[unable to retrieve full-text content]Sometimes, even a seasonally-adjusted picture from FRED is worth a thousand words. In three years–three good economic years–the number of Software Developer jobs listed on Indeed has fallen just over 70%. If there were ten jobs listed three years ago, there are almost three listed now. Note that most of the drop was before all […] The post Just Learn to Code appeared first on Angry Bear.
Read More »The business model of modern universities
[unable to retrieve full-text content]I’m seeing people attacking universities, particularly private universities, for accumulating large endowments while allowing their graduates to accrue education loans that saddle them with debt for years or decades and cannot normally be discharged by bankruptcy. Why aren’t these universities the lenders? Setting aside the question of whether it is in the national interest to […] The post The business model of modern universities...
Read More »Debunking mathematical economics
from Lars Syll It is a great fault of symbolic pseudo-mathematical methods of formalising a system of economic analysis … that they expressly assume strict independence between the factors involved and lose all their cogency and authority if this hypothesis is disallowed; whereas, in ordinary discourse, where we are not blindly manipulating but know all the time what we are doing and what the words mean, we can keep “at the back of our heads” the necessary reserves and qualifications and...
Read More »Public vs Private Wealth – Breaking Free
[unable to retrieve full-text content]A More Democratic Economy A 1787 newly minted United States of America wasn’t far removed from an old Europe where not so long before all property belonged to the crown or state; where only a hundred years or so earlier John Locke had first defended the idea of private property at a time when most […] The post Public vs Private Wealth – Breaking Free appeared first on Angry Bear.
Read More »Student Loan Debt Forgiveness
[unable to retrieve full-text content]Can President Biden cancel student loans? Why not? Newly elected President Trump has every intention to pardon the October 6th insurrectionists. Most of the loans depicted in the graphs have been recast into new loans having the interest rolled into them. It created a misconception of these being new loans instead of older loans. This […] The post Student Loan Debt Forgiveness appeared first on Angry Bear.
Read More »How is my Hair???
[unable to retrieve full-text content]Commentary: Trump’s pick for education secretary shows he understands the assignment, Erika Donalds, The Heritage Foundation There are answers to this author’s commentary. I will wait for another time to discuss student loans and private education in the US at the expense of a public education. Commentary: Trump’s pick for education secretary shows he understands […] The post How is my Hair??? appeared first on Angry Bear.
Read More »Navient Student-loan Borrowers Cancellation Special . . .
[unable to retrieve full-text content]Applications are “carefully reviewed” by a legal team to determine eligibility for debt cancellation, yep! What does continuous growing Student Loan Debt look like today? Federal Student Loan Portfolio by Age. The chart below only shows the last 4 years by Quarter. President Joe Biden has been attempting to grant relief to students. This is […] The post Navient Student-loan Borrowers Cancellation Special . . . appeared first on Angry Bear.
Read More »Spain as the best economy in the world for 2024
[unable to retrieve full-text content]Not an article by The Economist. Indeed, an article reporting on The Economist piece as written by La Vanguardia. A positive take on The Economist article. As reported, Spain achieved the best economic results of any nation with the exception of GDP per capita over the last year. Not everyone is in agreement. But all […] The post Spain as the best economy in the world for 2024 appeared first on Angry Bear.
Read More »Solutions for a salty future
[unable to retrieve full-text content]One of David Zetland’s students who posts to his Blog The one-handed economist. Each year Prof. Zetland allows some of his students to write on various topics and he posts their words on his site. You can either comment here on AB or post to David Zealand’s site. The link is above. Pleease be polite. […] The post Solutions for a salty future appeared first on Angry Bear.
Read More »Plight of School Bus Drivers
[unable to retrieve full-text content]The numbers of school bus drivers decreased by 12.5% from 2019 till 2024. Low pay has been much of the factor in driving the shortage. School bus driver earned 43% less than the median weekly wage for all workers. The shortage is a result of more than a decade of disinvestment in these workers and […] The post Plight of School Bus Drivers appeared first on Angry Bear.
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