Tag Archives: Featured Stories

Following up on my post from two weeks ago, Immiseration Revisited, I built a spreadsheet replica of the marvelous Chapman diagram. In addition to lines on the page, the replica provides me with tables of numbers that I can add, subtract, multiply and divide in accordance with the conceptual logic of the diagram. The chart below shows the results of some of these calculations. The red curve graphs cumulative gross “output” and green curve subtracts the value...

(Dan here…hat tip NDd for this post.  Very long and well worth reading) By Lambert Strether of Corrente Toward a Jobs Guarantee at the Center for American Progress (!) I had another topic lined up today, but this (hat tip alert reader ChrisAtRU) is so remarkable — and so necessary to frame contextualize immediately — I thought I should bring it your attention, dear readers. The headline is “Toward a Marshall Plan for America,” the authors are a gaggle of CAP...

Top 100 Economics blogs The Angry Bear blog is a very popular multi-author blog. This left-leaning blog provides incisive commentary on U.S./Economics, law and politics.

Via AngryBear Econ facebook page comes Dr. Robert Waldmann’s discussion of costs of healthcare and life expectancy  on Challenging Opinions. (among several others such as supply side economics…click the link above)

I’ve discussed the Credit Suisse Global Wealth Reports before, an excellent source of data for both wealth and wealth inequality. The most recent edition, from November 2016, shows the United States getting wealthier, but steadily more unequal in wealth per adult and dropping from 25th to 27th in median wealth per adult since 2014. Moreover, on a global scale, it reports that the top 1% of wealth holders hold 50.8% of the world’s wealth (Report, p. 18). One...

 by New Deal democrat A quick primer on interest rates and rate hikes With increasing speculation that the Fed will again raise interest rates this month, I thought I would take a look at how long term rates, and the yield curve, react. As most everybody who follows this stuff knows, in the last 60 years the yield curve has always inverted before the onset of a recession — which presumably means that it narrows before it inverts. But *how* does it...

by Joseph Joyce The Emerging Market Economies and the Appreciating Dollar U.S. policymakers are changing gears. First, the Federal Reserve has signaled its intent to raise its policy rate several times this year. Second, some Congressional policymakers are working on a border tax plan that would adversely impact imports. Third, the White House has announced that it intends to spend $1 trillion on infrastructure projects. How all these measures affect the U.S....

by Linda Beale Trump Administration Plays Havoc with Voice of America Did you know that the Republicans inserted a change to the administration of the Voice of America (VOA) network in the December military authorization ‘must pass’ bill?  The VOA has always been administered by a bipartisan broadcasting board of governors–distinguished nonpartisan media experts.  The change was to have the $800 million budget Voice of America run by a CEO appointed by and...

Focus Economics now lists Angry Bear in the A list. (Instead of The Angry Bear)

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