Follow up: Economic forecast models mostly useless
The New York Times also chimed in on the poor forecasting record of economists Monday in a separate story, “New Normal or No Normal? How Economists Got It Wrong for…
Economy: Mean net worth of American households exceeds $1 million … but …
Impressive numbers, but not everyone is average. Hence, the median number also tells us a bit more ...
Models followup: Hurricane Otis forecast completely wrong
The 24 hour forecast for Hurricane Otis, lower lines, versus what actually happened – dashed line shooting almost straight up: Predicting the future often ends in failure. In this case,…
EVs: GM and Honda cancel joint venture to create low cost EVs
GM and Honda planned a joint venture to develop lower cost EVs, but now have canceled that.
Climate: Everyone must buy carbon offsets
Everyone must buy carbon offsets to stop climate change. Except many, if not most, have turned out to be scammy.
Demographics: Fewer people want kids
Survey indicates fertility rate will fall by another 0.2 in the current generation.
Public health: Most kids’ Covid cases were spread at home
Most kids' Covid cases were spread through in home contact, not through child care and schools.
Demographics, Education: Fewer jobs for those with grad degrees
Employers no longer seeking as many grad degree holding job applicants, possibly due to the shrinking younger cohorts and labor shortage.
Climate: We must stop consuming carbonated beverages
The end of soda – global soda consumption produces 0.001% of global carbon emissions. If you are serious about NetZero, you know what you must do.