Cases in which income taxation is preferable to lump sum taxation with the same ex post net transfers. The main reason for progressive taxation is that the welfare cost of taking money from wealthy people is lower, because they have a lower marginal utility of consumption. I would like to discuss other advantages of income […] The post Desirable incentive effects of income taxation I appeared first on Angry Bear. [Read More...]
Rescuing Disposable Time from Oblivion
Two hundred years ago this February, Charles Wentworth Dilke anonymously published a pamphlet titled The Source and Remedy of the National Difficulties, deduced from principles of political economy. Four decades later, Karl Marx would describe the pamphlet in his notes as an “important advance on Ricardo.” In his preface to volume two of Capital, Friedrich […] The post Rescuing Disposable Time from Oblivion appeared first on Angry Bear. [Read More...]
Scenes from the December jobs report
Scenes from the December jobs report Friday’s December jobs report saw the first decline in employment since the lockdowns of March and April. Let’s take a closer look.As I pointed out Friday, the losses were concentrated in the food and dining (restaurant) and amusement and recreation sectors, both of which are shown below normalized to […] The post Scenes from the December jobs report appeared first on Angry Bear. [Read More...]
Open thread Jan. 15, 2021
The post Open thread Jan. 15, 2021 appeared first on Angry Bear. [Read More...]
Jobless claims highest in three months – but seasonality still playing a huge role
Jobless claims highest in three months – but seasonality still playing a huge role On a unadjusted basis, new jobless claims rose by 231,335 to 1,151,015. Seasonally adjusted claims also rose by 181,000 to 965,000. The 4 week moving average rose by 18,250 to 834,250. Here is the close up since the end of July […] The post Jobless claims highest in three months – but seasonality still playing a huge role appeared first on Angry Bear. [Read More...]
Restore Medicaid to Its Former Self Quickly
Me – Talk: Recent article on Health Affairs I tapped into and decided to present here at AB. The topic? As expressed in the title, return Medicaid to its former self and improved upon by the new Biden Administration. I also have been working on additional posts touching upon the history of the opioid epidemic […] The post Restore Medicaid to Its Former Self Quickly appeared first on Angry Bear. [Read More...]
November JOLTS report shows the renewed impact of the pandemic, partial lockdowns
November JOLTS report shows the renewed impact of the pandemic, partial lockdowns This morning’s JOLTS report for November (remember – a month in which there were total job gains) showed a jobs market recovery that at least paused due to the increasing effects of the out of control pandemic. Hires were up (good), while quits […] The post November JOLTS report shows the renewed impact of the pandemic, partial lockdowns appeared first on Angry Bear. [Read More...]
How is the distribution of the covid 19 vaccines going in your neighborhood?
Having just had an operation at Mass General earlier this week, I was pleased to hear that the nurses I met had their first vaccination. But then I checked the Boston Globe and Med Page Today on our local progress in relation to my own turn. Worth a discussion and feedback on your own locality. […] The post How is the distribution of the covid 19 vaccines going in your neighborhood? appeared first on Angry Bear. [Read More...]
FDI and the Pandemic
by Joseph Joyce FDI and the Pandemic The ;fluctuations in portfolio capital flows to emerging markets ;over the past year have been well documented. But foreign direct investment (FDI) has also plunged in those countries as well as in the advanced economies. Moreover, FDI faces more long-term challenges than other forms of capital flows. In October the ;Organization […] The post FDI and the Pandemic appeared first on Angry Bear. [Read More...]
Covid related deaths to accelerate
The Centers for Disease Control and Prevention has a dire warning about what is to come for the COVID-19 pandemic, according to its latest ensemble projections. The agency believes that as many as 92,000 Americans will die from COVID-19 in the next three weeks despite the rollout of the vaccine. This represents a 25% increase in total COVID-related […] The post Covid related deaths to accelerate appeared first on Angry Bear. [Read More...]
Programming note
by New Deal democrat Programming note ; Four year ago I wrote a valedictory piece about the Obama Administration, and separately wrote of my fears of what the Trump Administration would wreak. Needless to say, especially in light of events of the past week, I intend to do the same retrospective as to Trump and […] The post Programming note appeared first on Angry Bear. [Read More...]
Open thread Jan. 12, 2021
The post Open thread Jan. 12, 2021 appeared first on Angry Bear. [Read More...]
You’ve Already Seen These Questions
You’ve Already Seen These Questions Why is it that no existing society, nor society that ever existed, has arrived at universal prosperity, considering that in all times, and in all societies, excepting only the very barbarous, a few years would naturally have led to it? How is it that notwithstanding the unbounded extent of capital, […] The post You’ve Already Seen These Questions appeared first on Angry Bear. [Read More...]
Exploiting the Stupids: The Intellectual Foundation of Movement Conservatism
Exploiting the Stupids: The Intellectual Foundation of Movement Conservatism From about the age of 8-12, I read a lot of sci-fi. Along the way, I stumbled across Robert Heinlein, in particular his novel The Day After Tomorrow, initially published as The Sixth Column. It was so crudely racist I avoided from then on anything with Heinlein’s name […] The post Exploiting the Stupids: The Intellectual Foundation of Movement Conservatism appeared first on Angry Bear. [Read More...]
Populism
Populism has a nice ring; ‘will of the people’ and all that good stuff. So, why doesn’t it ever work? Not even in backward nations? Populism is disastrous in a nation as complex as the United States in times as complicated as these. There’s a reason that it never turns out well. Populism feeds off […] The post Populism appeared first on Angry Bear. [Read More...]
Impeachment, again
I want to revisit my earlier post on impeachment. ; I am more inclined to support impeachment today than I was 6 days ago, although it is still far from clear that impeachment makes sense. ; Trump has done great damage to this country by making clear that congressional Republicans will allow a lawless, authoritarian president who […] The post Impeachment, again appeared first on Angry Bear. [Read More...]
Liars and Their Lies
Poor Jim Jordan, singled up with no Doug Collins, Trey Gowdy, Darrell Issa, Louis Gohmert, Mo Brooks, Ted Cruz, Josh Hawley, …, along side him, on 12 and 13 Jan, 2021, tried valiantly, well, at least loudly and indignantly, to pull the Republican wagon out of the ditch; the ditch that they all had taken […] The post Liars and Their Lies appeared first on Angry Bear. [Read More...]
Political Consciousness From the Daily Grind
Commenter Dale Coberly asked for this particular story to be posted. Renown Covid Restrictions Defier is Really Asking For A Better Government “We got a government that has taken the stimulus money and gave it to special campaign donors and special interests, abandoning me, and putting me in a position where I have to fight […] The post Political Consciousness From the Daily Grind appeared first on Angry Bear. [Read More...]
Why the UK’s COVID crisis should be personal for so many Tory voters
There are around16 million over 60s living in the UK, nearly a quarter of the UK population. They are the most at risk from COVID: catching the virus could be a matter of life or death. To them the government’s handling, or rather mishandling, of the pandemic should be a matter of acute personal concern. It certainly is for me. Around60% of over 60s voted Conservative in the last election. The NHS is currently at breaking point. Tired and demoralised after almost a year of COVID, doctors and nurses find their hospitals are full and we haven’t yet seen the impact of Christmas and New Year. Whereas Johnson acted in March to save the NHS, this winter he decided to save Christmas instead, until he was… [Read More...]
The Weirdest Thing about Claims of Electoral Fraud
The Weirdest Thing about Claims of Electoral Fraud Imagine that, on the eve of a national election, a candidate is far ahead in all the polls and seems to be cruising to victory. ; Then the results come in, and the unthinkable has happened: the candidate has lost handily. ; Your first instinct would be to take […] The post The Weirdest Thing about Claims of Electoral Fraud appeared first on Angry Bear. [Read More...]
- 1
- 2
- 3
- …
- 8
- Next Page »
