[unable to retrieve full-text content] – by New Deal democrat With the update on inflation earlier this week, let’s take a look a real average wages and real aggregate payrolls. Plus there is a significant update to my yellow flag caution on the employment situation. First, nominally nonsupervisory wages rose slightly under 0.3% in November, while consumer prices rose slightly […] The post Good news on real aggregate payrolls, but an additional yellow flag on jobs...

Today (December 13, 2024), MMTed releases Episode 9 in the Second Season of our Manga series – The Smith Family and their Adventures with Money. Have a bit of fun with it while learning Modern Monetary Theory (MMT) and circulate it to those who you think will benefit.William Mitchell — Modern Monetary TheoryEpisode 9 (S2) of the Smith Family Manga is now available – the Prime Minister embarrasses himselfBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and...

[unable to retrieve full-text content]It’s bad enough that RFK Jr, the Trump nominee to head HHS, is spreading lies about water fluoridation. He’s also vetting federal health officials based on their willingness to question life-saving vaccines. “Aaron Siri, the lawyer helping Robert F. Kennedy Jr. pick federal health officials for the incoming Trump administration has petitioned the government to […] The post Investing tip appeared first on Angry Bear.

John Cassidy on Donald Harris in the Mew Yorker. Dean Dettloff on The Catholic case for communism in America. Enrico Bellino and Gabriel Brondino, Circular vs. one-way production processes: two different views on production and income distribution, in Review of Political Economy. I want to recall this for my work on Hayekian triangles. Bob Murphy and David Glasner on the Sraffa-Hayek debate. (They spend to much time on monetary policy before getting to the debate.) Leland Yeager and...

[unable to retrieve full-text content]Commentary: Trump’s pick for education secretary shows he understands the assignment, Erika Donalds, The Heritage Foundation There are answers to this author’s commentary. I will wait for another time to discuss student loans and private education in the US at the expense of a public education. Commentary: Trump’s pick for education secretary shows he understands […] The post How is my Hair??? appeared first on Angry Bear.

[unable to retrieve full-text content]Applications are “carefully reviewed” by a legal team to determine eligibility for debt cancellation, yep! What does continuous growing Student Loan Debt look like today? Federal Student Loan Portfolio by Age. The chart below only shows the last 4 years by Quarter. President Joe Biden has been attempting to grant relief to students. This is […] The post Navient Student-loan Borrowers Cancellation Special . . . appeared first on Angry Bear.

Pretending that the distribution of income and wealth that results from a long set of policy decisions is somehow the natural workings of the market is not a serious position … Pretending that distributional outcomes are just the workings of the market is convenient for any beneficiaries of this inequality, even those who consider themselves liberal … But we should not structure our understanding of the economy around political convenience. There is no way of escaping the fact...

[unable to retrieve full-text content]How the Vinyl Record Revival Is Spinning Into the Future, Norbert Sparrow, Plastics Today, Norbert Sparrow Good take om the revival of records. That is if you remember 78s and 45s. But today’s vinyl is not the same as that used to press Michael Jackson’s Bad, the best-selling album that year. Just as music has evolved […] The post Vinyl Record Revival appeared first on Angry Bear.

IMOGEN CUNNINGHAM: Roi had to restrain himself on art because after the birth of the twins he was at Foster and Kleiser, billboard advertising. Because they knew that I had a camera and was a photographer, they asked him to do billboards. You know, to go out and photograph them. He did very good shots. And all I could see of it was from Twin Peaks. He would tell me in what direction the light was. I guessed at the exposure. He did it on 4 x 7 film and he did a darned good job. He took it...

[unable to retrieve full-text content]– by New Deal democrat As is so often the case this time of year, seasonality likely played havoc with this week’s new jobless claims. Last year Thanksgiving was November 23rd; this year it was the 28th, putting it in a different week for many statistics. So the jobless claims this morning were for the […] The post Jobless claims: seasonality strikes again appeared first on Angry Bear.