Yokel Economics

Frank said The Wall Street Journal’s Greg Ip tried to make sense of it. Existing inflation “might be part of the explanation” for why capital is not fleeing to the traditional safety of U.S. bonds, but that fails to explain the apparent lack of faith in the Federal Reserve’s ability to come to the rescue. [...]

A ranking of counties is a serious undertaking with many different paths that one might embark upon to complete the work. The output could be considered software. Software design works best when one has a metaphor. The metaphor in this one is that of a parent deciding where to move in one of the following [...]

The Edison method serves me well in life. It worked to stop smoking. It worked for other commitments. The Edison method is to simply announce what you will do let your integrity and shame avoidance drive you to accomplish the goal. Thomas Edison used the process when he announced what he was to invent in [...]

The Claude AI terms of service at Anthropic, as of 14 October 2024, say that you may not use the service to “develop any products or services that compete with our Services, including to develop or train any artificial intelligence or machine learning algorithms or models.” Claude’s terms further state “Equitable relief. You agree that [...]

Zero Hedge reported on California launching a hydrogen hub infrastructure for hydrogen refueling infrastructure. https://www.zerohedge.com/political/california-launch-hydrogen-hub-expand-zero-emission-technology.  The California government’s official press release on the Hydrogen Hub was released 17 July 2024 at https://www.gov.ca.gov/2024/07/17/california-launches-world-leading-hydrogen-hub/. Clean Technica produced an article about the Hydrogen Hub grant program that covers multiple states. This blog will follow Nikola and Hyla, which [...]

1. R2 is the coefficient of determination, which is the square of the Pearson correlation coefficient, r, the formula for which is ρ=β1(σx/σy), where β1 is the parameter estimate. ASCI and Unicode text does not have a circumflex, ^, on top of the β. For this documentation the objective is multiplatform long-term readability so an equation [...]

The U.S. Department of Labor shows the states with mandatory lunch breaks and the states with mandatory rest periods.  The national Conference of State Legislatures has a list of which states codified religious and personal belief vaccine exceptions. This article is to narrow down long a long term settlement plan based upon a critical factor, [...]

The number of science, technology, engineering, and math, STEM, jobs in the United States, shrank for the past three decades,1982-2012. The draw-down accelerated from 2000-2012. The highest occupational growth occurred among occupations with soft skills, with K-12 teaching and non-doctor health care support staff, such as nurses, technicians, and therapists. From 2000-2012, those in the [...]

Very good article on decision theory by James Jones, Professor of Mathematics Richland Community College.  The modes discussed are expect value (realist), also called the Bayesian principle, Maximax (optimist), Maximin (Pessimist), and Minimax (Opportunist).  They use the example of a bicycle shop choosing how many bicycles to purchase and sell.  The example is very good [...]

Upward Pull was a term used in marketing to describe the effects of people seeing advertisements that made them aspire. Examples including seeing a nice watch or a luxury vehicle in a magazine. Someone who may have to work for years for those items may see them and aspire to obtain them, despite them normally [...]