Gulf Streams demise= Global wealth Increase

Optimism of the will leads me to hope that, with the misery we endure and cause, someday some people, including leaders of political movements and parties, will gain some wisdom. As I understand it, Frantz Fanon generalized principally from Algeria. The settler is not simply the man who must be killed. Many members of the mass of colonialists reveal themselves to be much, much nearer to the national struggle than certain sons of the nation. The barriers of blood and race-prejudice are...

Except for fictitious shelter and vehicle repairs, September inflation was moderate  – by New Deal democrat With the main exception of fictitious shelter, consumer inflation in September remained relatively subdued, but as anticipated has stopped decelerating. First I’ll look at the headlines, then the problem children. Total inflation (blue in the graph below) rose 0.4% for the month, but only 0.3% less food and energy (red). Less shelter...

At Angry Bear, we have one person and his wife using a KFF Medicare Advantage plan. He reports good to excellent care being the result of the KFF plan. Potentially there still can be cost issue even with KFF plans. This commentary by KFF Health News is about Medicare Advantage plans in general. Read on. I have made some comments in the author’s text. Feds Rein in Predictive Software That Limits Care for Medicare Advantage Patients, MedPage Today,...

Most people think it’s all about timing. It’s not it’s about time and behavior. 

The essence of money!

Felet med modern nationalekonomi Det som är fel med mainstream nationalekonomi är inte att den använder modeller i sig, utan att den använder dåliga modeller. De är dåliga eftersom de inte bygger broar till de verkliga system där vi lever. Förhoppningsvis kommer det ensidiga, nästan religiösa, insisterandet på matematisk deduktiv modellering som den enda vetenskapliga aktiviteten värd att förfölja inom nationalekonomin att snart ge vika för metodologisk...

When we moved to New England last year, I looked forward to eating more seafood, locally sourced. The first clue I had that my expectations were not grounded in reality was when I discovered that the cod in grocery stores was Alaskan/Pacific cod. Turns out, a lot of the seafood on your plate was likely sourced through Chinese fishing fleets whose crews are suffering from problematic labor practices. “Fishermen, in particular, are falling sick with...

One has to ask how we have reached this point in the Middle East. There are many actions taken which have maligned Palestinians and Arabs. If we allow the Gaza to be abandoned by Palestinians due to terrorists, who follows? This sounds too much like the growth of Israel at the expense of the Palestinians. The West Bank is being partitioned as more Israelis migrate to it from Israel. When it comes to Israel, the US is too weak-kneed to do much about...

September producer prices confirm economic tailwind has ended  – by New Deal democrat My strong suspicion has been that the tailwind of declining commodity prices, typified by the big decline in gas prices in late 2022 is what allowed the US economy to grow so well so far this year, blunting the effects of major Fed interest rate hikes. For the last several months, my focus has been whether that decline is over. This morning’s producer price...