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    Economics / consumer confidence, consumption, home prices, real estate /

    Today’s News: Home Prices and [Lack of] Confidence

    July 28, 2009

    Two pieces of news were released today: the Case Schiller Index of home prices, and the Conference Board’s consumer confidence survey. The message: very mixed. The good news is that for the first time since 2006 there was a slight increase in home prices across the country. Prices in the twenty city index rose 0.5% […]

    Economics / Bernanke, derivatives, Federal Reserve Board, Goldman Sachs, monetary policy, regulation /

    Whither the Fed?

    July 28, 2009

    There has been quite a bit of discussion recently about the future both of the Federal Reserve Board with respect o its role as a regulator, and the future of Ben Bernanke its current chairman who term comes up for renewal in the not too distant future. Let me wade into the discussion. “It is […]

    Economics / health care, health care costs, health care reform /

    Health Care Oddities

    July 28, 2009

    The silliness associated with health care can be extraordinary at times. Paul Krugman today comments on the apparently common notion that government health care cannot work – it does in many countries; and that a private system can work anywhere – it cannot, as I tried to explain yesterday. Plus as he points out: America […]

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