The Radford Free Press – Page 253 – All life is problem solving.

Economics / Case Shiller Index, conference board, consumer confidence, consumption, home prices, real estate, recovery /

Housing And Confidence: Mixed Messages

February 28, 2012

I am busily preparing for the WEA conference on ethics next week, but today’s mixed news is worth a brief comment. Clearly the housing news is not great. The latest Case Shiller index report released this morning brings 2011 to a dismal close. Prices fell 1.1% in December, meaning that the year as a while […]

Commentary, Economics /

Time Is Money, Money Is Time

February 27, 2012

Time is money. The two seem to be entangled. In finance class we all learn about something called a net present value. This is an attempt to collapse a temporal string of cash flows into a single figure for comparison with other similarly collapsed numbers. More importantly it is an attempt to collapse time itself. […]

Economics / bank reform, banking, consumer confidence, GDP, real estate, stimulus, wages /

Round Up, and Returns

February 27, 2012

I’ve been off line for a few days, so I ought to catch up with the news. Which, it turns out, isn’t really news at all. The economy is right where we left it. Chugging along at an unspectacular pace, adding jobs at a modest rate, growing, but too quickly, and exposed to the exact […]

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