ECONOMICS: 108 Economists were wrong because they saw Milei’s Results through their politics as opposed to their science

Thursday, February 27, 2025

https://thedailyeconomy.org/article/how-did-108-economists-predict-mileis-results-exactly-wrong/

How Did 108 Economists Predict Milei’s Results Exactly Wrong?

  • Leading lights on the left said Milei’s free market reforms would be disastrous. Instead, they’ve been hailed as a miracle.

Jon Miltimore
February 15, 2025

*** begin quote ***

“Their understanding of how markets work and of how governments work is superficial,” writes Henderson. “I wonder if any of them, seeing the apparent success of Milei’s policies, are questioning their prior views. We can always hope.”

Indeed we can. But for now, it’s not unfair to assume from their silence that they’ve learned little from Argentina’s economic progress. 

As President Donald Trump begins his own second term as president, there’s much he can learn from Milei’s first year in office. 

This includes ignoring economists who claim that cutting government spending, regulations, and bureaucracy will result in economic devastation. And perhaps most importantly, the danger of using government printing presses to avoid making difficult budget decisions.

*** and ***

Jonathan Miltimore is Senior Editor at AIER. His writing/reporting has been the subject of articles in TIME, Wall Street Journal, CNN, Forbes, and the Star Tribune. He is a contributor at the Washington Examiner and has had bylines in Fox News, Newsweek, National Review, the Epoch Times, Real Clear Politics, the Washington Times, and other media.

Prior to joining AIER, Jon served in editorial roles at the History Channel magazine and the Foundation for Economic Education. He also served in the Bush Administration as an intern in the Department of Speechwriting. When he is not working, Jon enjoys reading, watching movies, and spending time with his wife and three children. He also coaches youth football, baseball, and wrestling.

*** end quote ***

All the little L libertarians knew that, if allowed, Milei’s free market reforms would radically change the incentive structure in that socialist economy.  Just like that, freeing people’s competitive skills and ability from the chains of a Welfare State would stun all the pessimists.  And it did.

Inflation from 300% to 2.4%. GDP of 5%. 

I guess that the people of any country would want stats like that.  Now it’s time to get the leadership that will give it to them.

—30—

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QUOTES: Don’t let mistakes live rent free in your head

Wednesday, February 26, 2025

“You don’t try to forget the mistakes, but you don’t dwell on it. Don’t let it have any of your energy, or any of your time, or any of your space.” – Johnny Cash

Today is the anniversary of the worst day in my life.  While she and I always lived with the expectation it would happen, it still was metaphorical punch in the gut when it happened.

I wrote about it in my book long before it did happen.

“You can’t be afraid. It’s not right to be afraid. It’s as if you don’t trust the Lord with our lives. I’m not a big Bible Banger, but it seems rude to joggle God’s elbow. Like a little kid, who has no concept of what is happening.” — character “John” in CHURCH 10●19●62 Volume 2 Page 206

“My love, were it in my power, I would sadly grant thee this boon. But, we have to continue to follow His Plan for us. Let’s go forth and speak no more of this. Who ever is last will be last. It will be His choice; not ours. We’re but humble custodians of His temple on earth. It’s not our place to trump His plan. Whatever that plan be, know that I will be with you to my last breath.” — character “John” in CHURCH 10●19●62 Volume 2 Page 399

And each year I reflect on the thing I might have done to delay or prevent it.

“You don’t try to forget the mistakes, but you don’t dwell on it. Don’t let it have any of your energy, or any of your time, or any of your space.” – Johnny Cash

I have a theory that, unless you care crazy, you always make the best decisions among the available options at the time.  Hence there are no “mistakes”.  There are only choices that worked out well and those that worked out badly.  Like in sports, doing the high percentage play doesn’t guarantee in the short run; maybe not even in the long run either.

Unfortunately, we live in the Fourth Dimension of Time. And, there’s no do overs to test other outcomes.

“… checked the Eternal Possibilities Machine, which generates all the possibilities for use in creating the alternative worlds. In all those probability lines …” CHURCH 10●19●62 (Vol 1) 978-0-557-08387-9 page 45

Wish I had that Eternal Possibilities Machine to go back and look at all the other paths possible and their results.

But, unfortunately, no such device exists.  (Yet?)

So we just have to trudge along.  “Let’s go forth and speak no more of this.”

So today ends my reflection.  I’ll put the mental folder away for next year and put one foot in front of the other on my way to whatever life has in store for me next.

Sigh!

YMMV

—30—

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POLITICAL: Perhaps Gooferment Skrules are the problem. Home schooling points the way

Wednesday, February 26, 2025

https://wokespy.com/study-homeschoolers-have-highest-life-satisfaction-better-families-least-divorce-rates-and-are-least-depressed/

Study: Homeschoolers Have Highest Life Satisfaction, Better Families, Least Divorce Rates, and are Least Depressed
By Martin Tribe / February 17, 2025

*** begin quote ***

A Cardus Educational Survey (CES) has discovered that homeschooled children outperformed their non-homeschooled peers on various psychosocial issues. Between 2019 and 2021, school enrolment declined by 2.1 million while homeschooling increased by 30%.

The trend was largely influenced by the pandemic when homeschooling was mandatory. However, many parents continued to teach their children at home even after physical classes resumed.One key finding was that homeschooled adults exhibited better mental health than their non-homeschooled peers amid the nation’s ongoing mental health crisis affecting teens and young adults.

The CES report that studied adults between adults 24 to 39 years old analyzed economic, mental health, civic, spiritual, and family formation among homeschooled and non-homeschooled individuals. 

*** and ***

One key finding was that homeschooled adults exhibited better mental health than their non-homeschooled peers amid the nation’s ongoing mental health crisis affecting teens and young adults.

*** and ***

While the short-term financial gains might be appealing, they are costly in the long due to depopulation which is an existential threat. The mental health crisis also requires more funds to address, resulting in the loss of otherwise productive members of society through depression and suicide. Likely, that is why nearly 60% of all “gun crimes” in the US are suicides instead of accidental shootings or homicides.

*** end quote ***

While “home schooling” is a daunting undertaking, it does point out that the problem is Gooferment Skrules.  Mixing in non-Gooferment schools and comparing that to “home schools” confounds the data and makes Gooferment Skrules’ flaws not as obvious.

In the 80’s, I proposed a voucher solution for the Pepuls Republik of Nu Jerzee that would eliminate Gooferment Skrules over forty years.  (Enough time for everyone to get comfortable and shift the “Overton window” on “education”.  The essence of the plan was to give Gooferment Skrules to the teachers and staff of every school. In the first 20 years, 5% of the students could use their “green” voucher anywhere they wanted, while everyone else would have a “red” voucher that he’d to be used at their local school.  Each year, the 5% would grow by 5%.  (New students entering the system would get via a lottery either a “green” or “red” voucher.)  The school would get a chance to adapt to a free market.  Then in the second 20 year period, the amount of the voucher would decrease by 5% each year.  At the end of forty years, no Gooferment Skrules.  Of course, the property tax portion of real estate would decrease. School “corporations” would have to compete in the free market.

Hard to imagine what this would look like but I’d bet that schools would adapt to be wonderful places.  Not the pre-prison incubator of illiterates that they are today.

—30—

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HEALTH: COVID-19 brain fog cleared in N-of-1 trial

Tuesday, February 25, 2025

https://www.thefocalpoints.com/p/breaking-first-in-man-oral-proteolytic?publication_id=1119676&post_id=157693736&isFreemail=true&r=3snn7d&triedRedirect=true

BREAKING–First-in-Man Oral Proteolytic and Thrombolytic Dissolution of Intra-Arterial COVID-19 Vaccine Thrombi

  • Complex Blend of Oral Enzymes and Natural Ingredients Clears Brain Fog and Removes Impending Stroke Risk in Heavily Vaccinated Patient

Feb 24, 2025
By Peter A. McCullough, MD, MPH

*** begin quote ***

While McCullough Protocol Base Spike Protein Detoxification with Ultimate Spike Detox has quickly grown to a global standard for managing long-COVID and complications after COVID-19 vaccination, at the McCullough Foundation we continue to seek innovative solutions to more rapidly and completely manage the health problems brought on by the pandemic.

In this breaking interview, Dr. Takuji Shirasawa from the Ochanomizu Health and Longevity Clinic describes a 60-year old Japanese man who took 4 Pfizer COVID-19 vaccines and presented with a loss of mental clarity otherwise known as “brain fog.” Shirasawa used MR angiography to demonstrate sessile bilateral arterial thrombi in the carotid bulbs. His hypothesis was that mini-blood clots may be responsible for the neurological and cognitive symptoms.

Shirasawa performed a N-of-1 trial giving the patient a complex blend of oral proteolytic and thrombolytic enzymes featuring nattokinase, bromelain, serrapeptase, and papain adding over a dozen natural ingredients given in proprietary blends from Texas based Phytomedic Labs. The patient was also administered aspirin 100 mg per day.

*** end quote ***

This certainly good news.  It proves that “brain fog” really does exist by MR angiography.  So anyone who says the symptoms are all in your head is correct but not in the way they mean it (i.e., psychosomatic).

I was also fascinated by the term of art “N-of-1 trial” that I never heard of.

https://en.wikipedia.org/wiki/N_of_1_trial 

*** begin quote ***

An N of 1 trial (N=1) is a multiple crossover clinical trial, conducted in a single patient.[1] A trial in which random allocation is used to determine the order in which an experimental and a control intervention are given to a single patient is an N of 1 randomized controlled trial. Some N of 1 trials involve randomized assignment and blinding, but the order of experimental and control interventions can also be fixed by the researcher.[2]

This type of study has enabled practitioners to achieve experimental progress without the work of designing a group comparison study. This design, especially if including blinding and wash-out periods, can be effective in confirming causality. N-of-1 trials, if used in clinical practice to inform therapeutic decisions concerned with the patient participating in the trial, can be a source of evidence about individual treatment responses, fulfilling the promise of personalized medicine.[3][4] 

*** end quote ***

Never heard that before.  Heard of “case reports” as anecdotal evidence.  But those were always dismissed as “unscientific”.

As always, this is just hearsay until it happens to you or a loved one.

Nice to know such a treatment exists and appears to work.

—30—

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NEWJERSEY: Time for some judges and prseecutors to be fired!

Monday, February 24, 2025

https://nj1015.com/violent-record-roman-romanovskiy-nj-man-charged-murder-lauren-saldana/?lh_aid=84349&lh_cid=7kirmfg475&di=a842a82fc065ea5c55c94d390ad9f7cd

NJ courts kept letting him go until mom of 4 was killed in front of her kids
Erin Vogt
Published: February 10, 2025

  • Lauren Saldana, 38, was strangled to death
  • The murder suspect has a long history of violence
  • Victim’s daughter now pursues justice

*** begin quote ***

Prosecutors and judges kept giving him new chances. And he kept returning to his girlfriend’s life.

It was a decades-long cycle of brutal violence and lenient justice that came to a head on Jan. 9 in South Brunswick when Roman Romanovskiy, not for the first time, placed his rage-filled hands around the neck of a woman, police said.

But this time, Lauren Saldana, 38, did not survive. This time, a 5-year-old boy witnessed the homicide of his mother by his father, just steps from his newborn brother.

This time, Romanovskiy, just seven months into a probationary term of four years for a seemingly unprovoked assault on two other people, was accused of the most heinous charge after a life of terrorizing others.

“This isn’t fair and was never supposed to happen,” Saldana’s oldest child said in a heartbreaking post on Facebook two days after her mother was killed. “I will fight for her memory and make sure justice is served for her 3 sons and myself, no matter what it takes.”

*** end quote ***

OK, let’s start names and kicking asses. (Yeah, I said it.)

Sorry but this criminal was not some young first-time non-violent offender who deserved the benefit of the doubt or leniency.

Everyone involved should be publicly outed and scorned.

Judges should be impeach for poor judgement.  The attorneys involved should be censured. And any prosecutors, politicians and bureaucrats should be fired.

And, by the way, what was Roman Romanovskiy immigration and drug testing status?

Argh!

—30—

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ECONOMICS: The “true cost” and environmental impact of wind turbines

Sunday, February 23, 2025

https://dailyreckoning.com/blissful-ignorance-now/

Blissful Ignorance Now
By Sean Ring
Posted February 13, 2025

*** begin quote ***

I was recently watching Landman, which is a TV series about the oil industry in West Texas. Tommy Norris, the Landman, explained to his female lawyer colleague the economics and environmental impact of wind turbines and how oil companies use them to power the wells. They need to use those monstrosities because the wells are off-grid.

*** and ***

Tommy: “Do you have any idea how much diesel they have to burn to mix that much concrete or make that steel, and haul this shit out here, and put it together with a 450-foot crane? You wanna guess how much oil it takes to lubricate that fucking thing or winterize it? In its 20-year lifespan, it won’t offset the carbon footprint of making it. And don’t get me started on solar panels and the lithium in your Tesla battery. And nevermind the fact that if the whole world decided to go electric tomorrow, we don’t have the transmission lines to get the electricity to the cities. It’d take 30 years if we started tomorrow. And, unfortunately, for your grandkids, we have a 120-year petroleum-based infrastructure. Our whole lives depend on it. And hell, it’s in everything. That road we came in on, the wheels won’t every car ever made, including yours. It’s in tennis rackets, and lipstick, and refrigerators, and antihistamines, pretty much anything plastic. Your cell phone case, artificial heart valves, any kind of clothing that’s not made with animal or plant fibers, soap, fucking hand lotion, garbage bags, fishing boats, you name it. Every fucking thing. And you know what the kicker is? We’re gonna run out of it before we find its replacement.”

Rebecca: “It’s the thing that’s gonna kill us all as a species.”

Tommy: “No, the thing that’s gonna kill us all is running out before we find an alternative. And, believe me, if Exxon thought them fucking things right there were the future, they’d be putting ’em all over the goddamn place. Getting oil outta the ground is the most dangerous job in the world. We don’t do it ’cause we like it, we do it ’cause we run outta options. And you’re out here trying to find something to blame for the danger besides your boss. There ain’t nobody to blame, but the demand that we keep pumping it.”

*** end quote ***

Funny how we have to rely on TV fiction to “explain” why “green energy” is fictional concept.

And, even more peculiar, that we need nuclear power before we run out of oil.

The alternative is we die off as a species.

ECONOMICS is truly the dismal science of limited resources and the recognition there of.

Argh!

—30—

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QUOTE: Each morning … …

Saturday, February 22, 2025

“Each morning when I open my eyes I say to myself: I, not events, have the power to make me happy or unhappy today.”

– Groucho Marx

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MEME: DNF Laken Riley

Saturday, February 22, 2025

—30—

UPDATE:

White House

Trump signs Laken Riley Act into law as first legislative victory in new administration

‘America will never, ever forget Laken Hope Riley,’ Trump said before signing the law

By Diana Stancy

Published January 29, 2025 2:46pm EST 

—30—

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QUOTE: Gooferment Skrules have made us helpless!

Friday, February 21, 2025

—30—

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SURVIVAL: Get out of bad weather road conditions

Friday, February 21, 2025

https://nypost.com/2025/02/13/us-news/about-100-cars-and-trucks-involved-in-oregon-highway-pileup/

100 vehicles involved in Oregon highway pileup in treacherous whiteout conditions
By David Propper 
Published Feb. 13, 2025, 10:40 p.m. ET

*** begin quote ***

A highway pileup involving 100 vehicles, including big rigs, grinded an Oregon highway to a destructive halt during a nasty whiteout snowstorm Thursday, according to authorities.

The series of crashes caused a SUV fire and closed a part of Interstate-84 where numerous drivers and passengers were trapped in their vehicles late morning, the Multnomah County Sheriff’s Office said.

*** and ***

The conditions were so treacherous the Oregon Department of Transportation closed the highway in both directions between La Grande and Baker City – a stretch of roughly 50 miles between the two cities.

“Closures are due to blowing and drifting snow with visibility less than 500 feet,” the state DOT wrote before later reopening that section. 

*** end quote ***

Lucky that no one was killed or seriously injured.  First rule in survival training was “AWARENESS”.

Did these folks not realize the danger of the weather?

Visibility of less than 500 feet didn’t happen because the weather gods waved a magic wand.  I’ve driven some costal roads, even in Oregon, and fog can be just around the next bend.

At 30 MPH, and 10 second reaction time, you’ve used up your 500 feet.  

And, seriously who goes 30?

The other night was a passenger in car and all the drivers in the car thought 15 was fast.  Yet we were being passed by drivers doing far in excess of 50.  No way they could stop on an ice covered road.  Even at 15, we could all feel the slip of the tires on gentle curves.

I guess I’m getting old.  But, I think drivers in the Pepuls Republik of Nu Jerzee are all insane!

—30—

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