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

Bernanke Interlude

Via David Wessel’s Twitter feed, the WSJ publishes a letter: Ben Bernanke is a good person, a fine academic and a well-respected professor. But those traits have no bearing on whether he should be reconfirmed as Federal Reserve chairman…. Applying accountability principles, there’s no way Chairman Bernanke should be reconfirmed by the Senate, let alone […]

Is China a Bubble?

by cactus Is China a Bubble? A friend of mine who does just about all of his business providing a very specific service to selling to companies who do business with China. (And yes, that is as specific as I am willing to be, except to say that right at this moment, the service he […]

In the Wake of the Mass Massacre—Bipartisan Reform or the Senate Bill?

In the Wake of the Mass Massacre—Bipartisan Reform or the Senate Bill?by Maggie MaharCrossposted with Health Beat Blog Let’s begin by addressing some of the myths: First, the Massachusetts vote was not a “Massacre”: Brown won 51 percent of the vote. Secondly, this was not a referendum which shows that the public opposes health care reform. Among […]

Not the Cheeriest Way to Start the Day: Bernanke Part 1 of 2

It’s bad enough to violate Brad DeLong’s first rule (which, I hasten to rationalize, was posted when DeLong himself was disagreeing). It’s worse when the opposition to Krugman is coming from…the WSJ editorial page. (Or, as Barry Ritholtz correctly describes it, “the comics section.” Just less funny, and more likely to make the two-drink minimum […]

Responding to Glenn Greenwald’s: What the Supreme Court Got Right

by Divorced one like Bush For this post I will formally introduce myself. I am Daniel J. Becker. It is only proper and just to do so. I am using Mr. Greenwalds discussion only as a platform to add my thoughts regarding the Citizens United decision.  Also this is a long read. So I’ll give you […]

Roots

I took a trip back to memory lane via the archives to the very first post from the Angry Bear on Feb. 28, 2003 that I know of. The look and style of Angry Bear has changed over time, as well as who writes and having an expanded list of subject matter. 2003 seems an […]

Inflation in China is not necessarily a bad thing

Yesterday, the release of key economic indicators in China produced headlines like this: China Targets Inflation as Economy Runs Hot. The table below lists the full release, including the consensus expectations (Bloomberg’s survey) for each statistic. (Here is the link for the actual data release.) As you can see, the survey undershot the actual results […]