Blog Profile / Angry Bear

Filed Under:Business & Finance
Posts on Regator:3146
Posts / Week:10.6
Archived Since:February 18, 2011

Blog Post Archive

How Does Diversity Affect Economic Growth?  A Look at Data on Immigration, Tax Rates and Real GDP per Capita

Authored by Mike Kimel In this post, I will explain the annualized growth rate in real GDP per capita using tax rates and the percentage of the population that is foreign born using data for the United States.  The data shows the following: A. the tax rate that maximizes economic growth is higher than you […]

Jeeps Made w/American Steel by Union Workers in Toledo

CLEVELAND — Hillary Clinton entered the final phase of her campaign on Friday, working to ensure a victory that is decisive enough to earn a mandate for her presidency and a surge of voters to help Democrats win congressional races. Emerging from a nine­-day absence from the trail, Mrs. Clinton seized on the momentum of […]

Watching aggregate sales and payrolls

by New Deal democrat Watching aggregate sales and payrolls Way back in the depths of the Great Recession in 2009, I used to hear a lot of comments like, “How can people buy anything, when they don’t have jobs?!?”  But the truth is, as I pointed out at the time, that sales lead jobs.  This […]

The Start-Up They Signed

“The one thing you have over me is experience,” Mr. Trump said at one point. And yet it seemed clear through this last confrontation that there was a gap in knowledge, or at least in command of the material that candidates seeking to be president are expected to master. “Take a look at the Start­-Up […]

Donald Trump, A Man After My Own Heart

I don’t think we should have justices appointed that decide what they want to hear. – Donald Trump, last night Wow.  Out of the mouths of babes.   Or something.  I don’t think we should have justices appointed that decide what they want to hear, either. OMG.  I’ve been supporting the wrong candidate! Repeal the Supreme […]

Obama should tell the public specifically—in meticulous detail—what the Syrian refugee vetting process IS. Since Clinton once again failed to do that.

There has been a great deal of concern about the U.S. Refugee Resettlement Program. Are we letting terrorists into the United States? How much do we know about the Syrians being admitted? Is our vetting process strict enough? For more than two decades, I’ve devoted my professional life to refugee resettlement, working and collaborating with […]

Really disappointed that Clinton last night didn’t mention Trump’s single-year businesses losses of $916 million and his habitual stiffing of employees and contractors, and didn’t directly protest Wallace’s absurd the-stimulus-led-to-the-slow-growth asser

After the first debate, there was some criticism of Clinton that she came off as “too prepared”—a semantic contrast to Trump’s lack of preparation—and then criticism of the criticism: How can someone be too prepared for something? The answer to that question is that what was really meant by “too prepared” was “too programmed.” That […]

The darkening skies

by New Deal democrat The darkening skies In my Weekly Indicators column on Saturday, I noted that the data had gotten a little darker.  Since I have been increasingly concerned about the direction of the economy over the next year or two, I thought I would spell out where my worry is coming from.. Let […]

Paul Krugman Gets Berned. Er, Burned.

In a speech to a Morgan Stanley group on April 18, 2013, WikiHillary praised the Simpson­Bowles deficit reduction plan, which included reforming the tax code to increase investment and entrepreneurship and raising certain taxes and trimming some spending and entitlements to make them more sustainable. The ultimate shape of that grand bargain could take many […]

No, Mr. Trump, THIS is what a movement looks like

There it was.  That familiar logo, the one I’d seen on so many lawn signs and bumper stickers in my (very) liberal small-city college town, and at the top of so many emails I’d received since early summer 2015.  The logo with “Bernie” in sky blue, with a little star over the “I” instead of […]

Yellen wants to understand effective demand

Janet Yellen gave a speech where she posed 4 questions to economists in general seeking answers… The first question she asked was this… “The Influence of Demand on Aggregate Supply The first question I would like to pose concerns the distinction between aggregate supply and aggregate demand: Are there circumstances in which changes in aggregate […]

Anthropomorphic Mexico

WASHINGTON — In June of 2010, four boys were playing in the dry bed of the Rio Grande that separates El Paso from Juárez, Mexico. The international borderline, unmarked, runs through the middle of the culvert. The boys dared one another to run up a concrete incline and touch the barbed wire of the American […]

A glitch in the IS-LM model

Many top economists use the IS-LM model to support low interest rates. The LM curve of the IS-LM model is built upon a model of financial markets. In the graph above, money supply has been pushed far to the right to keep interest rates low. The model implies that the money supply would eventually have […]

On the Malleability of Cultural Traits – a Look at Irish-British and German-Americans

Authored by Mike Kimel The way the immigration process was structured from 1921 to 1965, 70% of immigrants to the US came from Britain, Germany and Ireland.  In a recent post I noted that the proportion of great writers to scientists in Ireland tended to be a lot higher than for Britain and Germany.  I […]

Okay, so how many of the 53 percent of voters who say they want a Republican Congress to thwart Clinton’s policy agenda have any idea what that policy agenda IS? Just wonderin’.

But those same polls [suggesting a Clinton lead] don’t suggest doom and gloom for down-ballot Republicans just yet. And in fact, there’s real reason for GOP optimism that Trump won’t ruin their year completely. … For one, the so-called generic ballot — i.e., whether people prefer a generic Democrat for Congress or a generic Republican […]

How Punctuality Affects Production

authored by Mike Kimel Earlier this month, I wrote a post noting that countries where punctuality is more highly prized in the year 1999 tend to have higher GDP per capita in both the year 2000 and in 2015.   I would like to follow up with a bit about how that happens, which I […]

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