Links 8/15/2025 | naked capitalism

Links 8/15/2025 | naked capitalism

Why are Colorado rabbits growing tentacles and horns? Denver Post Insecure about their looks, more men than ever are getting plastic surgery STAT Climate/Environment International “State of the Climate” report confirms record-high greenhouse gases, global temperatures, global sea level, and ocean heat in 2024 American Meteorological Society First-ever detection of a toxic chemical pollutant in…

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Evaluating the US-Japan Trade Deal on Mercantilist Terms

Evaluating the US-Japan Trade Deal on Mercantilist Terms

Short Version: it’s bad, even by the preferred metrics of protectionists. On July 23, US and Japanese trade negotiators reached a deal on tariffs, investments, and other international transactions.  Much has been written about how bad the deal is from a standard economic perspective (see, for example, here).  But President Trump and his administration, who…

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Business Cycle Indicators w/Monthly GDP

Business Cycle Indicators w/Monthly GDP

SP Global’s monthly GDP series is up (with prediction of flat GDP in Q3): Figure 1: Nonfarm Payroll from CES (bold blue), civilian employment with smoothed population controls (orange), industrial production (red), Bloomberg implied consensus as of 8/13 (red square), personal income excluding current transfers in Ch.2017$ (bold light green), manufacturing and…

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