Stolen from an e-mail from coberly and worth a comment or two I think: …”the free market” adjusts… freely… to taxes the way it adjusts to any other “scarcity.” but…

New home sales rise m/m, but signal caution for housing market going forward New home sales increased to a three month annualized high of 923,000 in January. This is of…

“Job Market’s 2.6 Million Missing People Unnerves Star Harvard Economist,” (msn.com), Ben Steverman  Originally in a comment in this post Discussion on Solutions to Social Security, Angry Bear. The number…

…a clearer view and a hint of an outcome. Read on . . . Existing home sales try to find a bottom, while severe bifurcation with new home market continues…

…sales, but drove up prices due to the very limited supply. The “big” news this morning was that existing home sales made a new 10+ year low at 3.84 million…

…point out, prices follow sales, and this year we have seen a pronounced downturn in permits, starts, and units under construction, as well as new home sales. The market typically…

 – by New Deal democrat Something not just unusual, but unprecedented has happened in the bond market this year. Normally, when an inverted yield curve (where earlier maturing bonds yield…

…treats any discussion of “free markets.” The fundamentalist approach to free markets (that I have sometimes labeled “free marketarianism” or “friedmania”) claims to believe that deregulation helps people by increasing…

Chris Martenson at Peak Prosperity emphasizes aspects of oil and gas markets often left out of discussions, something our own Spencer England has remarked upon as well in Oil industry…

…their wool to market, they have no incentive to produce that wool. (And no: they “didn’t build” those roads.) Some complement of common goods is necessary for the private incentives…