[unable to retrieve full-text content]“Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense, has repeatedly criticized policies allowing gay people to serve openly in the US military, calling them part of a “Marxist” agenda to prioritize social justice over combat readiness.” LOL! I’m absolutely confident that Hegseth hasn’t read a word of Marx or Marxist economics. I’m equally […] The post Pete Hegseth knows nothing...

Blog Homes for Us summit 2024: what are the next steps in the fight for housing justice? Almost 100 housing activists came together at the Homes for Us summit - here's what they thought the priorities should be for the housing movement By Abi O'Connor, Homes for Us Alliance 12 December 2024...

[unable to retrieve full-text content]as Joe Manchin, Sinema Block Biden NLRB Nominee AB: I never had much respect for Joe Manchin. Just another rich guy out of West Virgnia. Perfect article about Joe’s reign in WV since 2010 “What has Joe Manchin done for West Virginia?” The answer to that question is not much unless it benefited him or […] The post ‘Crushing Blow to the Labor Agenda’ appeared first on Angry Bear.

[unable to retrieve full-text content]Dennis Drew discussing labor and why the US does not have more union labor. Higher minimum wage — bunk!  Unions systemically squeeze out the maximum price consumers are willing to pay for their labor. Any lower price should be taken as a unionless discount — I wish I could make up an “official sounding” term […] The post Make Democracy Work Again: mandate cert/recert/decert union elections appeared first on Angry Bear.

[unable to retrieve full-text content]Not an article by The Economist. Indeed, an article reporting on The Economist piece as written by La Vanguardia. A positive take on The Economist article. As reported, Spain achieved the best economic results of any nation with the exception of GDP per capita over the last year. Not everyone is in agreement. But all […] The post Spain as the best economy in the world for 2024 appeared first on Angry Bear.

[unable to retrieve full-text content]The U.S. economy posted a solid though slightly disappointing (?) period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown. With the expectation of attempting to slow inflation, I would think a 2.8% rate of growth would be welcome in light of the Fed waiting […] The post U.S. economy grew at a 2.8% pace (second estimate) appeared first on Angry Bear.

Sergio Cesaratto Morality and Alternative Economic Theories in Ancient History Studies: a Review ArticleWorking Paper DEPS, USiena n.923 - Dicembre 2024 Abstract The book "Models, Methods, and Morality" discusses moral values in the field of ancient economic history, where neoclassical hegemony in the form of the New Institutional Economics has progressively gained ground. The book mainly criticises mainstream economics for focusing on quantitative growth without much regard to its...

And I don’t necessarily mean in a good way.

I wrote this for a Guardian panel. The published version was cut for space reasons, so here’s the full version The central concern expressed by the Reserve Bank in defending its high-interest rate policy is that expectations of higher inflation may become entrenched, requiring a further, more painful round of contractionary monetary policy in the future. Even after stripping out the effects of various “cost of living measures”, the RBA’s estimated core inflation rate is only just...

[unable to retrieve full-text content]November consumer inflation remains well-contained except for the two most lagging sectors of shelter and transportation services – by New Deal democrat Let me pick up where I left off yesterday discussing trends in consumer prices. One thing I have done every month for the last couple of years is to review all the categories […] The post November Problem Inflation Sectors? Shelter and Transportation Services appeared first on Angry Bear.