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A Fiscal Policy in a Global Context?

[unable to retrieve full-text content]This is a good take on what has been happening with United States Fiscal policies impacting its economy. It does mention former President Trump’s 2017 tax break which targeted the upper 5% of taxpayers with substantial breaks. We should look further to the 2001 and 2003 Bush’s tax breaks which Obama extended for two years […] The post A Fiscal Policy in a Global Context? appeared first on Angry Bear.

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Jobless claims: neutral

[unable to retrieve full-text content]Jobless claims: neutral – with an extra grain of salt  – by New Deal democrat As I cautioned last weekend in my “Weekly Indicators” update, we have entered that period of the year where Holiday seasonality means take everything with at least a little grain of salt. For example, this year Thanksgiving was almost one […] The post Jobless claims: neutral appeared first on Angry Bear.

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Yes, they’re coming for Social Security

[unable to retrieve full-text content]During his campaign, Donald Trump “promised” not to touch Social Security and to veto and law that modified the program. That “promise” is about to be tested. “Lee’s attack has four basic components. One is to bemoan the fact that Social Security is funded mostly by a tax, which he asserts the government can use […] The post Yes, they’re coming for Social Security appeared first on Angry Bear.

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The contrarian addiction

[unable to retrieve full-text content]If you can tolerate a long commentary about Trump’s nominee to head the Food and Drug Administration, this is a good read. It would be hilarious if it were not true. Kind of like a joke? Except, it is for real. The contrarian addiction – by Merrill Goozner GoozNews Dr. Marty Makary, Donald Trump’s nominee […] The post The contrarian addiction appeared first on Angry Bear.

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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.

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The Minnesota 340B Report Is Out

[unable to retrieve full-text content]Explanation: The 340B Drug Pricing Program was designed to help patients access more affordable medicines. Since 1992 manufacturers have provided billions of dollars in steep discounts on outpatient medicines to safety-net clinics and qualifying hospitals expecting that those entities would use the savings to ensure vulnerable patients have access to needed medicines. But the 340B […] The post The Minnesota 340B Report Is Out appeared first on...

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Debunking mathematical economics

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 the...

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The history of econometrics

The history of econometrics There have been over four decades of econometric research on business cycles … But the significance of the formalization becomes more difficult to identify when it is assessed from the applied perspective … The wide conviction of the superiority of the methods of the science has converted the econometric community largely to a group of fundamentalist guards of mathematical rigour … So much so that the relevance of the research to...

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Uncertainty is nothing new for DACA recipients

[unable to retrieve full-text content]The population is on a path to shrink and the majority of the population will be elderly in some fashion or another shortly. US productivity is based on inputs from Labor without which there could be declines in such without younger Labor. The nation populated in the past is not on a path of replacement […] The post Uncertainty is nothing new for DACA recipients appeared first on Angry Bear.

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Konsten att leva

I alla moderna människors liv behövs det tid för andhämtning och reflektion. Och ibland — när alla möjliga och omöjliga måsten och krav från omgivningen bara blir för många och högljudda — kan det vara skönt att dra sig undan lite grand och slå av på takten för en stund. Alla har vi väl olika sätt att göra det på. Själv brukar jag gå in på SVT Play och titta på Gubben i stugan — Nina Hedenius underbara dokumentärfilm om den pensionerade skogsarbetaren Ragnars liv i Dalarnas...

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