Category Archives: Economics

Scope and purpose of economics

Randomized controlled trial limitations: a case study of vaccine efficacy in COVID-19 epidemiology

Randomized controlled trials (RCTs) are considered the “gold standard” in clinical medicine. Perhaps for this reason, health authorities all over the world have assumed the universal validity of RCTs and have not recognized that RCT results may not be valid … Continue reading

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Measure of vaccine efficacy relevant for COVID-19 epidemiology in the United Kingdom

The vaccine efficacy measure relevant for COVID-19 epidemiology, should be based on real-world data, not on clinical data which have data selection biases indicated in this paper.  Recent United Kingdom data suggest that age-dependent asymptomatic breakthrough cases and natural immunity … Continue reading

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Epidemiological impact of COVID-19 fully vaccinated population

The epidemiological impact of increased vaccination on COVID-19 pandemic is investigated by a study of the long-term cross-sectional correlation of 98 countries using the database of Our World in Data.  Higher percentages of fully vaccinated population are found in 94 … Continue reading

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MMT, Helicopter Money and Monetary Socialism

Previous blog posts on modern monetary theory (MMT) and helicopter money have led to the following interview with John Adams and Martin North of Digital Finance Analytics, shown on the YouTube channel In The Interests of The People:

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Economic Charlatans of Modern Money

Before the latter parts of the nineteenth century, no one understood the origins and causes of diseases, because the ideas of germs and bacteria were not fully conceived.  Medicine was not science.  There was no systematic account of diseases or … Continue reading

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