Like many others, we use Costco to buy bulk things or special items such as this new screen I have plugged my laptop into. This morning, I am looking at the myriad of emails (many of the junk) and clicked on the latest Costco addy to see what they are hawking. Voila . . . a solar powered generator. This one is made by Anker (of phone battery charging fame), sold at Costco, and at a discounted price of ~$3700. There are some issues with...

Unleashing the Power of Minsky!

Interest Rate increases to fight perceived inflation or not fight perceived inflation? Big believer in the cause of much of the inflation being deliberate supply chain planning to increase prices. Have not seen a deliberate price increase yet which will fix a supply chain. Poor or deliberate planning creating issues, a lack of knowledge on supply chains, and invalid sourcing. Pick one. Similar occurred in 2008-10 and it raised its ugly...

Unveiling the Cult of Efficiency

Chances are everyone pays for Preventative Care in the overall cost of a policy. There is no obvious cost sharing. This is ridiculous argument on the part of the anti this and that healthcare insurance companies and those who believe the government goes too far in healthcare and then denies the care. Another Bad Moon Arising with SCOTUS “traditionalism” interpretation of the Constitution. What would they do in 1776? ~~~~~~~~ The rightwing...

Bonddad Blog  – by New Deal democrat No economic news today, so let me take a look at the supposed killer recent GOP meme that they claim is completely unanswerable: “Are you better off today than you were four years ago?” This is based primarily on consumer sentiment reading as well as polling that has consistently shown that most people think that the economy is poor, even though they rate their own situation as doing well. Dan...

AB: I was searching for a clear, brief, and understandable explanation of how the pharma industry works in delivering pharmaceuticals to patients. This article is one of the better ones out there and has a good and reasonable explanation on how the system works with prices, rebates, etc. A quick email to Antonio and I was given permission to use their commentaries. First in a series. It is not terribly long and the words give meaning to the charts....

Methodology — the main problem with mainstream economics The basic problems mostly originate at the level of methodology, and in particular with the current emphasis on methods of mathematical modelling. The latter emphasis is an error given the lack of match of the methods in question to the conditions in which they are applied. So long as the critical focus remains only, or even mainly or centrally, at the level of substantive economic theory and/or...

Let’s just start with the acknowlegement that most of the internet is porn. Make of that what you will. I ignore it. For the residual, well, there’s Facebook. I haven’t been sent to FB jail recently, so I am favorably disposed towards it. I get all my news online these days, so I like it for that. And thanks to my university, I have access to all the published scientific literature (and other journals) online, just a couple of clicks away. Don’t have...

Banking Truth Unlocked in Short