by Linda Beale GOP Senators fight facts: won’t hear Coretta Scott King’s views of Attorney General nominee Sessions GOP obstructionism is back again in full form.  This time, instead of voting over and over again to eliminate affordable health care (Obamacare) for the 20 million Americans now covered by the health reform act or declaring […]

by Linda Beale Trump Administration Plays Havoc with Voice of America Did you know that the Republicans inserted a change to the administration of the Voice of America (VOA) network in the December military authorization ‘must pass’ bill?  The VOA has always been administered by a bipartisan broadcasting board of governors–distinguished nonpartisan media experts.  The change was […]

Focus Economics now lists Angry Bear in the A list. (Instead of The Angry Bear)

 by New Deal democrat Dear Prof. DeLong: wherein I say you are wrong, trade agreements have harmed manufacturing employment. I: Germany actually undercuts your case Prof. Brad DeLong in an article earlier this week made a bold claim:  that “US trade agreements have not substantially harmed manufacturing employment. Period.”    I am making the equally […]

Focus Economics lists Angry Bear. Look to the T’s for The Angry Bear…Perhaps we will have actual policy to analyze in the future as well. We live in important times.

First note strong evidence that the rate of wage inflation is mean reverting. This is a pooled regression with data from the Old EU 15 from 1960 through 2015. Indicator variables for countries are included but the coefficients aren’t reported. dw is the percent rate of wage inflation. ddw is the change of dw. The […]

Sarah Anderson and Scott Klinger of the Institute of Policy Studies released “Tale of Two Retirements”, a study discussing how well CEOs will retire in comparison to the low and middle income citizens who only have 401ks and Social Security to retire on in the US and what President-Elect Trump’s actions will do to CEO […]

This continues joint research with Marco Fioramanti. Our aim is to understand something about European natural rates of unemployment and whether the European Commissions estimated levels which they call NAWRU (for non accelerating wage inflation rate of unemployment) are useful approximations. Here is a brief summary of work to date (prior to this note). Various […]