Top all-time · #15905
Policy and Economy
Personal blog · blog.jparsons.neteconomicspolitics
Policy and Economy is a personal blog at blog.jparsons.net about economics and politics. Since 2011, 5 different Hacker News readers have linked it 8 times. The last post was in 2014, but the archive is still widely read.
Too few sampled comments (7) to say how often HN recommends it.?
Why HN links it
HN commenters link this economics blog's ShadowStats debunking series and its posts on Singapore's health care system and US government spending history as support for their points.
Summarised by Claude from a sample of 7 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Blog topics include economics, politics, housing, stocks, the recession, and the financial crisis.
Most-linked posts?
- /2011/03/shadow-stats-debunked-part-i.html2 people · 4 mentions · first linked 2014-06-26
- /2009/08/why-singapores-health-care-system-beats.html2 people · 2 mentions · first linked 2011-02-28
What Hacker News says?
Just quickly on ShadowStats, and why it's complete bullshit (it's not slightly it's 120% conspiratorial :D) http://blog.jparsons.net/2011/03/shadow-stats-debunked-part-... https://www.thestreet.com/economonitor/emerging-markets/deco... https://www.bls.gov/opub/mlr/2008/08/art1full.pdf > If the price of the S&P 500 for instance is higher due to an asset bubble, it decreases my ability to purchase shares of it. BLS sa…
Comment linking /2011/03/shadow-stats-debunked-part-i.html
on “Inflation is at a 40 year high. What can history teach us?”Citing shadowstats is not really a good sign in any argument. Even if they might have a point, the whole site is not about that point. The changes in CPI calculation (continuous consumer basket adjustment, etc.) are well documented, well known in econometrics, and is considered a sane thing. (After all you can't really equivocate a TV from the 50s and a TV now.) And while it's always possible to make better adjustme…
Comment linking /2011/03/shadow-stats-debunked-part-i.html
on “The wave of unicorn IPOs”> they’re at the lowest levels in US history There wasn't even an income tax until 1913. http://blog.jparsons.net/2009/03/us-government-spending-as-p...
Comment linking /2009/03/us-government-spending-as-percentage-of.html
on “The Profit Motive Behind Financial Complexity”I'm kind of fond of Singapore's health care system... http://econlog.econlib.org/archives/2008/01/singapores_heal.... http://blog.jparsons.net/2009/08/why-singapores-health-care-...
Comment linking /2009/08/why-singapores-health-care-system-beats.html
on “Is employer-based health insurance a barrier to entrepreneurship?”I'll admit, I didn't even click on your link, but rather went by your claimed range: > Government stated inflation based on chained CPI and other new measures to reduce inflation may be at around 2%, but previous formulas used in the past to calculate inflation would show a much higher rate (6-10%) I'm not here to quibble about inflation ranges, but to point out how idiotic their 'methodology' is. Don't take my word…
Comment linking /2011/03/shadow-stats-debunked-part-i.html
on “The Economy Got Off to a Historically Bad Start in 2014”The website is down, but Shadowstats is garbage anyways. * http://azizonomics.com/2013/06/01/the-trouble-with-shadowsta... * http://blog.jparsons.net/2011/03/shadow-stats-debunked-part-... [This one is particularly entertaining. If you believe Shadowstats' inflation claims, we never had a housing bubble.] * http://blog.jparsons.net/2011/06/shadow-stats-debunked-part-... * http://theweek.com/article/index/265764/why-…
Comment linking /2011/03/shadow-stats-debunked-part-i.html
on “Alternate Unemployment Charts”Singapore's model needs to be studied more closely. A mandatory savings plan for catastraphic insurance plus consumers spending for their own health care. I don't know the details but there is a decent amount of literature: http://blog.jparsons.net/2009/08/why-singapores-health-care-...
Comment linking /2009/08/why-singapores-health-care-system-beats.html
on “Bitter Pill: Why Medical Bills Are Killing Us”