by Mike Kimel The Effect of Individual Income Tax Rates on the Economy, Part 1: 1901 – 1928 In 1913, the 16th Amendment to the Constitution led to the income tax system we know and don’t love today. Since that time, in fact, since way before that time, people have been arguing about the effect […]

I didn’t know what to call this post since it is about myself, a topic I tend to try to obscure in public for reasons of personality quirks. But I need to open this up for Angry Bear contributors and readers, whom I actually admire and for whom I feel a great respect. I do […]

I think given the seriousness of the political situation currently being played out, which in my thinking includes the current S and P opinion, has been discussed in comments in a remarkable fashion. Plenty of links and thoughtful commentary. And of course passions run high and are expressed. Well done and my thanks to the […]

I know the recent comments section is blank. I have tried amending, removing, replacing etc the blogger widget that provides the feed to no avail. Blogger comments and js kit comments appear to be functioning normally and in synch, so no guarantees on when it will be fixed. Apologies for the disruption. I have e-mailed […]

by Rebecca Wilder Edward Harrison draws our attention to the euro area bond crisis: Spain, Italy, Belgium yields now under attack. I’d like to add to this thread by offering some illustrations of the polarizing of bond markets that’s coincident with the euro area bond crisis. (Notice I do not say currency crisis because it’s […]

by Mike Kimel Stop Acting Surprised It seems a lot of Democrats seem surprised that Obama is willing to give up on what they view as core principles. On the Republican side, there seems to be an implicit understanding that pretending the economic mess and spending began under Obama’s watch, and thus the policies that […]