…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…

…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…

…Open-market operations/QE only affect asset prices via the flow effect (with bond spreads based on what maturities the Fed’s currently buying/selling). o Fed buying/selling pushes bond and equity prices in…

…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…

…old regime of control by Freddie failed due to private sector entry into the market. BigF applied the risk of old loan originator standards to the market without due diligence…

…private market who have employer-based group plans are not the only customers in the private market. Blue Cross, Aetna and Humana are not government agencies. The ACA-compliant individual-market plans all—all—are…

…post Paul Krugman looks at the dismal performance of US labor markets over the last decade. To make his point, he compares the employment to population ratio for all individuals…

Simon Wren-Lewis wrote about Aggregate Demand and the Labour Market. He shows that an aggregate demand constraint can keep employment from reaching its natural rate. He is essentially describing Keynes’…

by Joseph Joyce Volatility in the Emerging Markets Volatility has returned to the financial markets. Stock prices in the U.S. have fallen from their September highs, and the return on…