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Existing Single-Family Home Sales Rose Again as Prices Continue to Rise
“Existing-home sales rose in October, driven by the single-family segment, as prices continue to rise. Shifting housing preferences may continue to influence activity over coming months and quarters.” ~ Robert Hughes
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Should We Help Workers Who Lose Jobs to Imports?
“Too much of the discussion about job destruction and worker transition rests on the questionable assumption that all actors in markets, including workers, are either myopic or quite unintelligent (or both).” ~ Donald J. Boudreaux
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Don’t Blame the “Greedy Wealthy”
“The problem is that we have already spent hundreds of billions of dollars on programs to end poverty, and yet there is still….poverty.” ~ Michael C. Munger
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Twilight of the NYC Pizza Principle
“The link between NYC subway fares and the price of a pizza slice ended a few years back, but the death of .99 cent slices suggests that relative price changes are now confounding the most formidable business talents.” ~ Peter C. Earle
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