The Angry Bear

I spent some time today adding to this piece in the hope of making it clear in explanation. What is occurring is many entities are using software which compares its pricing to what the market will bear. No one knows the others adding their data. However, the end result is what is being charged is particular markets for similar products. So, companies adjust their pricing. We’re Entering an AI Dystopia, by Rogé Karma The Atlantic If...

Milwaukee is developing the world’s tallest timber tower . . . again | CNN Commenter Bob Michaelson recently posted on Joel Eissenberg’s post Getting High on Wood . . . What Bob was pointing to in his comment was Milwaukee, WI build of another Timber Tower skyscraper building type made of wood. Presently, a mass timber hybrid high-rise apartment building also in Milwaukee, Ascent MKE is a 284-foot, 25-story high-rise. It is the world’s tallest...

Just finished reading an Economist article on education or the lack thereof in high schools. They are not picking on US high school but instead used an example of the short comings in England schools. I am older so definitely we were taught in a different manner. Learning vowels in grade or grammar school was a big deal. One of my short comings which I slowly picked up later in life. The topic and problems of education becomes clearer in the...

Peat bogs capture much more carbon per acre than forests. Currently, peatlands store twice as much carbon as all the world’s forests . One problem is that they are being drained to free up the land. (also but I think less importantly peat and non-rotten sphagnum moss are harvested for gardening). Various sources (most or all of which seem to be advocacy organisations – yes there are pro-bog advocacy organizations) claim that this causes 10% of global...

 – by New Deal democrat My detailed “Weekly Indicators” post is up at Seeking Alpha. There were two noteworthy events this past week. First, the 10-year minus 2-year Treasury spread briefly normalized during the week, on Wednesday, and ended the week only inverted by 1 basis point (.01%). Second, almost *all* of the coincident indicators are now positive. As usual, clicking over and reading will bring you up to the virtual moment as to the...

The big lie about immigration, promoted by the GOP and its right-wing propaganda outlets, is that under Biden the US has had “open borders.” LOL! Nowhere close. And the US hasn’t had open borders at least since the Chinese Exclusion Act of 1882 that prohibited all immigration of Chinese laborers for ten years. The law remained in force until the passage of the Magnuson Act in 1943.So is immigration good or bad for America? In his new book, “The truth...

There are dangers involved in the manufacture of some medical supplies. Most companies will take adequate protection of the process to manufacture. At times the safety measures do become outdated as the manufacturing process changes due to new product. Then it becomes a matter of cost to improve safety measures. The article states ethylene oxide usage was in 2003. I believe I can vouch for its usage back to the mid-seventies. As the story...

We have been playing brinksmanship the last 30 days as to when it is a good time to reduce the Fed Rate taking your foot off the bake so to speak. If you read New Deal democrat’s latest report . . . “The monthly personal income and spending report is now the most important report of all, except for jobs. That’s because it tells us so much about the state of the consumer economy. In short, this was an excellent report (July personal income and...

“FTC Previews Hard Evidence of Harms While Kroger and Albertsons Dangle Unenforceable Promises in Merger Hearing Opening Arguments,” Economic Liberties Kroger and Albertsons Dangle Unenforceable Promises in Merger Hearing Opening Arguments. Noteworthy in Day 1 of the hearing is Kroger uses Albertson’s pricing as the high mark to set its pricing between it and WalMart on the low end. It would seem such a combination of both stores would...

Abolishing the Super Rich is a research piece, a book, and an opinion commentary by Tom Malleson. Associate professor Tom is at King’s University College at Canada’s Western University. Tom gives us a peek into his book entitled Against Inequality: The Practical and Ethical Case for Abolishing the Superrich (2023). The commentary/review of content reads nicely and the professor has his points in a row. Since we are an economics blog which touches...