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

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About Angry Bear

blog is the brainchild of… Angry Bear (“AB”), who founded the blog in February of 2003. The title of the blog reflects his emotional reaction (anger) to his view of…

The Blog Post to End All Blog Posts: 1 of 2

On this Armistice Veteran’s Day, let’s try to do a counterfactual and Make Brad DeLong Happy.* Let’s assume that the Gramm-Leach-Bliley—commonly referred to, incorrectly, as “the repeal of Glass_Steagall”—is A…

Corporate Profits Soaring Thanks to Record Unemployment

…lows as gov’t payouts rise. http://www.usatoday.com/money/economy/income/2010-05-24-income-shifts-fr… 13. New York Times. Economix blog. Catherine Rampell. Nov. 23, 2010. Visualizing Booming Profits. http://economix.blogs.nytimes.com/2010/11/23/visualizing-booming-profits/ 14. $262 billion in equipment and software investment, calculated…

Greg Mankiw’s anti-tax arguments

by Linda Beale crossposted with Ataxingmatter Greg Mankiw’s anti-tax arguments [edits 3:00 pm] When academics write about our own experiences in op-eds and blog posts, we risk making a common…