globalization & International, Macro, Real Estate

Why tariffs won’t boost the economy like Trump thinks

Trump tweeted We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now we have a Trade Deficit of $500 Billion a year, with

Posted in Globalization & International, Macro

#Pence2018 vs Trump tariffs

On Friday I was called in for a TV interview with WLIO about Trump’s tariffs so I put together a few notes for myself that I might as well post. Trump says he will impose a 25 percent tariff on

Posted in Globalization & International, Pence2018

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