The Angry Bear

There is an interesting discussion about a topic where I know especially little: K-12 education. Within it, there is a narrow discussion about whether it makes sense to try to teach statistics to people who don’t know calculus. This is a clear question. However, it seems that the people who discuss it skip a much more basic question which is why mathematical statistics should be taught to high school students, and an even more basic question which...

How to track the Omicron variant in close to real time No economic data today, and Covid information is pretty useless because of lack of reporting over the weekend. I drafted a long piece about the state of the American consumer, which I’ve decided to put up at Seeking Alpha, since, hey!, why shouldn’t I earn some lunch money for it? I’ll post a link when one is available. But in the meantime let me drop this link by Dr. Trevor Bedford, an...

Blogger and Commenter RJS, MarketWatch 666, November’s consumer prices, October’s trade deficit, wholesale sales, and JOLTS The consumer price index rose 0.8% in November, as higher prices for food, energy, new and used vehicles, airline fares, and toys were only slightly offset by lower prices for information technology devices, hospital services and for vehicle insurance….the Consumer Price Index Summary from the Bureau of Labor Statistics...

Donald Boudreaux says this [quote begins here]: Fauci – further revealing his inhumanity – actually said this: [L]et’s take the holiday setting. You’re with your family. You have grandparents and parents and children. When you get vaccinated and you have a vaccinated group and you are in an indoor setting, you can enjoy, as we have traditionally over the years, dinners and gatherings within the home with people who are vaccinated.And that’s the...

Disposable time as a common-pool resource VIII — An ecological subject In “Foundations for Environmental Political Economy,” John Dryzek explored the prospects of an environmentalist economic subject, “Homo ecologicus,” as an alternative to the traditional rational actor or economic man. Dryzek criticized previous efforts at positing an ethical, environmentalist subject, saying they were flawed by wishful thinking and reductionism. The alternative...

Real average and aggregate wages continue decline in November; a sharp deceleration in the consumer sector now appears likely As you may already know, consumer prices increased 0.8% in November. In the past two months, there has been a re-acceleration in CPI, with the monthly numbers equal to earlier this year and the worst since the Great Recession:  On a YoY basis, consumer inflation is now the highest since the big Reagan recession...

I stumbled upon this article riding home yesterday. It is a pod cast called: On the Media. I catch it at times on my local NPR. Some very intriguing discussions are presented. This one is very timely considering the great dropout in the work force. Or, “resignation” as it is being called. It caught my attention because of what just might be a new interest in unions? Take this Job and Shove It: The article is about 1 hour long. It looks...

 by New Deal democrat Weekly Indicators for December 6 – 10 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. While stock prices made a new record yesterday, the more significant change this week was that Omicron most likely has already put a dent in peoples’ dining plans, as restaurant reservations declined significantly. Also, the weekly measure of consumer spending continues to be strong, even though real wages...

This post comes by way of Joel Eissenberg’s Facebook blog and is an edited recital of Juan Cole’s presentation at Informed Comment. “Stop Wall Street from Grabbing Traditional Medicare,” F. Douglas Stephenson __________ I am going to add to Joel’s depiction of the future as I too had heard of the coming attempt to force seniors into the commercial healthcare program – Medicare Advantage. This is the only time I will tie the words Medicare and...