Tag Archives: US/Global Economics

Before you go on a bender claiming it is not true. It is true. Your costs of inventory and transportation are high. Three weeks on the ocean plus one week on the dock on each side of the ocean. Transportation costs and time to the buyer. Container costs this last go around were as high as $10,000. Typically they were at $4,000 or less. Are you going to have 1 – 2 weeks of safety stock or are you going to cover the ocean in-transit time. What if?...

Just an old commentary from 2006 as written by Mark Thoma when he was writing Economist’s View. If you don’t know, Mark discontinued his writing there and retired. I see him now and then (or used to) on Facebook. Here he gives a bit of history on Adam Smith. “The Many Faces of Adam Smith“ This column by Alan Krueger from 2001 is a reminder that Adam Smith was not a “narrow, unyielding defender of unfettered free enterprise”: The many faces...

Dollar eases as Fed minutes offer few clues on rate cuts timeline, MSN, Markets Today Tags: monetary policy

“At the end of the day, remember, it is the demand that will decide and dictate what sort of energy source will help meet the growing global energy requirements.”  To end fossil fuels, “remember, it is the demand that will decide,” Carbon Upfront. Open Thread December 23 2023 Nippon Steel Purchasing U.S. Steel, Angry Bear ...

Been looking around for a few, new, and good writers to add to Angry Bear. I know we have Robert, New Deal democrat, and Joel amongst us now. I ran into Steve Roth since he posted to Tom Walker’s post. He is allowing me to poach from his new substack Wealth Economics and an older blog site Asymptosis. Happy about this as it allows me to write more freely too. Anyway, this commentary of Steves’ I like. Do We Wildly Underestimate GDP? Wealth...

Either in the beginning of our trip or at the end of the trip, we would end up in Bangkok, Thailand. Our stay was at The Landmark Hotel which to my knowledge was a Thai hotel and our plant(s) put us up there and on the Executive floor. Centrally located, it was easy to get to the plants and the airport. What you are looking at is the lobby. To the left of the picture, you can see the check in-out counter. Super polite and always smiling. If...

I promised a second entry in the series, Soft Landing this time it’s monetary. The question is why didn’t the FED’s monetary tightening cause a recession. There certainly was tightening, the Federal Funds rate rose from 0.07% to 5.33% There certainly were people who predicted a recession in 2023 (hey they still have 4 days so I am giving a hostage to fortune). Indeed some forecasters put the probability at 100%. Why ? First...

I have used SWI SwissInfo.ch for information a number of times in the past having gained approval to do so from time to time. Management had changed and I had to ask for permission to use their articles again. They were gracious enough to allow Angry Bear the opportunity to rebroadcast their reports in the United States. For that privilege, I am grateful. Who’s to blame for the demise of Credit Suisse? SWI swissinfo.ch, Keystone / Martin Ruetschi...

Kevin Quin at Econospeak brought this to our attention. In Memoriam: Robert Solow      One of the tallest trees in the economic forest has fallen:  Bob Solow has died at the age of 99. The modern study of economic growth could not have happened without his work, of course.  He was also one of the funniest economists I know. For years I have had the following quote from him on my office door,  which hilariously sums up his attitude to Lucas...

Each day, I get an array of emails in my In-Box offering up articles, what they think can be interesting reads, or junk. Some are hawking subscriptions too. I like to subscribe to news letters and magazines. The problem being, I never get a chance to finish reading them all. SCOTUS Billionaire Gifts to Thomas: Generosity or Taxable Income? levernews.com, Freddy Brewster, Lucy Dean Stockton, Katya Swank. If billionaires’ largesse was designed to...