For awhile, my favorite radio show was This American Life. And one of my favorite voices on the show was Sarah Vowell. Her nasal, girlish tone belied a sophisticated intelligence and wicked sense of humor. I recently read “The wordy shipmates” by Sarah Vowell. It’s basically her idiosyncratic take on the Puritans who colonized Massachusetts […]
Consumption leads jobs: a comprehensive update – by New Deal democrat Yesterday I encountered a post on Seeking Alpha from the chief economist for a major trading platform, who probably makes in a week the amount I pocket in an entire year from my writing, who wrote: “if one loses one’s job, one likely spends […]
The recent train derailment in Ohio of a Norfolk Southern train has me thinking. As this accident relates to our social order, there is just so many paths, perspectives and questions one can dive into. I almost could not decide what direction to address it all from. We have the capitalism/free market angle. Is this […]
The long leading forecast through year end 2023 at Seeking Alpha – by New Deal democrat Normally in late January I update my top-line long leading forecast for the entire year. A little late this year, it is now up at Seeking Alpha. If you follow my updates on the leading indicators, the result isn’t very […]
I have known Alan Collinge of Student Loan Justice for multiple years now. He has been prompting some type of relief for those who will never be able to payback these loans or are in default. The information in the chart above is from EOY 2020 and the Federal Student Loan Portfolio, Federal Student Aid, […]
Existing home sales and prices decline further, BUT . . . – by New Deal democrat Even though existing home sales make up about 90% of the total market, they have much less economic impact than new home construction. They are best used to confirm trends. In January they continued to confirm that sales have […]
F.D.R.’s statement on signing the Social Security Act reminds us to pay attention to ‘reform’ or schemes to ‘privatize’ PRESIDENTIAL STATEMENT SIGNING THE SOCIAL SECURITY ACT. AUGUST 14,1935 Today a hope of many years’ standing is in large part fulfilled. The civilization of the past hundred years, with its startling industrial changes, has tended more and more to […]
by David Zetland (originally published at The one-handed economist) Climate loss, grief and migration The climate we grew up with is leaving. International action to slow climate chaos is not really working. National action and market innovations are having some useful impacts, but they are far too few on the mitigation side and far too […]
Open thread February 18, 2023, Angry Bear, (angrybearblog.com)
At Infidel753 blog, author Infidel has a great commentary from February 14th. He discusses an “exhausted majority” making up America which has found the ongoing politics to be unacceptable, having checked out of either side of the battle. Granted, the politics of elections and the thereafter has turned into a mudslinging contest. The news media […]