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

Book Review; Dying of Whiteness

Hey, I am stealing one (or at least a partial) from another blog. It is on target as I would say and it will provoke comments or at least some thinking about the issue. Dying of Whiteness, How the Politics of Racial Resentment is Killing America’s Heartland Lawyers, Guns, & Money, Erik Loomis (Blog writer […]

A “Wild and Dangerous” Scheme, Part Two: What’s “fixed” got to do with it? Do with it?

“…we have seen a calculation… which shows that the fixed charges, for machinery and the general management of a mill, are as nearly as possible equal to the cost of wages in the process.” In my earlier post on the “Wild and Dangerous Scheme” I teased the “egregious accounting error” committed by the author of […]

Biden or Sanders?

I want to weigh in briefly on the Biden/Sanders debate that’s been going on here over the past few days. No links, this is a quickie. There are two issues for Democratic primary voters to consider: 1) who will be a better president and 2) who is more electable in a race against Trump. Both […]

Some Instant Thoughts on Super Tuesday

(Dan here…Late to AB posting…what a difference a day or two can make.  Elizabeth Warren has withdrawn from the election process and is not endorsing either Biden nor Sanders at the moment.  Peter weighs in speculating on what is next.) 1. Biden benefitted from a wave of (orchestrated) last minute endorsements. One effect of this wave […]

Biden Unfit?

The latest political news is  .   .   .    Trump  claiming Biden is unfit for office. One can hardly imagine this scenario occurring of the pot calling the kettle black; but, this is what Trump is doing.  Biden does have his issues which were on display early on in his campaign. I am […]

 Vehicle sales for February continue to show mixed picture

 Vehicle sales for February continue to show mixed picture Let’s take a look at February car and heavy truck sales. Putting this in perspective of economic cycles, typically, after housing turns, consumer purchases of vehicles and then other durable goods (like major appliances) turn down. Broader consumer purchases are the last to turn down before […]

A “Wild and Dangerous” Scheme!

“…a scheme at once wild and dangerous.” “…a trick, too, of the clumsiest description…” I was hunting for the exact location of “Prince’s Tavern” in Manchester in 1833 when I stumbled upon an Economist article from March 30, 1844 addressing the “practical consequences” of  reducing the length of the factory working day from 12 hours […]

US consumers . . . still consuming

US consumers . . . still consuming Aside from sitting around twiddling our thumbs waiting for partial motor vehicle sales from February to be reported later, there’s no economic news of note today. But Tuesday mornings each week we do get chain store sales from the previous week. And if you’ve been paying attention, you […]