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

HOW MUCH MONEY DOES A MAN NEED

by Dale Coberly HOW MUCH MONEY DOES A MAN NEED A morality tale Leo Tolstoy tells a story about a Russian peasant who makes a deal with the Devil. The devil will give the man as much land as he can walk around in one day. But, the devil warns him (the devil always tells […]

Healthcare Reform Myths and Countering Facts

by run75441 Portions of this post originally appeared in HealthBeat Blog as written by Maggie Mahar; Myths & Facts About HealthCare Reform: Who Wins & Who Loses? and Myths & Facts about Health Care Reform Part 2: Doctors Who Take Medicare Healthcare Reform Myths and Countering Facts The media has fun chumming the airwaves with […]

War reporting and discussion

It has been asked a number of times why Angry Bear has not posted on the wars in Iraq and Afghanistan for awhile now. William Pitt asks the same question for himself: William Pitt writes an op-ed about where the criticism in the press and blogs of the wars in Iraq and Afghanistan have gone […]

Type four win-win trading

by Robert Waldmann Brad DeLong clears his throat. I throw a cow. He wrote: The win-win benefits of trading money for money–where are they? It turns out that they are there. There are, actually, four: 1. Trading money now for money later: people who want to save now and spend later can make win-win trades […]

Current trends in paying for healthcare insurance

Crooks and Liars has us look at employers shifting the cost of health insurance to workers. In MA this shift will happen with public employees such as teachers probably soon as well. Health care costs soar for insured workers presents another chart to gain a perspective when someone says health insurance premiums will rise with […]

CM + IT = Disaster

A note of comparison might come in handy when thinking in big numbers. The top 25 hedge fund managers made a record $25.3 billion dollars in 2009. And despite all those dramatic congressional hearings, average compensation of Wall Street bankers rose by 27 percent in 2009. Meanwhile, banks are hiding their debt with the same […]

Drama=China or dull trade policy discussions? Information and a caution

Lifted from an e-mail by Stormy Financial Times notes that China’s champions-elect are going abroad, in oil, in mining and in car manufacturing, supported in almost all cases by state-owned banks. But the banks themselves are largely staying put. Why? Global chinese capital See charts for China Unfair China Trade Costs Local Jobs Couple of […]