Recently, Yves Smith announced Naked Capitalism was chosen to have its posts archived by the Library of Congress. It is an exciting invitation as much of the work being written at Naked Capitalism will be available for years to come and potentially studied. Angry Bear applauds this action by the Library of Congress. It was […]
Naked Capitalism joins Calculated Risk, Econospeak, and Angry Bear in being archived by Library of Congress
Capitalists beware: post-democracy America may not be a shining example of Hayekian liberalism
Dan Little has a post up at Understanding Society on what authoritarianism might look like in the United States. The whole thing is well worth reading, but here is one part: This seems about right, though of course speculative, but I have doubts about the big business piece. Yes, some business interests will be close […]
Capital itself is the moving contradiction
Capital itself is the moving contradiction The phrase quoted in the title is probably the most well-known in the Grundrisse. It has been cited in books and journal articles at least a hundred times, an order of magnitude more frequently than the alternative translation found in the collected works, “capital itself is a contradiction-in-process,” It is […]
Ponder This
If you will What if Jimmy Carter had been reelected in 1980; Walter Mondale had been elected in 1984 and reelected in 1988; and, Al Gore elected in 2000 and reelected in 2004? We would be at least twenty years ahead of where we are now in re Climate Change. Central America would not be […]
Political declaration of independence (reprise)
Political declaration of independence (reprise), Infidel753, Blogger and Commenter I know Infidel from Crooks and Liars where he would moderate Mike’s Blog Round Up and feature Angry Bear from time to time. Infidel writes some pretty darn good posts on his own site of the same name. This particular post is about the Virginia election […]
“Constitutional Sheriffs” and “Posse Comitatus”
“Constitutional Sheriffs” and “Posse Comitatus,” Econospeak, Barkley Rosser In the mid-1970s when I was finishing my Ph.D. diss and also working for the Wisconsin Department of Natural Resources in its Water Quality Bureau, where I was mostly dealing with sewer systems issues, the Wisconsin branch of the Posse Comitatus was attacking and “arresting” individuals from […]
A very strong report putting to rest questions about the strength of the expansion
October jobs report: a very strong report putting to rest questions about the strength of the expansion In the light of the last two month’s relatively “poor” jobs readings, an important question was what was going to happen with revisions. As we will see below, they really delivered! – big positive revisions to both of […]
Weekly Indicators for October 1 – 5 at Seeking Alpha
by New Deal democrat Weekly Indicators for October 1 – 5 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. As I point out from time to time, one of the biggest values in tracking data that is reported with high frequency, i.e., weekly as opposed to monthly or quarterly, is that you […]
Layoffs, wages, and labor costs: three measures of the labor Boom
Layoffs, wages, and labor costs: three measures of the labor Boom, New Deal democrat Initial claims declined another 14,000 this week to 269,000, and the 4 week average declined 15,000 to 284,750, both new pandemic lows: For the past 50 years, initial claims have only been at these levels briefly at the peak of the […]