Blog Profile / Angry Bear

Filed Under:Business & Finance
Posts on Regator:4138
Posts / Week:11.5
Archived Since:February 18, 2011

Blog Post Archive

Fair use…linking as copyright infringement

Via David Dayen comes Playboy sues Boing-Boing: You can read our motion here, and EFF’s press release here. We’ll have more to say after the judge issues his ruling. Here’s the introduction from our motion to dismiss: This lawsuit is frankly mystifying. Playboy’s theory of liability seems to be that it is illegal to link to material […]

Rene Boucher Plea Bargains

In case you forgot, a neighbor of Senator Rand Paul was charged with assaulting him. And the reason? Rene Boucher was angry by seeing the 55-year-old senator stack brush near Boucher’s property. An attorney for Boucher did not immediately return a call seeking comment. Boucher faces a maximum of 10 years in prison if convicted, […]

How Amazon’s Accounting Makes Rich People’s Income Invisible

By Steve Roth (reposted) How Amazon’s Accounting Makes Rich People’s Income Invisible Increasingly, businesses don’t generate profits. They generate capital gains. It’s fiendishly clever. Image you’re Jeff Bezos, circa 1998. You’re building a company (Amazon) that stands to make you and your compatriots vastly rich. But looking forward, you see a problem: if your company […]

After the Global Financial Crisis: Are We Safe Now?

by Joseph Joyce After the Global Financial Crisis: Are We Safe Now? A decade after the global financial crisis the global economy seems (finally) to be enjoying a robust recovery. Economic growth is widespread and includes increased expenditures on investment, a sign that business firms expect continuing demand for their products. With the crisis finally […]

Democrats Are Silent Again

I do not understand the silence of the Democrats when it comes to dealing with the issues of this country such as student debt, the attacks by Trump and Republicans on the ACA, the Republican and Trump tax reform plan giving $billions to the 1% of the taxpayers making greater than $500,000 annually, the more […]

Minority unemployment: progress vs. prejudice

Minority unemployment: progress vs. prejudice On this Martin Luther King Day, let’s take a look at minority unemployment. This got a little attention earlier this month when the December jobs report showed the smallest gap ever between the unemployment rates of blacks and whites. So let’s start by confirming the good news.  Indeed last month […]

Are Voters In Nations With A Poland Problem Especially Sophisticated?

Are Voters In Nations With A Poland Problem Especially Sophisticated?  The argument here is that a nation with a Poland problem has a disconnect between its economic conditions and its political  outcomes.  It could be argued that in such a case the voters of that nation may realize that elected leaders (especially presidents in the […]

(88% of a Sample of) Republicans Helpfully Make it Clear That They Don’t Care About Accuracy

Jason Schwartz buries the lede in this genuinely alarming article in Politico “Study: Americans view media negatively, can’t agree on meaning of ‘fake news'” I attempt to excavate it. The study — the 2017 Gallup/Knight Foundation Survey on Trust, Media and Democracy, based on mailed-in responses from more than 19,000 Americans age 18 or older […]

Real wages in 2017

Real wages in 2017 Now that we have the report on consumer prices for December, let’s take a look at what happened with real wages in 2017. Consumer prices increased +0.1% in December, and wages for non-managerial workers rose 0.3%,  This for that month the average worker earned 0.2% more. For the year, the nominal […]

Interview with Jamie Galbraith

Via Marketwatch Jamie Galbraith states his thoughts on a how the current US economy functions.  Here are a few snippets: University of Texas economist Galbraith, the son of the famous Harvard economist John Kenneth Galbraith, believes mainstream economists and the Federal Reserve are too wedded to old ideas to see what is really going on […]

Martin Luther King also believed…

Via Alternet: 4 Ways Martin Luther King Was More Radical Than You Thought The slain civil rights leader was a critic of capitalism, the Vietnam War, and championed reproductive rights. By Igor Volsky / ThinkProgress January 20, 2014, 7:32 AM GMT Every January, Martin Luther King, Jr. is universally honored as a national hero who […]

A Reminder That It Was George W. Bush Who Was Responsible For Letting North Korea Get Nuclear Weapons

A Reminder That It Was George W. Bush Who Was Responsible For Letting North Korea Get Nuclear Weapons Tyler Cowen on Marginal Revolution has provided a link to a 2004 article from Washington Monthly by Fred Kaplan that lays out in great detail how George W. Bush, strongly backed by Cheney and Rumsfeld and against the views […]

What If?

Using crime and public safety as a political issue in an election year, New Mexico Governor Susana Martinez: “’I don’t believe that police officers should be under this constant threat of lawsuits that will often cause them to pause, if they’re following their training, there should be something that protects them.’ The bill would protect […]

JOLTS report confirms November payrolls strength

JOLTS report confirms November payrolls strength I’m changing my presentation of JOLTS data somewhat compared with the last year or two.  At this point I’ve pretty much beaten the dead horses of (1) “job openings” are soft and unreliable data, and should be ignored in contrast with the hard “hires” series; and (2) the overall […]

David Dayen reminds us opioid emergency ends in a couple weeks

Lest we forget: David Dayen’s Weekly Newsletter Politico notes today that the 90-day emergency declared actually ends in a couple weeks, and we’re in essentially the same place that we were before the declaration. Trump has not formally proposed any new resources or spending, typically the starting point for any emergency response. He promised to roll […]

Negative Interest Rates and a Term Structure Puzzle

Negative Interest Rates and a Term Structure Puzzle James Hamilton provided us with another interesting discussion on negative interest rates: we now have several years of experience from Sweden, Denmark, Switzerland, Japan, and theShow More Summary

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