Tag Archives: history

[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.

[unable to retrieve full-text content]Some history on Senator Joe Manchin III. He has never met a lump of coal he did not like. There is money in the almost black gold. Twenty years of supplying the Grant Town power plant in West Virgina with low-grade coal mixed with rock and clay known as “gob.” And stymieing any interest in […] The post The Legacy of a Retiring Senator appeared first on Angry Bear.

[unable to retrieve full-text content]“Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense, has repeatedly criticized policies allowing gay people to serve openly in the US military, calling them part of a “Marxist” agenda to prioritize social justice over combat readiness.” LOL! I’m absolutely confident that Hegseth hasn’t read a word of Marx or Marxist economics. I’m equally […] The post Pete Hegseth knows nothing...

from Peter Radford  This is something I need to get off my desktop.  It’s just for fun … Asymmetry is the very beginning and end of an economy.  It’s the bumps that matter.  Explain them and you explain the economy.  After all the very notion of exchange presumes differences between those involved, and difference is just another way off saying asymmetry.  Sweep the bumps away with a broad brush of supposedly superb logic and you eliminate the very object of your study.  That is if your...

[unable to retrieve full-text content]Excellent recital on Russia by “Infidel at Infidel753“ Very often, those who understand an empire best are those who are subjugated by its power, or until recently were so.  A slave has a strong incentive to know the master’s whims and cruelties and strengths and weaknesses; he may well suffer greatly if he misjudges those […] The post Putin’s empire imploding appeared first on Angry Bear.

[unable to retrieve full-text content] – by New Deal democrat No economic news again today. Tomorrow we will get the CPI report for November. As to which, I have read a few posts in which the claim is made that inflation, especially core inflation, is picking up again. It certainly could happen, but in my opinion the evidence for such a […] The post The case for accelerating inflation is weak appeared first on Angry Bear.

[unable to retrieve full-text content]I’m old enough to remember Russia as the mother country to the Soviet Union. While the USSR was never a world-class economic power, it did punch above its weight as a military power under Stalin and for a couple decades after. Russia under Putin has been described as a gas station with an Army. Its […] The post Russia is not a global power appeared first on Angry Bear.

[unable to retrieve full-text content]I believe it was about 4-5 years ago, we decided to move from our of 2600 square feet on 2/3rds of an acre. We also wanted to get to some place warmer. We did eventually do both and not exactly where we wanted. The first year we went exploring in the areas around Phoenix and […] The post With a Decline in Interest Rates, Home Sales Went Up in October appeared first on Angry Bear.

[unable to retrieve full-text content]Robert Kutner has a paywalled article in The New York Review of Books about the history of free trade and the efforts since Trump’s first term to impose tariffs, particularly on China, beginning with the first Trump Administration. “Free trade ideology once aligned with America’s economic and security interests. After World War II, open markets […] The post The death of free trade? appeared first on Angry Bear.

[unable to retrieve full-text content]I forgot, today is December 7th, The day in 1941, the Japanese bombed Pearl Harbor in a surprise and unexpected attack. As many other men did, my dad served in the military onboard a destroyer escort. I can only imagine what he and others went through even though I am ex-military myself. Prof. Heather’s message […] The post The Day Of . . . appeared first on Angry Bear.