Inflation is defined as a significant increase in the price of most goods and services in an economy over a short period of time. No controversy. Or, is there? And, … since inflation is likely but an effect, a symptom; the real question might should be, “What are the causes of inflation?” It is always […]

Infidel753: No complacency after the election Democrats have every right to celebrate the results of this month’s election.  The red wave fizzled out.  The Republicans took the House majority by only a tiny margin, which will be rendered unworkable by their own flaming-nutball fringe.  Democrats held the Senate and will probably get to 51-49 after […]

Peter Dorman at Econospeak The Anti-Racism of Fools Antisemitism has long been intermingled with movements against injustice and elite control.  This is because the most widespread image in the mind of antisemites is the existence of a secretive cabal of Jews who control global finance and promote liberal-sounding ideas only because it serves their nefarious […]

New Deal Democrat’s Weekly Indicators for November 14 – 18 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. It had to happen sooner or later. Earlier this year, based on the long leading indicators, I went on “Recession Watch.” Now, for the first time in a very […]

“Social Security and Medicare finances bolstered by growing economy,” (axios.com), Neil Irwin. Two different pieces of information going on here. The pie chart below shows were we were in 2021 for Medicare. I have not compared the pieces of information to see if they conflict. I do not have charts for Social Security, I can […]

October CPI report: total inflation increasing at 3.5% annual rate, core inflation minus shelter increasing at 2.8% annual rate in the past 4 months  – by New Deal democrat For a full year now I’ve been hammering the fact that the official CPI measure of housing inflation, “owners’ equivalent rent,” seriously lags actual house prices as […]

I lived in Michigan for 27 years having moved from Madison Wisconsin. If I had my choice, we would have stayed in Madison. It was damn cold in the winter. We were still able to do things though. Michigan was not quite the same. It was never really home for us. Just too many things […]

As I write this it is still possible the Democrats will lose control of Congress, with all that entails, but the Democrats did outperform the fundamentals, and it is useful to think about why.  Here is my quick list of possible explanations: Increased partisanship and decreased cross-over voting (see here). Inflation may not be as […]

by Joseph Joyce Making Friends in the New Global Order U.S. Treasury Secretary Janet Yellen gave a talk at the Atlantic Council last April on the future role of cooperation in the global economy. In October Chrystia Freeland, Deputy Prime Minister of Canada and its Minister of Finance, gave an address at the Brookings Institution that presented a similar […]

A brief introduction. I received an email about a week ago asking if Angry Bear would be interested. I wish I had posted it then. The survey reflects what students of all ages are thinking about Climate Change. A good read . . . ~~~~~~~~ A BestColleges survey reveals the majority of students think climate […]