…way that was calculated was the drop in stock market market capitilization during July 2002 when the legislation was passed. Somehow, SOX gets the entire responsibility for that July 2002…

…on the economics of proposals that would increase the level of federal intervention in the gasoline market. He points to this letter signed by Milton Friedman, Edward Prescott, and others:…

In his comments to this post, Jeffrey Miller points us to an excellent discussion from Roger Lowenstein: But as Alan Greenspan and Warren Buffett have observed, they aren’t “free” in…

…not a sign of a slack labor market but of “efficient changes in labor force participation” due to factors analogous to “summer vacations… winter holidays… every weekend” that cause fluctuations…

…Sector (pay): A few quotes: New federal housing data show that the nation’s most overheated local housing markets now make up such a large share of the total U.S. market…

…longer. The market for the used Prius is so strong that some owners are trying to sell them for more than they paid for them. The survey said that 8…

…much better.” 2. The market monetarists’ whole theory is that fiscal policy doesn’t matter (nor, apparently, does anything else) because the Fed will always offset it with monetary policy. So…

…yields, right? And if it starts selling them back, it will drive down prices and increase yields, right? The market should be front-running that, right? They should be driving down…

…secret behind most radical innovations, and that this requires economists to analyse the state as market ‘maker’ and market ‘shaper’ not just market ‘fixer’. You can view the video here….

…responsible for all the problems in the housing market that led to you know what! Well, except maybe not. Buried in the Saturday Real Estate section of the Washington Post…