Cautionary Inflation Tale.

Cleaning out my In-Box of articles. Tried this a while back. There are a lot of daily topics I receive in my in-box. I do not get a chance to post about the topics after I quickly read them. Rather than just delete them, I thought I would post some of them at Angry Bear which may interest readers. ~~~~~~~~ Where and how do ACA marketplace enrollments happen? xpostfactoid, Andrew Sprung. Most enrollments on HealthCare.gov…aren’t on...

Initial claims rise, but remain below the caution threshold  – by New Deal democrat Initial jobless claims rose 13,000 to 231,000 in the past week. The 4 week moving average increased 7,750 to 220,250. With a one week lag, continued claims rose 32,000 to 1.865 million: I had speculated that the big decline in claims through September may have been affected by some unresolved post-pandemic seasonality, and the last several weeks have...

from Lars Syll So in what sense is this “dynamic stochastic general equilibrium” model firmly grounded in the principles of economic theory? I do not want to be misunderstood. Friends have reminded me that much of the effort of “modern macro” goes into the incorporation of important deviations from the Panglossian assumptions that underlie the simplistic application of the Ramsey model to positive macroeconomics. Research focuses on the implications of wage and price stickiness, gaps and...

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When I start to get comments and questions from some of the more expert authorities on healthcare such as Merrill Gooz, Andrew Sprung, Steve Early (Suzanne Gordon), and Kip Sullivan; I start to feel pretty good about some of my commentaries or comments. This last go around on Gooz News in the comments section, we were talking about “Fee For Service” Medicare and “Medicare Advantage” plans. The one issue I am experiencing is a 67% increase in the...

[unable to retrieve full-text content]If the prophets of ancient Israel such as Isaiah, Jeremiah, Ezekiel, Malachi and Amos were alive today, Benjamin Netanyahu would accuse them of anti-Semitism for daring to describe his government as a travesty of what the Mosaic covenant was all about. A common thread running throughout the Jewish Bible – Christianity’s Old Testament – was Continue Reading The post Were the Biblical Prophets Anti-Semitic? first appeared on Michael...

Quarterly interest payments are typically temporary peaks in the fiscal flows.

Debt Downturn.

Episode 5 in our new weekly Manga series – The Smith Family and their Adventures with Money – is now available. Have a bit of fun with it and circulate it to those who you think will benefit …William Mitchell — Modern Monetary TheoryThe Smith Family manga continues – Episode 5 is now availableBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia