[unable to retrieve full-text content]Over my 40 something years, I spent much of my time in career in Supply Chain or certain aspects of manufacturing in different industries. The discipline I knew, learned, and was certified in could and was used by me to streamline what companies were doing at the time to their benefit of lowering costs or […] The post From the Middle Out and Bottom Up appeared first on Angry Bear.

[unable to retrieve full-text content]I’m seeing people attacking universities, particularly private universities, for accumulating large endowments while allowing their graduates to accrue education loans that saddle them with debt for years or decades and cannot normally be discharged by bankruptcy. Why aren’t these universities the lenders? Setting aside the question of whether it is in the national interest to […] The post The business model of modern universities...

[unable to retrieve full-text content]Perhaps, I am wrong? We have Trump and others deciding the livelihood of a nation’s population who have obviously walked a different path to success than those they are making decisions for today. In 2016, Trump first came to office as the Pres (in case you forgot). His taking office was the result of the […] The post The Economics of Killing Medicaid . . . appeared first on Angry Bear.

[unable to retrieve full-text content]The uninsured numbers dropped since the advent of the ACA. Lower costs would have been available if one Congressional Rep from Michigan had not interfered. I will find that information and add it. Still 26 million uninsured in the US. The State of Health Insurance in America, Econofact, Mark Shepard The Issue: Universal access to […] The post Healthcare in the United States appeared first on Angry Bear.

[unable to retrieve full-text content]I am sitting out here in Arizona watching the Semiconductor plants being built. The one we are closest to has been going on for two years now. I am going to guess it is near completion. TSMC Arizona’s first fab is on track to begin production leveraging 4nm technology in first half of 2025. Upcoming […] The post US-China Decoupling appeared first on Angry Bear.

I have thought about what would be the minimal structure of an example that combines extensive and intensive rent. I want to include a commodity produced without land, as well as an agricultural commodity. This post considers a simpler example. An analysis of extensive rent includes the identification of the order of efficiency and the order of rentability, given the wage or the rate of profits. I take the concept of these orders from Alberto Quadrio Curzio. Can these orders be defined in...

Svensk penningpolitik — en intellektuell hönsgård Om man i en demokrati skall överlåta viktiga beslut till experter bör detta bygga på att det faktiskt existerar en någorlunda säkerställd kunskap hos den kår av experter som skall fatta besluten. När det gäller penningpolitiken visar den omfattande debatten inom ekonomkåren att så inte är fallet. Man kan jämföra det rådande kunskapsläget inom penningpolitiken med en situation där man som förälder kommer med...

Economics is often described as the dismal science, but it’s more apt to call it the mystical science. For generations, the field has been ruled by aphorisms that sound profound but crumble under scrutiny. These sayings, like “tighten your belt in tough times” or “the market knows best,” are not neutral observations. They are myths crafted to justify particular views of how society should be run—views that often prioritise the interests of the few over the many.Take monetarists, for example,...

[unable to retrieve full-text content]Hudson & Wolff on the geo-political pressures emanating through South Korea, Ukraine, Europe. Its through wide lense discussions like this that we recognise how inter-connected the world is! The post The Irony of Calling the Opponents of Nazism Nazis first appeared on Michael Hudson.

[unable to retrieve full-text content]Capital Gains: Realization Does Not Matter – by Steve Roth Wealth Economics You’re looking at your asset portfolio and decide to sell or buy some ETF shares. Click. The transaction is a dollar-for-dollar asset swap between you and your counterparty, at current market prices: M assets (bank deposits) in exchange for ETF assets, and vice versa. Equal […] The post Capital Gains: Realization appeared first on Angry Bear.