MAR 15 2015

Fracking is a Global and Local Issue

Miscellaneous

A recent story in City Journal suggests that Secretary of Interior Sally Jewell accurately observes that local environmental activists in California are opposing hydraulic fracturing based more on emotion than reason. More needs to be known about the full lifespan of water related to hydraulic fracturing and its impact upon groundwater before decisions to allow…

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JAN 19 2014

GDELT Suspended

Miscellaneous

Today, GDELT was down. A post dated 1/20/2014 obliquely explains. Update:  This morning (January 20, 2014), I received the following email reply in response to  my query about GDELT’s status: “Thank you for your query. The University of Illinois at Urbana-Champaign is not associated with G-DELT or any decisions about its status, however two faculty members…

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OCT 26 2012

Presidential Election Prediction

Miscellaneous

Using the regression methodology of Ray Fair (“The Effect of Economic Events on Votes for President,” The Review of Economics and Statistics, May 1978), I estimate a 51.78% Obama vote share in the Obama-Romney race.The election should be close, but Obama will probably be re-elected (note that Obama won 52.33% of the vote in 2008).

APR 06 2011

Peter Drucker on Management and, in Particular, Nonprofit Management

Miscellaneous

In The End of Economic Man: The Origins of Totalitarianism (1939), Peter F. Drucker argued that capitalism can generate economic development, but he believed that capitalism was bad as a underlying social system due to its “failure to establish equality by economic freedom.”  Drucker believed this is why the Germans and Russians chose socialism (although this was an ideology that Drucker…

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JAN 23 2011

Jobs Guru?

Miscellaneous

Obama has made a poor choice of Jeffrey Immelt as his “Jobs’ Guru,” also known as head of the Council on Jobs and Competitiveness (a new group that replaces the Economic Recovery Advisory Board). Immelt has said, “It should be our goal [to restore the 2 million jobs lost in the recent recession]…. Restoring manufacturing…

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