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    Economics / Case-Shiller Index, home prices, monetary policy, real estate /

    House Price Fever?

    May 1, 2013

    Yesterday’s news that the Case-Shiller index continues to move upwards is not necessarily good. The index shows that home prices rose another 0.3% in February bringing the increase since that time in 2012 to 9.3%. That’s the fastest annual rate of price increases for six years. The winding down of foreclosures, low interest rates, and […]

    Economics / austerity, business investment, consumption, economic policy, GDP, government spending, growth, inventories, Obama, trade /

    More Sideways Than Up

    April 29, 2013

    The economy just can’t get on a roll. We managed to get passed the slow down of late last year only to run full square into a self-inflicted slow down this year. Ugh. That’s a technical term for ‘I told you so’. The economy, as measured by Gross Domestic Product (GDP) grew at a 2.5% […]

    Economics /

    Victoria Chick Has A Point

    April 23, 2013

    And a good one too. Victoria Chick is someone whom I hold in high regard, so when she takes me to task, I owe everyone, and her specifically, a response. She has a problem with some speculation I mixed into my recent rant about the state of ethics in economics. Here is the offending paragraph: […]

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