Nice Evening Read. I am not a big believer in tariffs. However, as it is today and from the seventies, domestic companies have relocated to countries to escape avoid associated Labor and Domestic costs prevalent in the United States. Cost such as healthcare, OT, work conditions, Workman’s Comp, SS, etc. and there are issues such as child labor, etc. It is purposeful avoidance I am hoping the tariffs will apply to those companies as well as...

Before we know the answer to that there’s one thing we need to watch. 

 – by New Deal democrat To reiterate my Big Picture theme for this year, now that the supply chain tailwind has ended, will the effects of the 2022-23 Fed rate hikes drag the economy down towards recession at last, or will there be a “soft landing” (or no landing at all) instead, because interest rates have not increased in the past 12+ months? As a result, I am focusing most heavily on the leading sectors of manufacturing production and...

In Memory of Andre Gunder FrankA slightly edited version of this article first appeared in the Economic & Political Weekly on 11 May 2024.Economic GenocideThe concept of economic genocide originated in an article published in 1976 in this journal [Economic & Political Weekly]. In his open letter titled “Economic Genocide in Chile: Open Letter to Milton Friedman and Arnold Harberger,” Andre Gunder Frank (1976) gave a brief summary of the Chicago-style economic policy the military...

The only profitable short term traders have an edge, and you don’t have an edge.

Blog The aviation industry claims more flying is essential for the economy, the numbers say otherwise Latest data shows that in 2023, there were 3.9 million fewer business air trips compared to 2019 By Alex Chapman 24 May 2024 This week I attended...

No book-length biography of D. G. Champernowne exists, as far as I can see. Even his Wikipedia page is quite terse. Yet he advised and participated in important twentieth-century intellectual developments. From Hodges biography of Alan Turing, I learned that 'Champ' was a friend of his. Champernowne did early work in programming chess-playing algorithms, along with Turing and Claude Shannon. Game-playing is one of those disappointing applications of Artifical Intelligence. What seems to...

I decided to take a break from the recital of numbers on the economy, energy, or population and look elsewhere for something to feature. I spent some time at Slate’s The Best of the Fray. It was heavily populated with people who could really discuss the issues and the law. Not so numbers oriented like myself. Dahlia Lithwick was the legal expert then and even now at Jurisprudence. Her latest is on Sam Alito who is supposedly a Justice at...

Εκδήλωση – συζήτηση  Σάββατο 25/5, 6.30μ.μ., ΚΑΠΗ Πόρτο – Ράφτη Θα μιλήσει : Σταύρος Μαυρουδέας, Καθηγητής Παντείου, υποψήφιος στις ευρωεκλογές Θα ακολουθήσει συζήτηση με συμμετοχή και άλλων υποψήφιων.  Ευρωεκλογές: ψηφίζουμε ΑΝΤΑΡΣΥΑ – Ανατρεπτική Συνεργασία  ...

Angry Bear is fortunate to have amongst its stable of writers, New Deal democrat. I can always count on his having a commentary on a daily basis. If you have not been following his reports on the economy, you should be. A double header today. New home sales: all of the shoes have dropped except one . . .  – by New Deal democrat I am departing from my typical recap of new home sales this month. There is an important turn that was...