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Manufacturing Survey Less Negative in May
The ISM Manufacturing survey showed some improvement in May with several components rebounding from multi-year or record lows.
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The Real Looters are the Politicians
“It remains to be seen whether mayors will have the gumption to throw the book at the thieves. But it is even less likely that the politicians and other government officials who inflicted far greater damage on the economy will ever be held liable.” ~ James Bovard
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That’s One Way to End a Lockdown
“The best laid plans: inspired by myopic modelers, eschewing of expert opinions of dissident scientists, disregarding of essential rights, fueled by media fabrications and irresponsibility, imposed by governments at all levels. It’s a new chapter of The Road to Serfdom.” ~ AIER
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SimCity-style Modeling Flunks the Real-World Test
“When it comes to predicting the actual mechanisms of the pandemic, including the danger it posed to nursing homes, the modeling approach appears to be functionally useless and catastrophically off the mark.” ~ Phil Magness
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