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    Commentary, Economics /

    Summer Doldrums

    July 2, 2013

    I apologize for the sparse blogging recently. I have, however a perfectly reasonable excuse: there’s not much new to talk about, and I, like you no doubt, am tired of repeating the same old stuff. News does continue to trickle out, so here’s an update: The economy is chugging along slowly. Too slowly to make […]

    Economics /

    Home Prices Rocket

    June 25, 2013

    There is very little news in the economy at present, hence my comparative quiet. Today, however, I have to make note of the Case-Shiller home price index results for April: prices rose at the fastest rate ever. Of course ‘ever’ in this case is only back as far as 2000 when the index was first […]

    Economics / Deirdre McCloskey, economic theory, growth, human capital, knowledge, Michael Polanyi, Nancy Folbre, primary knowledge, secondary knowledge, Tyler Cowan /

    Human Capital – The Knowledge Dimension

    June 18, 2013

    The very words have a bureaucratic ring to them. At least to me. Nancy Folbre has written an interesting article about the ending of the Golden Age of Human Capital, her main point being that there has been a major change in the landscape for higher education. The value of a college degree is not […]

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