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

Sales of new and existing homes increased in November; declining price trend continues for the former, but pressures increase in the latter

 – by New Deal democrat I’ve been looking at new and existing home sales more in tandem recently, as we are looking for a rebalancing of the market, with prices abating in existing home sales and inventory increasing, vs. new houses where prices have been slightly declining. Additionally, as usual let me start with the important […]

Caps and Budgets

Here’s a program to limit out-of-pocket costs and insurer overreach: Put a cap on household spending and put providers on a budget. The ‘skin in the game’ gambit has failed – by Merrill Goozner GoozNews Online vitriol isn’t pretty. But the mass schadenfreude that greeted the assassination of United Healthcare CEO Brian Thompson, while cruel […]

Consulting Firm Caught Promoting the Use of OxyContin

(Reuters File Photo) I picked this up while reading the Bangkok Post a newspaper I would pick up while in Thailand working. It is a notable newspaper. The following was printed in a press release by the Office of Public Affairs as released by the US Department of Justice. Justice Department Announces Resolution of Criminal […]

Every Valley: a seasonal book review

I finished Every Valley: The desperate lives and troubled times that made Handel’s Messiah by Charles King on Christmas Eve. It somehow seemed fitting to read this book in this season, although the oratorio Messiah was originally performed at Easter. I visited Handel’s birthplace in Halle three times in the 1990s, I’ve toured the Handel […]

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; […]