If you read the Fed’s consolidated financial statements for fun and take them seriously, you would learn that the Fed’s current leverage ratio is … … … 77:1. It’s just a number of course.
Category Archive for 'Fun Facts'
Female life expectancy in the U.S. is about 3 years longer than that for men. Females are more likely to attend, and graduate from, university, than men. Females are earning more doctoral degrees than men, even in 33 of the “hard science” STEM fields. Females are hugely less likely to be injured or killed on the job […]
from Tim Taylor. Here are some older thoughts on mine on taxing the rich more. And here.
When the objective historians go write down the legacy of this President, they are not going to talk about health reform (even if the ACA failed, it does capture the fact, and I think it is a fact, that reform is needed – I happen to think it lies in the deregulatory side coupled with […]
Today, the UN estimates that China produces about 18.9% of all global manufacturing output. Ignore whether this number has any meaning at all. Consider that in the mid-19th century, economic historians estimate that over 50% of all of the world’s goods were manufactured in England.
Readers are welcome to correct me – but isn’t it the case that when the “shutdown” is over that those workers who were “furloughed” will actually be receiving back-pay? That’s not exactly what a furlough is. When my brother-in-law is furloughed from his job (he works in an alternator factory) he doesn’t get back pay, […]
Our university President earns well over 35 times the salary of the cleaning staff in my building. And that ignores benefits and other perqs that are not part of compensation (such as having control of the pulpit). We can’t stand for that kind of inequality. Where has our sense of fairness and decency gone? And […]
I was perusing back issues of Scientific American at the library today and came across two interesting facts. Of course I cannot verify. (1) There is almost twice as much unused cropland in South American (over 400 mega hectares) than there is cultivated cropland in North America (2) There are 75 million hectares of unused cropland in […]
There are only two man-made structures clearly visible from outer-space. 1. The Great Wall of China 2. Fresh Kills Landfill – the world’s largest landfill. Of course, the Fresh Kills fill is now closed and is slated to become a park and recreation area in the middle of New York City – and will be three […]
All of the air we breathe, water we drink, food we are nourished with and earth we stand on is really just a complex chemical soup or gruel or what have you. Every last bit of it.