Podcasts Is the Labour government delivering on its promises? Ayeisha Thomas-Smith is joined by Grace Blakeley and David Edgerton 21 February 2025 Half a year ago, the Labour Party swept into power with a huge parliamentary majority and Kier Starmer celebrated by saying that the country could “get its...
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Dispensing with the US-centric financial system
Quick quiz. Suppose you read a headline in the online version of the Wall Street Journal (or NY Times etc) stating that, from now on, US Treasury bonds would be redeemed in crypto. Would your response be (i) That’s absurd. Either it’s April Fools Day or someone has hacked the website (ii) That’s unlikely. Surely [1] Wall Street will be able to kill this crazy idea (iii) That will be tricky. Which cryptocurrencies will be included and what will be the exchange rates? If your...
Read More »Here’s how I play market declines.
I don’t short the market anymore.
Read More »Whose growth is it anyway?
Blog Whose growth is it anyway? As mayors and councils prepare their local growth plans, the RORE programme looks at how a less extractive model would benefit us all By Tabitha Hamilton, Emmet Kiberd 20 February 2025 In...
Read More »What is heterodox economics?
New working paper published by the Centro di Ricerche e Documentazione Piero Sraffa. From the abstract: This paper critically analyzes Geoffrey Hodgson’s definition of heterodox economics as the refutation of the orthodox view that emphasizes utility maximization as its main theoretical core, and his view that it is the fragmentation of heterodox economics that explains its subsidiary role within the profession. Hodgson’s views led to a series of responses, that criticize his definition, but...
Read More »They’re coming for Social Security
[unable to retrieve full-text content]“Before President Donald Trump started mass layoffs of federal workers, he demonized them, arguing, despite evidence to the contrary, that most never went into the office. “As he moved to cut foreign aid, he and Elon Musk alleged widespread waste and abuse, although they offered little evidence to back up their claims and may simply […] The post They’re coming for Social Security appeared first on Angry Bear.
Read More »Wages Have Not Caught Up with Previous Inflation
[unable to retrieve full-text content]Some thoughts. If inflation is increasing at a lower rate than previously, the higher rate for previous years have set a higher level. There by, if salary increase is based upon the new lower inflation rate it will not equal or surpass the cost level already incurred. Indeed, unless costs stagnant or decrease, salary increases […] The post Wages Have Not Caught Up with Previous Inflation appeared first on Angry Bear.
Read More »Cannon ball don’t pay no mind . . .
[unable to retrieve full-text content]Though you’re gentle, or you’re kind. It don’t think ’bout folks behind . . . (miriam berg’s folksong collection). Neither does Trump pay much mind if you are Democrat or Republican, poor or rich, black or white . . . You are laid off or fired regardless. I guess you have to learn the hard […] The post Cannon ball don’t pay no mind . . . appeared first on Angry Bear.
Read More »I would love to hear Elon or Trump say one thing.
That all these “savings” will be given back to us.
Read More »Silence of the Lambs . . . Congress
[unable to retrieve full-text content]This has been taking shape for a while now. The either-or threat is coming soon enough. The wrong president is in place to contend with this. Otherwise, the president would be demanding Musk stop. Instead, the president is in support of Musk. Just waiting . . . Where is Congress and the Supreme Court? How […] The post Silence of the Lambs . . . Congress appeared first on Angry Bear.
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