Sunday, March 29, 2020

Some Encouraging News from 1918


go to Defining Ideas


In a 2007 National Academy of Sciences study of the Spanish Flu, researchers used  data on the timing  of 19 classes of NPIs in 17 U.S. cities during the 1918 pandemic to test whether early implementation of multiple NPI interventions was associated with reduced disease transmission. Indeed, the researchers found that “cities in which multiple interventions were implemented at an early phase of the epidemic had peak death rates 50% lower than those that did not and had less-steep epidemic curves.” In other words, the timely introduction of NPI measures reduced peak mortality in the surveyed cities.

The finding of reduced peak mortality seems to confirm that the timely introduction of multiple interventions does indeed buy time to prepare for the peak of the pandemic and in this sense plays a positive role. The finding does not rule out that NPIs simply transfer illness and death to later dates and hence does not lower cumulative mortality.

On this point, researchers find that “cities in which multiple interventions were implemented at an early phase of the epidemic also showed a trend toward lower cumulative excess mortality, but the difference was smaller (20%) and less statistically significant than that for peak mortality.”

The lower cumulative mortality rate is the most encouraging finding from the 1918 flu experience, although this finding is less robust than the effect on peak mortality.

Should we follow the Swiss in dealing with COVID-19?

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Within Europe, the Swiss are caricatured as deliberate, unemotional, and  imperturbable. Their reaction to the Corona Virus pandemic fits this stereotype. Of course, it helps that the Swiss are better positioned than other countries with a debt to GDP ratio of 40 percent (versus 81 percent for the US) and a fully funded unemployment insurance fund. (In the US, impending shortfalls at the state level will require huge federal bailouts).

Unlike raucous US politics, the Swiss formed a swift national consensus, and their rescue package is already underway, at an estimated cost of 5 percent of GDP. At this juncture, the US rescue package awaits approval by the House at a cost  that will well exceed ten percent of GDP.

Tuesday, November 12, 2019

Attorney General Barr: There Are no Predicates for Spying

A review of the public record demonstrates that the Russia investigation rested on a house of cards assembled by high-level officials to prevent Donald Trump’s election or to ensure that his administration would fail. This conclusion rests on mainstream media accounts, primarily of The New York Times. The Russia probe imposed a considerable cost in terms of international status, domestic tranquility, political paralysis and a challenge to the outcome of a democratic election. It weakened the Trump presidency to the benefit of his political opponents, and boosted Vladimir Putin’s claim of the crookedness of American democracy.



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Sunday, November 10, 2019

Russia Is the Big Winner from the Dems Impeachment Pivot to Ukraine

Ukraine has been thrown under the bus by the media and Democrat forces at the very time when Ukraine was poised to truly join the West. Ukraine has a long, bloody, and tragic history. Our politicians seem intent on keeping up this record.

go to the Hill

Thursday, October 24, 2019

Socialist Planning Failed from the Very Beginning


That the planned socialist economies of the USSR and Eastern Europe suffered from serious dysfunctionalities was revealed already in the 1950s  by American scholars based on interviews with former managers. The Hungarian economist, Janos Kornai, was the first to reveal in 1957 from within the Soviet bloc that the socialist planned economy was not even planned. Kornai went on to study the pathologies  associated with planned socialism, such as soft budget constraints and shortage economies that threaten to bleed over into  contemporary market economies.

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Monday, October 7, 2019

A shaman unnerves Vladimir Putin: Shades of Rasputin surround a mystical figure attempting to ply his trade in Moscow

Russian President Vladimir Putin has deliberately cultivated the image of a macho guy, a man’s man, who fears nothing. He rides a stallion bareback; he dives for underwater treasure (and conveniently finds some). He fires assault rifles with deadly accuracy. Mr. Putin is tough. Do not mess with him.

A shaman, from sparsely-populated Northeastern Russia’s Yakutia (also called Sakha), has a quite different view: Mr. Putin is possessed by the devil, and the shaman has been called by higher forces to drive out his evil spirits. Mr. Putin may be able to annihilate his judo opponents, but the evil forces in his body stand no chance against the supernatural powers that the shaman can unleash on him.

go to Washington Times