Tag Archives: US/Global Economics

Reversing extreme wealth concentration means going after property income. Originally Published at Wealth Economics Economists and pundits have been cheered of late by the labor-share increase during the first couple of years of the Covid era. And even, for a moment, lower-income workers were making progress vs higher-income folks. This is good news. In the long view, though, these happy developments are just a minor blip in the half-century...

Wikipedia: The Big Mac Index is a price index published since 1986 by The Economist. It is an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It “seeks to make exchange-rate theory a bit more digestible. The index compares the relative price worldwide to purchase a Big Mac,...

Another site has a long article on Toyota of it not going whole hog into electric vehicles in the beginning. Meanwhile domestic US automotive companies are proving out the technology with their models. Beyond mentioning the article, I will not delve into its content. That is other than saying it exists and may be a good read. To me, staying with Hybrids is a sound decision by Toyota. Wait till the technology is proven with EVs before jumping into...

We did not see many Cubans come over the fence to escape to the Naval Base known as GITMO. It was just not possible as the fence surrounding GITMO was watched closely by the Cuban military. The history behind the designation of GITMO is derived from a bit of history – 1917. In 1917, sugar plantation owners who feared a military insurgency asked the U.S. to station Marines at the base. From then on, Guantanamo Bay became a crucial hub of...

I was stationed in Cuba at GITMO for almost a year. Came back stateside every 4-5 months. I could not tell you much about the country itself. We did get people coming over the fence to escape. Not sure what happened to them. I think it is about time we loosen up on this island. They are not much of a threat. The embargo plays out on the Cuban population mostly. Other countries are not looking kindly on the US embargo of Cuba. There is not much...

Renewables 2023, Analysis and forecast to 2028. IEA, Paris Executive Summary I did this before with the IEA. Sent the IEA a few emails establishing what Angry Bear could and could not use. Attributing the analysis I have posted here was one of the requirements. With their permission, I can bring to Angry Bear much of what is going on in the globally in the area of energy. They asked that I do not report on oil as companies pay for the reports....

Is More Work Better? Think Again? The freedom of free time, branded as unproductive “leisure,” gets no respect. Originally published at Wealth Economics This post is prompted by a recent tweet from the excellent Joey Politano, but it’s not singling out Joey in particular. “We could be working so much more.” It’s hard to come away with any other message. This tweet’s just one example of a lurking, largely unspoken, and quite likely...

This will be a long boring post amplifying on my slogan “asymptotically we will all be dead.” I assert that asymptotic theory and asymptotic approximations have nothing useful to contribute to the study of statistics. I therefore reject that vast bul of mathematical statistics as absolutely worthless. To stress the positive, I think useful work is done with numerical simulations — monte carlos in which pseudo data are generated with pseudo...

Weekly Indicators for February 12 – 16 at Seeking Alpha  – by New Deal democrat I am back from my travels, so it’s time to catch up. There’s no significant economic news until tomorrow, but in the meantime I neglected to link to my weekly high frequency indicator wrap-up, which was posted at Seeking Alpha. As usual, if you haven’t already done so, clicking over and reading will bring you up to the virtual minute on the economic data and...

Topical Emails from all different sites. Pulled from my In-Box and which I have no time to write about. Thinking, they still may be of interest to readers who visit Angry Bear. Please be topical or at least close. Healthcare Neighborhoods And Health: Interventions at the Neighborhood Level Could Help Advance Health Equity, Health Affairs. Mariana C. Arcaya, Ingrid Gould Ellen, and Justin Steil. Housing is tied to neighborhoods. To understand...