July personal income and spending return to normalcy. Normalcy is good How well personal income and spending held up throughout the pandemic is one of the best things about the government response. That has continued to be the case as of this morning’s report for July. Real personal income (blue) increased 0.7%, and is 4.2% […]

Physician signing bonuses reach $240,000, ASCs promote long term ROI (beckersasc.com) While the median physician signing bonus was $29,656, physicians on the high end of the spectrum were offered $240,000 or more. While signing bonuses at the high end of the spectrum were around $140,000 more than they were in 2019-20, they were down from […]

2nd Quarter GDP Revised to Indicate Growth at a 6.6% Rate The Second Estimate of our 2nd Quarter GDP from the Bureau of Economic Analysis indicated that our real output of goods and services grew at a 6.6% rate during the quarter, revised from the 6.5% growth rate reported in the advance estimate last month, as growth in […]

Prof. Linda Eissenberg, Ph.D., is a scientist at Washington University School of Medicine who spent more than two decades studying microbial pathogens. She now works in oncology as an assistant professor of internal medicine. “Why washing your hands and social distancing works”, St. Louis Post – Dispatch, Apr 4, 2020 What you really need to […]

Commenter and Blogger RJS, MarketWatch 666, Industrial Production Rose 0.9% in July After Prior Four Months Were Revised Higher The Fed’s G17 release on Industrial production and Capacity Utilization for July indicated that industrial production rose by 0.9% in July after rising by a revised 0.2% in June and a revised 0.8% in May, and is now up 6.6% […]

Commenter and blogger, Prof. Joel Eissenberg, Biochemistry and Molecular Biology  In the unceasing effort by the Right to politicize and weaponize the COVID-19 pandemic, some politicians have seized on a recent paper from Israel claiming that natural infection provides better protection than two doses of the Pfizer vaccine. Setting aside the orders of magnitude difference […]

July Durable Goods: New Orders Down 0.1%, Shipments Up 2.2%, Inventories Up 0.6%, Commenter and also Blogger at MarketWatch 666 The Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for July (pdf) from the Census Bureau reported the value of the widely watched new orders for manufactured durable goods fell by $0.4 billion or […]

“Eissenberg: Why a booster might be necessary,” Assistant Professor of Internal Medicine, Washington University, Linda Eissenberg, St. Louis Post-Dispatch, August 26, 2021. Professor Linda Eissenberg has spent over two decades studying microbial pathogens and has worked over 13 years on immunotherapies for cancer. _____________ Even people who were vaccinated are expressing anxiety these days which […]

Socially Ambivalent Labour Time XV: “Chapter Six” from the draft manuscripts of Capital The draft “Chapter Six” was preceded by an earlier version of the analysis of formal and real subsumption of labour under capital. That earlier version is 28 pages long in volume 34 of the Marx-Engels Collected Works. “Chapter Six,” proper, is 111 pages […]

By Steve Roth ( Steve Roth is a contributor to Angry Bear and is currently publisher of Evonomics. Originally published at Evonomics) April 14, 2021 You hear a lot about bottom-up and middle-out economics these days, as antidotes to a half-century of “trickle-down” theorizing and rhetoric. You’re even hearing it, prominently, from Joe Biden. They’re compelling […]