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...

[unable to retrieve full-text content]We eat a lot of different products that are packaged in plastic packaging. Plastic content leaches into the water we drink from product packaging and throwaway garbage. Unless you are filtering it out in some fashion such as reverse osmosis or another membrane type of filter, microplastic content can buildup in humans. ~~~~~~~ Scientists observe […] The post Associating Microplastics in Mice and Humans appeared first on Angry Bear.

Because of its treatment of capital. Other answers are possible. This post draws heavily on the work of Pierangelo Garegnani. I start with a (parochial) definition of economics: "Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses." -- Lionel Robbins (1932) The scarce means are the factors of production: land, labor, and capital. Land and labor are in physical terms, in units of acres and person-years,...

[unable to retrieve full-text content]For those who were duped into believing that DOGE is serious about defense budget cuts rather than centralizing control of spending and aligning spending with the political priorities of the Trump/Musk Administration, here’s Secretary of Defense Hesgeth: “Hegseth said beginning immediately, the Pentagon will pull 8% — or roughly $50 billion — from nonlethal programs […] The post There won’t be defense spending cuts...

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...

[unable to retrieve full-text content]It is very easy to disrupt a complex system and very hard to get it going again. Trump, Musk, and the Muskateers decided to limit overhead on NIH grants to 15% fearing that some of the overhead might get money to DEI deans. They also limited communication of government health agencies with the public. The […] The post Throwing a Wrench in the National Cancer Institute appeared first on Angry Bear.

[unable to retrieve full-text content]Trumps FTC believes the ABA is corrupt. Having been around enough attorneys in my lifetime, they are not corrupt. They are smarter than we are on legalities. Reading the first sentence of Trump’s FTC letter reveals their beliefs: “federal antitrust enforcers and the private antitrust bar have enjoyed a cozy relationship facilitated by the Antitrust […] The post Trump FTC Cuts Ties with American Bar appeared first on Angry Bear.

I don’t short the market anymore.

[unable to retrieve full-text content]– by New Deal democrat Let’s take our weekly look at jobless claims. These are a short leading labor market indicator. Also, it is likely that the firings in the federal labor force will shortly be reflected in this data. This week initial claims rose 5,000 to 219,000, while the four week average declined -1,000 […] The post Jobless claims: possibly the final “steady as she goes” report appeared first on Angry Bear.

[unable to retrieve full-text content]Both my dad and my father-in-law worked throughout their post-military careers at Y-12 in Oak Ridge. During the war, Y-12 was the site of uranium enrichment by the calutrons (K-25 was the gaseous diffusion plan, enrichment by gas chromatography). Having grown up in Oak Ridge, I’m quite familiar with its role in national security, unlike […] The post DOGE attacks national security appeared first on Angry Bear.