My Musings

  • Finally, another look at the Wall Street Journal article on Texans paying too much for their free market energy

    Some time ago I did a post that talked about how the Wall Street Journal, the epitome of capitalism, declared that the energy free market in Texas actually costed Texas consumers 28 billion in extra cost. Talk about market failure. And yet, I did not see any other articles discussing this kind of market failure:…

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    Not much changed since last time on coronavirus

    Since the last post on this subject, I don’t think much has changed: Michigan was seeing a frightening surge, at least graphically, and most of the Northeast was facing an incipient upsurge. Today, that is still pretty much the same message except I would add a couple more midwestern states in addition to Michigan that…

  • Bankers’ Hours

    A quickie post before the weekend… So, the New York Times‘ business newsletter, The DealBook, had an interesting article about the junior bankers rebelling against the banking industry’s crushing work schedule. Back when I started working, bankers in investment banking or related to Wall Street always had long hours but they were well compensated for…

  • The Thumb on the Wage Scales

    “Walmart announced last month that it was raising pay for some of its lowest-wage workers. Investors responded by pummeling its shares, sending them down by more than 6 percent on the day.” “What is Work Worth”, New York Times Dealbook, Kevin Delaney, March 20, 2021. This quote came from a business newsletter that I get…

  • CDC is disappointing

    Or maybe it’s Socrata… This week has been disappointing, not just the CDC. First, on a minor note, a recipe that I pulled from a blog, which sounded so enticing, turned out to be disappointing. Either I did something wrong or the recipe is just not to my taste. But the recipe really sounded like…

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    The 4th Surge?

    I haven’t done this is a while so let’s see where we stand with this coronavirus thing. First, it looks like continents around the world are undergoing renewed surges, from frightening so, based upon their almost vertical rise. You can see that Europe, Asia and South America appears to be undergoing an alarming rise, so…