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

Merry Christmas!

I am hoping this Christmas finds Angry Bear readers and commenters happy, of good health, and with family. There were years when I was away from family. It was not the same even though we had a good meal in the Mess Hall. Maybe you know of someone who is away from family and home […]

A Global Plastics Treaty Stalled as the Year was Coming to an End

I worked in automotive the last decade (when employed) or so dealing with plastic components in cars. All types of plastic resins, the tooling involved, capacity of the tooling, and the scheduling. I cost modeled components for Yazaki and other companies. Took my boss’s model and grew it and adding other operations in it. It […]

Book Review by the One Handed Economist

“Institutions, Institutional Change and Economic Performance” – by Douglass C. North The one-handed economist Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; […]

Some Explanation for the Deficits – Quit Cutting Taxes

It is not spending causing the issues as the young Trump boasts. It is the tax cuts which have imbalanced credits to debits causing the deficits. What Republican’s promised would happen, failed to happen. The 2017 tax cuts did not stimulate the economy enough (not at all) to balance out spending to receipts. Since the […]

Health Insurance Again and This Time with Krugman

If one were to attack real-spending as an issue to our economy and wish to lower spending, one of the places to look is commercial healthcare insurance. If I were the richest jumping -jack in the world, I would target Medicare Advantage which is paid extra to provide fundamental healthcare and up codes the service […]

Ancient Aqueduct Being Used Again for Supplying Water

The revival of an old Roman method of supplying water (non potable) for use in other needs besides drinking or cooking. The aqueduct still works and Greece is putting the old supply line to good use after hundred of years. Hadrian’s Aqueduct supplied water to Greece’s capital for centuries but was then largely abandoned. It’s […]