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

Taxes And Income Distribution: The Way It Was And The Way It Is

Via Econospeak Barkley Rosser ponders taxes and distribution: Taxes And Income Distribution: The Way It Was And The Way It Is Got invited on to the local TV station today to discuss income distribution thanks to the recent statements about the matter by President Obama and Pope Francis, only to upset the local anchorman by telling […]

Temp workers and injury

Pro Publica points us to the expendable temp worker trend and with data. Via Truth out comes more: A groundbreaking 2010 study of Washington state’s workers’ comp claims found that temp workers in construction and manufacturing had twice the claims rate of regular workers doing the same type of work. If your injuries were caused […]

Sunday Reads

Senator Elizabeth Warren introduces bill to stop credit checks in job application process “A bad credit rating is far more often the result of unexpected medical costs, unemployment, economic downturns, or other bad breaks than it is a reflection on an individual’s character or abilities,” Senator Warren said. “Families have not fully recovered from the […]

Identity theft

America’s fastest growing crime problem points us to some numbers: When we talk about crime at the city level, we tend to focus on violent crime and property crime. These two categories don’t encompass the entire universe of illegal behavior, but they cover crimes that a) have victims, and b) local police can actually  investigate. […]

Trans Pacific Partnership

Trans Pacific Partnership is Not Especially Important Paul Krugman argues that the Trans Pacific Partnership is no big deal: I’ve been getting a fair bit of correspondence wondering why I haven’t written about the negotiations for a Trans Pacific Partnership… The answer is that I’ve been having a hard time figuring out why this deal […]

Political centrism and journalism

Brendan Nyhan at Columbia Journalism Review reminds us to be careful about debating budget priorities: How should the United States choose among the difficult tradeoffs it faces in setting the federal budget? There’s no one correct answer, but you wouldn’t know it from coverage of the budget deal between Senator Patty Murray and Rep. Paul […]

In defense of Greenspan on Solow’s criticism

Robert Solow wrote an article about Greenspan, his successes and his mistakes, Alan Greenspan Is Still Trying to Justify His Bad Decisions; What the maestro doesn’t understand. Even though I agree with what Solow said about Greenspan’s early years, I want to defend Greenspan during the years after the 2001 recession. There was something not […]

Bezos and the CIA

Via Alternet comes this reminder: News media should illuminate conflicts of interest, not embody them. But the owner of the  Washington Post is now doing big business with the Central Intelligence Agency, while readers of the newspaper’s CIA coverage are left in the dark. The Post’s new owner, Jeff Bezos, is the founder and CEO […]

Accurate reporting

Lifted from an e-mail from reader Jack (http://angrybearblog.strategydemo.com/2013/12/20391.html#comments): (attribution corrected…irony comes to mind) Compare Fujita’s conclusion from the Fed paper, here  http://philadelphiafed.org/research-and-data/publications/research-rap/2013/on-the-causes-of-declines-in-the-labor-force-participation-rate.pdf#page=7, with da Costa’s description in the WSJ. da Costa, “Philly Fed economist Shigeru Fujita argues that the shrinking of the U.S. workforce over the past year and half was “entirely due to retirement” […]