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

Veterans Community Care Program is of lower quality, takes longer, and has soaring costs

The Veterans Community Care Program promised to give vets speedier access to high quality care. Instead, its care is of lower quality, takes longer and its cost is soaring. Suzanne Gordon and Steve Early focus on helping veterans secure healthcare.  I have talked with Steve previously. Russell Lemle is a Senior Policy Analyst for the […]

Basketball and Watching an Amazing Player

Catlin Clark. It is amazing to watch this young woman play. And then there is me! Small m. I played street ball, YMCA ball, league ball, high school, and a bit of college before the Marine Corps snatched me up. At 6 feet and just shy of 6’1″. I was a thunker. I could get […]

The Bottom 80% of U.S. Households Persistently Dissaves, Spending more than Income.

Only the top 20% saves. Originally published at Wealth Economics Newly released data series from the Bureau Economic Analysis have revealed a pretty eye-popping economic reality that’s been invisible in the national accounts…forever. Subtract households’ Personal Taxes and Personal Outlays from Personal Income to yield Personal Saving, and it turns out that the bulk of U.S. […]

(Not) Thinking About Money

It’s tempting to abolish the word entirely Originally published at Wealth Economics J.W. Mason offers a bang-up post on economists’ thinking about “money,” how economists have thought and talked about it over decades and centuries. There’s even a class syllabus and reading list from his class for his John Jay MA econ students. It’s a very deep dive. (“Thirteen Ways […]

The Renaming of Bird Species Honoring historical figures

In Michigan, we had a feeder about 20 feet from the deck. We would get different species . Flickers, Downey Woodpeckers, Chickadees, Nut Hatches, Wrens, the common sparrows, etc. The Nut Hatches and Chickadees were the acrobats and would hang upside down. When the feeder would empty out the Chickadees would hang around on the […]

MMT and the Wealth of Nations, Revisited

Steve Roth  (at Asymptosis) I just had occasion, in replying to a correspondent, to reiterate much of the thinking in my recent MMT Conference presentation. I thought it might be a useful and comprehensible form for some readers, so I’m reproducing it here. I’ve also explained this at somewhat painful length here. Correct me if I am wrong […]

In-Box Topics Which May be of Interest

Topical Emails from all different sites. Pulled from my In-Box and which I have no time to write about. Thinking, they still may be of interest to readers who visit Angry Bear. Please be topical or at least close. Healthcare Our Healthcare Data Infrastructure Is Abysmal, MedPage Today, John (Xuefeng) Jiang. Is our healthcare data […]