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

Why Tranche

Robert Waldmann Still almost fishing from archives, but this time I think the version after the jump is maybe even less incoherant than the old version. Quite a lot of pooling and tranching has been done in the past decade. I think explanations of this fact offered by the tranchers can’t be accurate or at […]

Financial Regulation

Robert Waldmann Just to post about something other than health care reform, I will type my vague thoughts on financial regulation after the jump. Much is similar to stuff I posted when financial regulation was the hot topic. I want to take a long look at financiar regulation starting with generalities very far from possible […]

When in Crisis, Insult Sociologists?

Via Brad DeLong, Eric Falkenstein praises Macroeconomics with faint damns: Macroeconomics is the triumph of hope over experience, and has been no more successful than sociology. Insulting our betters will not put economists in good stead. As Paul Krugman frequently notes, “Economics is…not quite as hard as sociology.”* But Falkenstein makes up for this lapse, […]

Policy and housing: someone’s gotta give!

by Rebecca Housing demand is being propped up by government subsidies and low mortgage rates, and the level of supply is held back by low prices. Right now, the housing market is a complicated hodgepodge of policy, foreclosures, and very weary potential home-buyers. Home sales are stabilizing; home building is stabilizing; and home prices (might […]

Significant other’s note to Dan this morning

rdan See…there are others like you. 🙂 (she wrote) Here’s the Story of the Day: Right Accessory Sometimes you just need the right accessory, she said & I said I know, sometimes it takes me an hour to pick the right head & she just ignored me.

Editorial policy

rdan Angry Bear has evolved over time to become a magazine style publication involving a dozen or so authors of different political persuasions. These people change from time to time so the take on how we post can change to some degree and from time to time. Topics can and do include whatever each author […]

Anxious Delusions

By Noni Mausa Courtesy of Science News, here, we find that mental disorders are actually under-diagnosed, rather than the other way around. Rates of common mental disorders double up Depression, anxiety and substance abuse may affect many more people than previously thoughtBy Bruce Bower Thursday, September 17th, 2009 Some mental disorders aren’t merely common—they’re the […]

Baucus’s Side Deal Comes Unstuck

by Bruce Webb The Amendments Are In — All 543 of Them The Friday 5 p.m. deadline has passed for filing amendments to the health care legislation in the Senate Finance Committee, and aides to Senator Max Baucus have finished tallying them: 543 in all, from both Democrats and Republicans. Senator John D. Rockefeller IV […]