Relevant and even prescient commentary on news, politics and the economy.

Fareed Zakaria on Social Security, Fareed Hearts Pete Peterson, Disses your mom

by Dale CoberlyFareed Zakaria on Social Security Fareed Hearts Pete Peterson Disses your mom Fareed Zakaria wrote an essay for Time, The Baby Boom and Financial Doom. Dean Baker responded to Zakaria with Fareed Zakaria is unhappy that the American left chooses arithmetic over Peter Peterson. Baker makes the point that the increase in the number […]

Angry Bear new look

This will soon be the new look for Angry Bear, and a switch to the wordpress platform from blogger will add considerably to functions.  Our advertisements are also missing.  The side bar functions will soon be completed (not in picture), and include a blogroll and archives. The top category bar functions can be used to […]

Notes Toward Economics at (or, more accurately, approaching) the Eschaton

No, not Dr. Black’s blog.  The real eschaton: the end of everything.  Or, in this case, its economics equivalent: the point at which almost all human work is no longer necessary but human beings still exist. The scenario is a simple one.  There are x humans on Earth (x>>1).  Self-repairing, recycling machines can provide all […]

On DeLong V Krugman

Brad DeLong and Paul Krugman are having a mini debate on whether Brad et al (that means the Clinton administration) had good reason to fear bond vigilantes in the 90s. Krugman wrote tht they did not.* Krugman phrases Brad’s argument as high deficits cause high inflation which causes tight money.   He notes that the […]

The Idiotic Politicization of the Term “Politicization”*

We have got to calm down and not take tragedies like this, crimes like this, and use them for political purposes. — Grover Norquist, yesterday I agree.  We also shouldn’t, say, take tragedies like the hijacking of four commercial planes and deliberately crashing them into huge buildings with large numbers of people inside them, and […]

Bring your gun to work 2005

NRA campaigns to bring a gun to work should be remembered: Actually, the NRA’s power has been waning since at least 2005 when it declared a boycott against ConocoPhillips, a major Oklahoma employer with 3,000 workers, for blocking its bring-your-gun-to-work efforts. “ConocoPhillips went to federal court to attack your freedom,” thundered Wayne LaPierre, NRA executive […]

Guns and Gun Deaths, State by State

The other day I looked at number of guns versus number of gun deaths by country, in countries like ours that have pretty good rule of law. The correlation is pretty clear: more guns, more gun deaths. But I was also wondering about correlation within the U.S., by state. I’m pleased to find that Sam […]

The Republican Congressional Delegation’s Oddly Faulty Memory of 2004 — UPDATED

House Republicans argue that voters handed their members a mandate as well, granting the party control of the House for another two years and with it the right to stick to their own views, even when they clash strongly with the president’s. And many Republicans remember well when the tables were turned. After Mr. Bush’s […]