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

Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading 

The second part of my book proposal is a chapter outline and summary. I will be doing that on the installment plan, one chapter at a time. Below is a table of contents: 2.0 Marx’s Fetters and the Realm of Freedom: a remedial reading – part 2.0 – Angry Bear 2.1 Ambivalence – Angry Bear […]

Responsible for your Parents’ Medical Debts, Maybe!

Why You Might Be Responsible For Paying Your Parents’ Medical Debts, by Kelly Phillips Forbes In her five years as a Democratic member of Pennsylvania’s State House, Kristine Howard has fought for gun control, abortion rights, environmental protections and greater funding for public education. But this year, after the death of a colleague, Anthony M. DeLuca […]

Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.0

Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.0 The second part of my book proposal is a chapter outline and summary. I will be doing that on the installment plan, one chapter at a time. Below is a table of contents:

Perceived Inflation and the Perceived Effect of Inflation

 I have my usual thoughts about inflation. People confuse levels and changes. I think this is a fundamental cognitive illusion. I think perceived inflation and the perceived effect of inflation on real incomes are based on an impressive pair of errors. 1) people estimate inflation from the price level comparing current prices to prices they […]

New Deal democrats Weekly Indicators July 22-26

Weekly Indicators for July 22 – 26 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The high frequency data, like the personal income and spending report, continue to show a strong consumer. Some of the long term negatives have also gotten “less bad” as well. As usual, […]

Pharmacy Benefit Managers (PBMs) are Hiking the Price of Drugs

A follow-up to the much longer report on Insulin (test on this later) and how PBMs impact pricing on other drugs. “Insulin A Drug Pricing Analysis,” Angry Bear. “Drug manufacturers alone set and raise drug prices, and PBMs are holding drug companies accountable by negotiating the lowest possible cost for drugs, including insulins, on behalf […]

What Defenses and Practices Mostly Worked During the Covid-19 Pandemic

Another add-on from yesterday as to why people should take precautionary actions when confronted with a pandemic such as Covid-19, the flu, or other contagions. There was much resistance to taking precautionary measures under the guise of a freedom to do what they wish to do mentality. Thousands of people paid with their lives after […]

The business model of American research universities

Ever since I graduated high school, I’ve been associated with one or another research university, either as a student, a postdoc or a faculty. And during nearly all of that time, I was engaged in some form of research. William Rouse wrote a book in 2016 entitled “Universities as Complex Enterprises: How Academia Works, Why […]

Dr. Fauci is a hero

The most economically consequential event of the past decade was the COVID pandemic. It saw countless heroic actions that will be forever unrecognized. Among those who were recognized were Katalin Kariko and Drew Weissman, who shared the 2023 Nobel Prize in Physiology or Medicine for the development of SARS-CoV-2 mRNA vaccines. A more controversial figure […]

Insulin A Drug Pricing Analysis

Money from Sick People Part IV: Paying a Premium for Drug Pricing Irregularity — 46brooklyn Research Starting with the Q1 2023 Drug Pricing file (all of this information was knowable before the 2024 Medicare plan bid process was completed). Within the files are the five insulin products we identified as taking large price decreases. 46 […]