Kehoe and Prescott on depressions are not alike

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#OTD #COVID19

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Bryan Caplan on why most pay gaps are zero

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Friedman on inflation as a process

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#OTD deaths cases #COVID19

 

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Prescott (1986) on the business cycle

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Edgar of Wessex becomes King of the English

liamfoley63's avatarEuropean Royal History

Edgar (c. 943 – July 8, 975) known as Edgar the Peaceful or Edgar the Peaceable, was King of the English from 959 until his death. He was the younger son of Edmund I and Ælfgifu of Shaftesbury, and came to the throne as a teenager, following the death of his older brother Eadwig. As king, Edgar further consolidated the political unity achieved by his predecessors, with his reign being noted for its relative stability. His most trusted advisor was Dunstan, whom he recalled from exile and made Archbishop of Canterbury. The pinnacle of Edgar’s reign was his coronation at Bath in 973, which was organised by Dunstan and forms the basis for the current coronation ceremony. After his death he was succeeded by his son Edward, although the succession was disputed.

Early years and accession

Edgar was the son of Edmund I and Ælfgifu of Shaftesbury. Upon the death of…

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September 30, 1399: Henry Bolingbroke is declared King of England and Lord of Ireland as Henry IV.

liamfoley63's avatarEuropean Royal History

Henry IV (April 1367 – 20 March 1413) was King of England from 1399 to 1413. He asserted the claim of his grandfather King Edward III, a maternal grandson of Philippe IV of France, to the Kingdom of France. Henry was the first English ruler since the Norman Conquest, over three hundred years prior, whose mother tongue was English rather than French. He was known as Henry Bolingbroke before ascending to the throne.

Family Connections

Henry was the son of John of Gaunt, Duke of Lancaster, and his first wife Blanche. Gaunt was the third son of King Edward III. Blanche was the daughter of the wealthy royal politician and nobleman Henry of Grosmont, Duke of Lancaster.

Henry of Grosmont was the only son of Henry, 3rd Earl of Lancaster (c. 1281–1345); who in turn was the younger brother and heir of Thomas, 2nd Earl of Lancaster (c. 1278–1322). They…

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Vaccinations by age

Michael Reddell's avatarcroaking cassandra

Still on health matters, I’ve been intrigued for a while at what was happening to vaccination rates stratified by age. For all that politicians and the media burble on, emote even, about differences by ethnicity, the data on Covid itself seem crystal clear: by far the biggest demographic risk factor for getting seriously ill or dying of Covid (and thus of resulting in pressure on the health system) is age. The Hendy et al modelling used this data (from this 2020 paper).

age factor covid death

I’ve seen people suggest these absolute numbers may be out of date, and epidemiologists can argue about that, but my point simply is that no one seems to dispute the significance of age. It isn’t just a linearly increasing risk: the risks for (say) the over-80s are far far higher than those for even people in their 50s.

The government of course recognised this initially in allowing old…

View original post 1,149 more words

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Was there a great moderation?

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Conspiracy theorists

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Canada 2021

msshugart's avatarFruits and Votes

So election day is here already in the Canadian federal general election of 2021. The election was called in mid August, but otherwise would not have been due till 2023.

The final CBC Poll Tracker has the nationwide votes really close, at 31.5% to 31.0%, the Liberals being barely in front. The NDP is on 19.1%. For comparison, in 2019, these parties’ vote percentages were 33.1, 34.4, and 15.9, respectively. Note that the Conservatives led in the votes, but the Liberals led in seats (157 to the Conservative’s 121 and NDP’s 24). The Poll Tracker for the other parties has the following vote percentages (with last election’s results in parentheses) has the PPC on 7.0 (1.6), Bloc Quebecois on 6.8 (7.7), and Greens 3.5 (6.5).

The Poll Tracker’s seat projections currently have Liberals at 155, Conservatives 119, NDP 32, BQ 31, Green 1, PPC 0. The “likely” range for…

View original post 416 more words

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#OTD #COVID19

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#OTD #COVID19

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Ardern govt surprised by news of Aussie decision to buy nuclear subs and form new security partnership

poonzteam5443's avatarPoint of Order

What do you do when your neighbour goes nuclear?

The Ardern  government will be tackling that question after being taken aback by news the Australians are to buy US nuclear attack submarines and will form a new trilateral security partnership to be called AUKUS.

Our Beehive connections tell us PM Jacinda Ardern was briefed by Australian PM Scott Morrison last night.

We are tempted to say these developments confirm how far NZ has slipped off the map in terms of a regional defence power. Our contacts say the Beehive is still grappling with how come NZ wasn’t consulted about the new security partnership – or even invited.

Canberra will acquire several Virginia Class nuclear attack submarines. A $A90 billion plan to buy French nuclear submarines and convert them to diesel-electric power will be abandoned.

View original post 379 more words

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