Neal Boortz tells his listeners: “But the left doesn’t want us to reduce our reliance on foreign oil”, which drew a response from the Mahablog. Maybe Neil thinks the House GOP leadership is leftist given today’s comments from Edward Markey.
Our friend Mark Thoma is fairly new to blogging, but he has already figured out that Cato crowd lies a lot with respect to the Social Security debate. The most recent “Daily Debunker” from Cato discusses the Johnson-Flake proposal, which sounds to me like an old song: (a) reduce government expenditures by switching from wage […]
Deleted Request for Help getting the Google Search Box to work That was easy. I just had to change the sitesearch value from value=”http://www.angrybear.blogspot.com” to value=”angrybear.blogspot.com” You may now search angrybear! AB
Jerry Bowyer has produced some incredibly bizarre spin with his BuzzCharts rants with the latest being an attack on something Paul Krugman recently wrote (surprise). These BuzzCharts might provide great examples of how to lie with statistics, but the latest chart seems to say something other than what Jerry wrote: Although BuzzCharts does not believe […]
Barring an unanticipated follow-up or two, I think our series on healthcare is done and now archived in the “Topics” section to your left. Here are the posts, in order: The Real Crisis (Kash) Health Care in The U.S. And The World, Part I: How much do we spend? (AB) Performance of the US Health […]
Greenspan’s remarks about a possible renminbi revaluation also make me wonder exactly what the Fed would do if and when China does revalue. Mark Thoma and David Altig (among others) have had some interesting things to say about this question recently. I want to do a more in-depth treatment if these issues in the future, […]
I’ve broken this into two posts, since it was getting rather lengthy. First, let me point out some interesting remarks by Alan Greenspan yesterday. He was, at least to me, surprisingly blunt: Fixing the renminbi to the dollar is beginning to significantly work to the detriment of Chinese economy. I think there is no question […]
In Part I of this series, I examined spending on healthcare across industrialized nations from 1970 to the present. Throughout the 1970s the U.S. spent a bit more about 2 percent of GDP more on healthcare than other industrialized nations. Then, around 1980, the share of GDP spent on healthcare surged dramatically in the U.S., […]
The devil is in the details is an old Ross Perot line and it seems Richard Pombo has a more colorful of expressing this point in reference to John Doolittle’s advocacy for promoting hydrogen fuels. Doolittle and Pombo are both Republicans from California. For a defense of subsidizing hydrogen fuels, see this op-ed by Robert […]
Michael Boskin makes his case for Bush’s Social Security deform, while Max Sawicky provides the critique. Max briefly touched on two aspects of Michael’s paper that relate to utility theory. Michael tried to argue that the income elasticity for government benefits (G) is less than unity: Economists use a term called the diminishing marginal utility […]