[unable to retrieve full-text content]An interesting phenomenon occurred from 2020 – 2023. Hourly wage labor experienced increasing wages during the pandemic. A recent NBER report by David Autor, Arindrajit Dube, and Annie McGrew susply the data creating a foundation for the Labor v Salary words. To display I provided an additional graph besides the one shown by The Bulwark’s […] The post Hourly Wage Labor Benefited more, 2020 to 2023 than Salaried appeared first on Angry...

Peak Babies was in 2012. At this moment, we´re back to the level of forty years ago (and the most recent data may well be an overestimate). For the first time in centuries, cohorts entering the global labour market will soon be smaller than the cohorts preceding them. Even when there are significant differences in levels between countries, the years around 1970 were a turning point everywhere. In 1965, the relentless movement towards below-replacement human reproduction started....

[unable to retrieve full-text content]In 2006 Joel Garreau wrote “300 Million and Counting” in the Smithsonian. It was then we were at a replacement rate of 2.01. The nation was barely replacing itself.  November 20, 1967, the population of the United States passed 200 million. It had taken ~29 years to add 100 million more people to the US […] The post Population Growth Outcomes appeared first on Angry Bear.

Here is a list of books by Marxists that have stood the test of time. I am being impressionistic and probably idiosyncratic. I am more interested in analysis of what is than political organizing. What should be added? Removed? Frederick Engels, Anti-Dühring, 1877. I think German comrades learned Marxism during the second international more from this thick tome. I recommend other works for introductions these days. Vladimir Lenin, What is to be Done?, 1902. Lenin lays out a strategy and...

Reconsidering Central Bank Independence For anyone naive enough to believe that Central Bank governors’ work is based on solid evidence-based science  — forget it! What the newly broadcasted Swedish documentary Debt Fever convincingly demonstrates is that the work of Central Bank governors is little more than subtle storytelling charlatanry—and they know it themselves! In the documentary, Financial Times journalist Gillian Tett describes the work of central...

[unable to retrieve full-text content]Trump has promised to deport >10 million undocumented people living in the US. He justifies this by saying they are dangerous criminals. In fact, immigrants commit crimes at a *lower* rate than US citizens. He has announced his intention to deploy US troops in US streets to capture and detain people who are claimed to […] The post Undocumented labor: solutions, not scapegoating appeared first on Angry Bear.

[unable to retrieve full-text content]A typical serving of beef could eat up an entire day’s carbon budget. Maybe it is time to start thinking about other sources of protein and smaller cuts of meat. “Beef consumption is a global problem and meatwashing is making it worse” – presented by Lloyd Alter Carbon Upfront Jonathan Foley of Project Drawdown looks […] The post Beef Consumption appeared first on Angry Bear.

Sixty years ago Milton Friedman wrote an (in)famous article arguing that (1) the natural rate of unemployment was independent of monetary policy and that (2) trying to keep the unemployment rate below the natural rate would only give rise to higher and higher inflation. The hypothesis has always been controversial, and much theoretical and empirical work has questioned the real-world relevance of the idea that unemployment really is independent of monetary policy and that...

[unable to retrieve full-text content]I believe this to be self-explanatory. President Biden lowered premiums and expanded eligibility for ACA Healthcare. The new president never cared for the ACA and will do whatever he can to cause it to fail. One sure path is to make it expensive so people drop out. Read on . . . When the ACA […] The post ACA Market Place Subsidies appeared first on Angry Bear.

Die Schuldenbremse gefährdet die Zukunft der jüngeren Generation .[embedded content]