[unable to retrieve full-text content]– by New Deal democrat This week is another light one for economic data, so let me discuss a couple of points explaining why I am cautious, but not DOOOMing. Basically, because there are a lot of asterisks. Today let me follow up on initial jobless claims. The typical best way to look at these is […] The post A closer look at (why I’m not terribly concerned by) the recent elevated initial claims appeared first on Angry Bear.

[unable to retrieve full-text content]Many of you have noticed unwanted occurrences at Angry Bear. We have had four occurrences of down time. I am not sure why this is happening. Each time, Joel and I have alerted our present Server staff without being demanding or obnoxious. The latter serves no purpose. We need their help while we transition to […] The post Changes at Angry Bear appeared first on Angry Bear.

Inflationsmålet — en helig ko som höftades till Han kan beskrivas som det svenska inflationsmålets fader.Men i en ny dokumentär kallas 30 år av penningpolitik med fokus på 2-procentig inflation för ”en kyrka” av den före detta vice riksbankschefen.– Det var inte särskilt vetenskapligt underbyggt, säger Thomas Franzén i SVT:s ”Skuldfeber”. Hösten 1990 hade inflationen klättrat till mer än 10 procent och den stora svenska finanskrisen var på väg att brisera...

Pepe Escobar summarizes the state of play at the outset of the BRICS conference as it begans in Kazan, the capital of Tatarstan, Russian Federation. The heads of the central banks have already met in Moscow in preparation for discussing initial steps in an overhaul of the post WWII Bretton Woods monetary system and associated institutions established by and controlled by the West, the US in particular. Expectations had begun to exceed reality and now they are more modest but still...

The following are the first three paragraphs of the introduction to the Wealth of Nations: "The annual labor of every nation is the fund which originally supplies it with all the necessaries and conveniencies of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations. According, therefore, as this produce, or what is purchased with it, bears a greater or smaller proportion to...

[unable to retrieve full-text content]Joyce Vance @ Civil Discourse This is not going to be one of those ho-hum, just like any other week kind of weeks. Over the weekend, Donald Trump talked about the size of Arnold Palmer’s penis and called Kamala Harris a “shit vice president” while an adoring crowd cheered. Harris’ response? She told MSNBC’s Al Sharpton, “the American people deserve so […] The post The Week Ahead...

[unable to retrieve full-text content]The article is talking around the issues. The country is calling on former drug company management to assist in taking down an industry giant. It probably will not succeed as many of these experts still have ties to the industry and the companies employing them. Think Azar . . . Pharma companies were using “value-based” […] The post Candidates’ Stances on Healthcare Issues, including Drug Pricing, Medicaid and AI appeared first on...

Förhoppningarna var stora om att den parlamentariska kommittén som vart åttonde år ser över ramverket skulle ta Sveriges investeringsbehov i beaktande och reformera ramverket för att möjliggöra underskott under de år investerings- och underhållsskulden betas av. Resultatet blev ett balansmål som inte ens täcker hälften (cirka 25 miljarder) av den prognostiserade minsta nivån för behovet av offentliga utgiftsökningar för samhällsviktiga investeringar. Arena Idé har i en egen...

from Asad Zaman and WEA Pedagogy Blog 1. The Methodenstreit: How Economics Forgot History In the late 19th century, economics experienced a deep philosophical debate over methodology, known as the Methodenstreit, or Battle of Methodologies. Geoffrey Hodgson, in his book How Economics Forgot History, emphasizes the critical nature of this debate. The essential conflict was between those who believed that historical context and specificity are crucial for understanding economic phenomena,...

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. Share this:Like Loading...