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

Hayek on The Use of Knowledge in Society

I recently reread Hayek’s most famous paper, The Use of Knowledge in Society, written in 1945.  I hadn’t read it in many years.   Page for page, TUKS is perhaps the most insightful economics paper ever written.  Every undergraduate economics major should read it.  I am not sure how many other papers written before 1960 […]

Sen. Cassidy accepts RFK Jr’s vapor-clad promises

Sen. Bill Cassidy, MD (R-La.) is a physician. I’m sure he’s pretty smart, but as I’m frequently caused to observe, the traits of high intelligence are unlinked. Dr. Cassidy is exercising poor medical judgement by supporting RFK Jr.’s nomination for Secretary of HHS, although he may be showing good political judgement. “Sen. Bill Cassidy, MD […]

In December, the theme for new homes was “steady as she goes”

In December, the theme for new homes was “steady as she goes” in sales, price, and inventory trends  – by New Deal democrat To reiterate my theme from the past few months, I’ve been looking at new and existing home sales more in tandem, with a rebalancing of the market in mind. For that to […]

“We’ll Own It”

It was mid-January 2025 Angry Bear had mentioned in a commentary about Jared Kushner thoughts on The Gaza. The brief comment was in “Undercounting The Gaza Death Toll,” Angry Bear. Enough is enough. They have extracted their pound of flesh. Maybe it is the beach front property Jared Kushner was reported to have talked about […]

Trump is blowing up American science

The National Science Foundation is one of the nation’s premier agencies to advance non-biomedical research (the NIH has the biomedical research portfolio). Full disclosure: I was principle investigator on three NSF grants in my career and served on six NSF review panels that made grant funding recommendations. Now, the Trump administration wants to tear that […]

CAR V

As promised I won’t fill angrybearblog with my thoughts on biology which is not economics and about which I have no credentials to claim to be an expert. Instead I will post it at my personal blog. update: I am no longer confident that the post presents a good idea or even an interesting idea. […]

CAR IV

Since this is off topic for AngryBear I will post future CAR posts at my personal blog Robert’s Stochastic thoughts This post is a restatement and extension of the first post in the series CAR Crazy which discusses ex vivo treatment of killer T-cells with Chimeric Antigen Receptors (CAR) designed to cause the T-cells to […]

JOLTS report for December 2024

JOLTS report for December shows mild improvement in most metrics, anticipates stabilization in wage increases  – by New Deal democrat The monthly JOLTS reports give us a more granular look at the employment sector, but are delayed by one month vs. the jobs report. Like the jobs reports, most JOLTS series have shown deceleration for […]