Former Japanese PM Abe Shot Dead During Speech, “Frustrated” Assassin Arrested

Update (0930ET): President Biden released a statement Friday morning on the assassination of former Japanese Prime Minister Shinzo Abe. Biden said he was “stunned, outraged, and deeply saddened” by the news.  Here’s President Biden’s full statement: I am stunned, outraged, and deeply saddened by the news that my friend Abe Shinzo, former Prime Minister of… Continue reading Former Japanese PM Abe Shot Dead During Speech, “Frustrated” Assassin Arrested

What is Stock Market Seasonality?

Seasonality is when things change in data in a repeatable and predictable manner. Like summer heat and winter cold, data too, has “seasons” which repeat itself predictably.  There’s seasonality in most datasets, especially in the financial and economic fields. Look at any economic statistic published by the government and you’ll often see the headline figure… Continue reading What is Stock Market Seasonality?

A Proposed National Agreement on Abortion

Although it may seem counterintuitive, the Supreme Court’s ruling in Dobbs v. Jackson Women’s Health Center may ultimately help secure a woman’s right to an abortion. By extinguishing Roe v. Wade’s constitutional abortion rights, the court has created the acute need for a national compromise, which can lead to landmark legislation on abortion, and other… Continue reading A Proposed National Agreement on Abortion

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Hugo Duminil-Copin Wins the Fields Medal

Mathematicians want to understand how the system behaves below, at and above that critical point. But until around 2008, percolation theory was mostly limited to pinning down the details of the simplest model of percolation, called Bernoulli percolation. It wasn’t until Duminil-Copin made it his mission to extend that understanding to other percolation models that… Continue reading Hugo Duminil-Copin Wins the Fields Medal

Wall Street Stunned As June Payrolls Unexpectedly Smash Expectations As Labor Force Shrinks, Household Survey Tumbles

With even permabull economists conceding that the US economy is slowing rapidly and today’s payrolls report should show a big slowdown, moments ago the BLS confirmed yet again that the monthly payrolls number is nothing but a politically mandated homework assignment (where trends only change when someone gets a tap on the shoulder), when –… Continue reading Wall Street Stunned As June Payrolls Unexpectedly Smash Expectations As Labor Force Shrinks, Household Survey Tumbles

In Appreciation of Harvey Mansfield at 90

This is based on a July 6 talk for a panel, “Tocqueville and America” at “Harvey Mansfield at 90: A Conference on Major Themes of His Work,” sponsored by the American Enterprise Institute and the Foundation for Constitutional Government. In 1990, I arrived at Harvard’s Department of Government as a young assistant professor. It was… Continue reading In Appreciation of Harvey Mansfield at 90

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Number Theorist James Maynard Wins the Fields Medal

In 2013, one of the best — but also one of the worst — things that can happen to a mathematician happened to James Maynard. Fresh out of graduate school, he solved one of the discipline’s oldest and most central problems, about the spacing of prime numbers. It was an achievement that ordinarily would have… Continue reading Number Theorist James Maynard Wins the Fields Medal

Biden Signs Executive Order In Attempt To Safeguard Abortion Access After Flood Of Criticism

The Biden administration is desperately attempting last-ditch efforts at protecting legal access to abortion in the wake of the Supreme Court’s monumental overturning of Roe v. Wade, with  the President signing an an executive order Friday aimed at “protecting access to reproductive health.” Despite Biden calling the court’s decision a “tragic error” – fellow Democrats… Continue reading Biden Signs Executive Order In Attempt To Safeguard Abortion Access After Flood Of Criticism