Essays
I write about how economic, political, and cultural forces shape human life.
Essays below. Short posts in Notes.
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The Ground Shifted
The Bureau of Labor Statistics reported 130,000 new jobs in January 2026. The confidence interval on that number is plus or minus 122,000. That means the true gain could be as low as 8,000. It could be as high as 252,000. The headline was treated as good news. It is noise.