Our current economic model, premised on profits and returns, consumption, and growth — on greed, has proven to be problematic for the environment, society, and governance.* Over time, humans have inflicted grave damage to the land, forests, rivers, streams, and atmosphere. Some of this was in the interest of survival. A lot more was done […]
and we have no one to blame but ourselves. J. P. Jefferson suggested this opinion piece on December 19, 2023. I just ran across J. P. Jefferson’s recommendation again or for the first time, sigh. I just do not remember. I was able to sign into this WSJ Kevin Williamson piece due to my having […]
Asymptosis » Economic Origin Stories and the State of the World, Steve Roth. Origin stories and creation myths pack a pretty hefty weight of import in human understandings of the world. Examples are too numerous to mention. What I’ve noticed in the field of economics is such origin stories are often taken (mistakenly) to fully […]
Just an old commentary from 2006 as written by Mark Thoma when he was writing Economist’s View. If you don’t know, Mark discontinued his writing there and retired. I see him now and then (or used to) on Facebook. Here he gives a bit of history on Adam Smith. “The Many Faces of Adam Smith“ […]
Final COVID-19 update for 2023: mainly good news (at least on a comparative basis) – by New Deal democrat Here is the status of the COVID-19 pandemic as of the end of 2023. It’s mainly “good news,” at least on the comparative scale. But as (now) per usual, we are in the midst of the […]
On this day when we like to review the whacky, crazy crap that has happened, here is something that fits. Though, not from last year. It is easy to see how conspiracy develops when learning of such past. It’s not just the uneducated that create the nuttiness. It is not just the lack of knowledge […]
I got my BA from the University of Tennessee-Knoxville in 1977. At the time, the university charged no tuition, but “fees” were about $165/quarter for a full load. Of course, as a state university, it was heavily subsidized by state tax dollars. Quite a feat for a state that has no income tax. The business […]
NPR Nails It: Highlights Two Programs That Make a Difference to Millions, Center for Economic and Policy Research, Dean Baker. Dean Baker: I’ve complained a lot about how the major media outlets seem to highlight every piece of bad news about the economy, while downplaying or ignoring altogether the positives. Given my complaints, I want […]
A bit of history for Angry Bear readers which should be remembered. December 28, 2023, Letters from an American, Prof. Heather Cox Richardson On the clear, cold morning of December 29, 1890, on the Pine Ridge Reservation in South Dakota, three U.S. soldiers tried to wrench a valuable Winchester away from a young Lakota man. […]
Introduction: “new analysis finds that that MSSP, the oldest and largest Medicare accountable care organization (ACO) program, has lost money for individuals it covers and overall for Medicare it saves just 75¢ per $1000.” AB: Not much of gain there. What does it do for other programs? “Largest ACO Program Saves Piddling Amounts for Medicare,” […]