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What to look for if housing construction does forecast a recession

[unable to retrieve full-text content] – by New Deal democrat No data today, but since it is mainly a housing week, let me pick up on a topic I discussed at the end of yesterday’s post; namely, if housing does indeed forecast an oncoming recession, what should we expect next in that sector? To cut to the chase, ultimately we […] The post What to look for if housing construction does forecast a recession appeared first on Angry Bear.

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Industrial Policy

[unable to retrieve full-text content]Most certainly. the US was or is seeing the results of encouraging the return of manufacturing in various industries. I believe the semiconductor manufacturing was more the result of strategic need due to foreign influence in the market. Such could probably be said about the steel industry also. Subsidizing improvements in production by the government […] The post Industrial Policy appeared first on Angry Bear.

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Monetary developments in the Euro Area, september 2024. Quiet.

Like John Stuart Mill, I´m more interested in credit than in money. Developments in the amount of credit provided are much more instructive to the economist than data on money. Look at the graph below (no. 2 in the ECB press release) , a highly Post-Keynesian graph that originated from the pre-Euro Bundesbank and is now published by the European Central Bank. It shows that money growth in the EU is relatively moderate and, more interesting, caused by a combination of 1) lather large...

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Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.

This post is for my commonplace book. I have been reading Enrico Bellino and Gabriel Brondino's "Circular vs. one-way production processes: two different views on production and income distribution" (Review of Political Economy, 2024). Bellino and Brondino draw a distinction between a circular model of production and a one-way model. In the latter, a finite, dated series of non-produced inputs (for example, labor) results in the production of the output. This dichotomoy is distinct from...

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“Giving Up Is Unforgivable”

[unable to retrieve full-text content]– by Joyce James Civil Discourse  I’m not certain it’s possible to understand what happened in the 2024 election this close to it, beyond the undeniable outcome: Donald Trump will be the next president of the United States. For two weeks now, people have been trying to assemble the pieces of how we got here, […] The post “Giving Up Is Unforgivable” appeared first on Angry Bear.

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Immigration to the United States and Its Impact to the Federal Budget

[unable to retrieve full-text content]There has been much noise about immigration to the United States. Enough so as to have an impact on the last US election with people selecting an isolationist to be the president. At this time, the new president is discussing removing them from the United States. There are laws in place allowing immigrants to stay […] The post Immigration to the United States and Its Impact to the Federal Budget appeared first on Angry Bear.

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Ekonomisk politik och finanspolitiska ramverk

Ekonomisk politik och finanspolitiska ramverk Clarté Lund bjuder in till en samtalsserie i tre delar om visionär ekonomi. Det första panelsamtalet berör ekonomisk politik och det nya omtalade balansmålet i det finanspolitiska ramverket. Varför fick vi inte ett underskottsmål och vad för konsekvenser får detta för ett Sverige med enorma investeringsbehov? Med hjälp av sakkunniga panelister kommer vi att fördjupa oss i ämnet och reda ut vad som står på...

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What was Experienced in 1970 and 2020 in almost the Same Area

[unable to retrieve full-text content] Kenneth Ackerman commenting on his experience in May 1970 in Washington DC. While he was there, I was out -of – country during that time period. When I returned stateside and assigned to 10th Marines, we were trained in riot control. JIC the students and protesters became too rowdy. We were never called out which […] The post What was Experienced in 1970 and 2020 in almost the Same Area appeared first on Angry Bear.

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