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

Euro Area Crisis Hits Confidence in the Core

by Rebecca Wilder Euro Area Crisis Hits Confidence in the Core France’s INSEE business confidence, Germany’s Ifo business climate, and theNational Bank of Belgium’s business survey demonstrate ongoing infection as the Euro area debt crisis hits business expectations in the core. Through July, business confidence in Germany and France continued to slide while that in […]

Taxes and tax effects from the tax cut extensions

Update: (hat tip Robert Waldmann)   Senate.gov voting record on middle class tax cut bill Excerpted from Linda Beale’s piece (7/25) on the numbers for the action taken by the Senate: …After threatening to filibuster the Obama tax cut proposal, Mitch CcConnell pulled back.  See Lori Montgomery, McConnell pulls back from filibuster on Senate tax-cut vote, […]

Scotusblog’s Wednesday roundup links Angry Bear

Another recognition for Angry Bear contributors comes in the form of Scotusblog Wednesday roundup: You may have heard of Scotusblog because of the coverage of Supreme Court’s decision on court challenges to parts of Obamacare. Beverly Mann, having begun to write for Angry Bear as an added subject which I believed to be an increasingly […]

Health Care Thoughts: The Deloitte Survey

by Tom aka Rusty Rustbelt Update 7/26:  The Deloitte link is working: http://www.deloitte.com/view/en_US/us/Insights/centers/center-for-health-solutions/21c1f310fb8b8310VgnVCM3000001c56f00aRCRD.htm. Health Care Thoughts: The Deloitte Survey The annual employers survey by Deloitte (Big Four CPAs) has caused some buzz among us talking heads, although sadly drowned out by the tragedy in Colorado. (As of this moment the download link is broken, apparently […]

Wages driven down, now relative to market you’re over paid!

Update: spelling corrected in title. I heard and then went to look see that Caterpillar is working hard to control it’s costs. “Despite earning a record $4.9 billion profit last year and projecting even better results for 2012, the company is insisting on a six-year wage freeze and a pension freeze for most of the […]

Did Scalia Pointedly Hint At A Major Limitation To Citizens United? (No need for the Disclose Act, because Citizens United itself requires disclosure?)**

I think Thomas Jefferson would have said the more speech, the better.  That’s what the First Amendment is all about. So long as the people know where the speech is coming from. … You are entitled to know where the speech is coming from — you know, information as to who contributed what. — Justice […]

Miya Water’s quest to plug leaks

Via David Zetland’s Aguanomics. I continue to follow David’s thinking on how to plan, price, and ultimately use water in a 21st century manner. He offers interesting notions on the roles of government/pricing (and markets). There is currently big bucks involved and only to grow in importance and critical decisions to be made. Water is […]

Economics an Almost Social Science

Peter Dorman at Econospeak discusses problems with microfoundations, and in a more thorough paper at Association Economique politique explores the Political Econonomic Outlook for Capitalism. Mark Thoma had pointed to this Business/behavioral science can help guide economic-policy view notion of looking at incentives in an empirical way.