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“some of them did vote to burn it all down. But if it all burns down, we burn too.”

[unable to retrieve full-text content]Timothy Snyder invites us to read; “Decapitation Strike (December)“ (Note to readers: I wrote this two weeks ago, on 15 November. This update accounts for things I have learned since, and for Trump’s further appointments, who confirm the thesis.) Each of Trump’s proposed appointments is a surprise. It is comforting to think that he is […] The post “some of them did vote to burn it all down. But if it all burns down, we...

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Capitalism and Democracy: The market is far more flexible than Christopher Caldwell imagines

from Dean Baker New York Times columnist Christopher Caldwell devoted his Thanksgiving piece to describing the German sociologist Wolfgang Streeck’s views on capitalism and democracy.  I have not read much of Streeck’s work, but as recounted by Caldwell, he gets many of the basic facts about the U.S. economy badly wrong. According to Caldwell’s account, capitalists were willing to sacrifice profits in the decades after World War II for stability. This meant less dynamism but allowed...

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Jail and Prison Populations Decreased Since 2019

[unable to retrieve full-text content]The Vera Institutes report on Jails and Prisons is accurate. I am basing this comment on what I know about them in the past. Obviously, things have changed over time. It is good to see a decrease. Perhaps they have found better ways to handle minor issues other than the county jail or state prisons. […] The post Jail and Prison Populations Decreased Since 2019 appeared first on Angry Bear.

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The Fall

[unable to retrieve full-text content]So many flaws, so many mistakes made; does America even deserve to exist? Does any country that would elect such a person president? Now twelve score and eight, this nation so boldly brought forth on this continent has, in the main, gotten better and better; until it didn’t.  That nation so many have loved so […] The post The Fall appeared first on Angry Bear.

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It will be up to the incoming Trump administration to decide

[unable to retrieve full-text content]Medicare Advantage Plans are notorious for denying healthcare treatments to plan subscribers. CMS is intervening by making a much-needed change to how Medicare Advantage plans decides on treatments needed by plan subscribers. Just a couple of pointers showing how MA has been serving it customers . . . the public. In the existing MA bidding […] The post It will be up to the incoming Trump administration to decide appeared first on Angry Bear.

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Real personal income and spending for October were all good; no special cause for concern yet about inflation

[unable to retrieve full-text content] – by New Deal democrat Let me finish catching up this week with a quick look at personal income and spending, which were reported on Wednesday. The “big” takeaway I’ve seen elsewhere is that inflation picked up, and maybe will complicate the Fed’s task. But I don’t see where it’s such a big deal. The […] The post Real personal income and spending for October were all good; no special cause for concern...

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Top 100 Economics Blogs

Top 100 Economics Blogs Mainstream economics has sadly made economics increasingly irrelevant to the understanding of the real world. Trying to contribute to making economics a more realist and relevant science, yours truly launched this blog in March 2011. Now, thirteen years later and with millions of page views, yours truly’s blog is ranked on Top 100 Economics Blogs. I am — of course — truly awed, honoured and delighted.

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Food Pricing Increases, Why?

[unable to retrieve full-text content]Food Prices Rose 28% In 5 Years. Here’s Why, – by Taryn Phaneuf NerdWallet No single factor can explain why food is so much more expensive now than before the pandemic. Food prices — which are up 28% since 2019 — remain high because of the combined impact of rising operating costs, supply-chain disruptions and […] The post Food Pricing Increases, Why? appeared first on Angry Bear.

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Being a class mongrel

Being a class mongrel We were working class, and you don’t lose that. Later on, I bolted on middle classness but I think the working-class thing hasn’t gone away and it never will go away. Quite a few of my interactions and responses are still the responses I had when I was 18 or 19. And the other things are bolted on and it is a mix. It is what it is, and a lot of people are like that. I’m a class mongrel. Melvyn Bragg Most people think of social...

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