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Grasping Reality with Both Hands (Free subscription) | 12/02/2009
Robert writes: >More Bad Climate Science from the Wall Street Journal Editorial Page...: One doesn't have to go all the way back to snowball earth to know that the Lindzen is full of it. Ice ages come and go with, evidently, very subtle forcing due to the Earth's wobble. I don't see how anyone can doubt that there is strong positive feedback around the current temperature. Now snowball earth...
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Angry Bear (Free subscription) | 11/21/2009
Robert Waldmann The one by Paul Krugman is a must read. what I hear is that officials don’t trust the demand for long-term government debt, because they see it as driven by a “carry trade”: financial players borrowing cheap money short-term, and using it to buy long-term bonds. [skip] the remedy should be financial, not fiscal. Have the Fed buy more long-term debt; or...
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Angry Bear (Free subscription) | 11/14/2009
Robert Waldmann Larry Summers, who is very very good at provoking debate, said “It may be desirable to have a given amount of work shared among more people. But that’s not as desirable as expanding the total amount of work.” Paul Krugman responds here True. But we are not, in fact, expanding the total amount of work — and Congress doesn’t seem willing to...
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Angry Bear (Free subscription) | 11/09/2009
Robert Waldmann is joining The Pigou Club and hopes for at least some discussion in comments. That is all.
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Angry Bear (Free subscription) | 11/28/2009
Robert Waldmann Among experts, there is a widespread view that people in the USA support social insurance an oppose welfare. It is a fact that they support social security old age and disability pensions and hated AFDC. It is suspected that describing social security as a pension plan with mandatory participation is part of the explanation of this. Therefore, some (including the Clinton...
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Angry Bear (Free subscription) | 11/22/2009
Robert Waldmann A specter is haunting Paul Krugman -- it is the specter of apparently sophisticated forecasters who predict a huge spike in US long term bond rates in the near future. He notes that most investors can't believe this or rates would already be high. He also notes that some of those who are predicting a spike seem to be top advisors somewhere in the Obama administration....
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Angry Bear (Free subscription) | 11/21/2009
Robert Waldmann Can the Fed do any more to stimulate the economy ? The question is back. The answer is only by making credible promises about the fairly distant future. My view is that this means no. I review the issue after the jump. Long ago Paul Krugman proposed that the Bank of Japan target inflation. In the new millennium this is called quantitative easing. The idea is that when...
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Angry Bear (Free subscription) | 11/14/2009
Posts are contributed by Rdan, cactus, Divorced one like Bush, Rusty Rustbelt (Tom), Spencer England, Stormy, Bruce Webb, Ken Houghton, Tom Bozzo, Robert Waldmann, Linda Beale, Rebecca Wilder, and Noni Mausa. Guest posts are frequently contributed and others welcome. Template by Calculated Risk and edited by Rdan.Copyright 2003-2009 Angry Bear. All Rights Reserved.
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The Motley Moose - Front Page (Free subscription) | 11/12/2009
... our current economists are Cactus, Divorced one like Bush, Ken Houghton, Spencer England, Stormy, Robert Waldmann, Tom Bozzo, Linda Beale, and Rebecca Wilder. Bruce Webb has added his expertise in particular on Social Security and current healthcare debate. Rusty(formerly Save the Rustbelt) adds his expertise on the health industry and mid-west. Noni Mausa is a professional writer...
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naked capitalism (Free subscription) | 11/14/2009
... Study: 2,266 Veterans Died Last Year Because Of Lack Of Health Care Boom2Bust Employment Policy Robert Waldmann, Angry Bear Sinking Dem polls force Stimulus 2.0 James Pethokoukis Job Losses Mount, Enduring and Deep Floyd Norris, New York Times. It’s the stupidity economy Paul Krugman. Goldman To Private Insurers: No Health Care Reform At All Is Best Huffington Post (hat tip reader...
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Angry Bear (Free subscription) | 11/13/2009
Posts are contributed by Rdan, cactus, Divorced one like Bush, Rusty Rustbelt (Tom), Spencer England, Stormy, Bruce Webb, Ken Houghton, Tom Bozzo, Robert Waldmann, Linda Beale, Rebecca Wilder, and Noni Mausa. Guest posts are frequently contributed and others welcome. Template by Calculated Risk and edited by Rdan.Copyright 2003-2009 Angry Bear. All Rights Reserved.
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Angry Bear (Free subscription) | 11/07/2009
Robert Waldmann I am eager to learn from this blog again. A problem with solar and wind generation of electricity is the sun isn't always shining and the wind isn't always blowing and it is costly to store energy. I don't see why energy can't be stored using hydroelectric dams. They store huge amounts of energy in lakes. So what's the problem. More thoughts after the jump. OK problem...
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Angry Bear (Free subscription) | 11/07/2009
Posts are contributed by Rdan, cactus, Divorced one like Bush, Rusty Rustbelt (Tom), Spencer England, Stormy, Bruce Webb, Ken Houghton, Tom Bozzo, Robert Waldmann, Linda Beale, Rebecca Wilder, and Noni Mausa. Guest posts are frequently contributed and others welcome. Template by Calculated Risk and edited by Rdan.Copyright 2003-2009 Angry Bear. All Rights Reserved.
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Angry Bear (Free subscription) | 11/06/2009
Posts are contributed by Rdan, cactus, Divorced one like Bush, Rusty Rustbelt (Tom), Spencer England, Stormy, Bruce Webb, Ken Houghton, Tom Bozzo, Robert Waldmann, Linda Beale, Rebecca Wilder, and Noni Mausa. Guest posts are frequently contributed and others welcome. Template by Calculated Risk and edited by Rdan.Copyright 2003-2009 Angry Bear. All Rights Reserved.
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Angry Bear (Free subscription) | 11/02/2009
Robert Waldmann Don't say you weren't warned. I am trying to understand the effects of the switch from mechanically controlled machine tools to electronically controlled machine tools and then to digitally controlled machine tools. I don't really know much about machine tools, but, then again, I don't know much about firms or the business cycle either. My thoughts after the jump. I warn...
