Browsing: Economy

Q2 final sales to private domestic purchasers — arguably a better indicator over time about momentum in…

by Calculated Risk on 9/02/2025 08:21:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.Wednesday:• At…

Why are some people cruel? Why are some governments cruel? Do cruel governments require cruel citizens? I take cruelty to…

I was thinking about how a completely subservient central bank can destroy price stability, referring to examples…

by Calculated Risk on 9/01/2025 05:04:00 PM This is something to watch again. Here is another update on lumber prices.SPECIAL…

Who defines and enforces property rights? If you are the average person, an undergraduate student, or even a mainstream economics…

The appeals court decision is a win, but we’re still a far way from resolving policy uncertainty:…

by Calculated Risk on 8/29/2025 11:13:00 AM Hotel occupancy was weak over the summer months, likely due to less international…

(This post is part of a series that began with this post.) The overarching theme of Musa al-Gharbi’s book is…

Torsten Slok provides this illuminating picture of discretionary spending (y/y), by category. A year ago, I wrote…