Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/market-clearing prices

Industrial Policy

…of market failure include a lack of know-how or capital-market imperfections that unjustifiably hold back investment and can be countered by government support such as supporting scientific research and providing…

Lowe’s and The Home Depot . . .

…consumers nationwide have been reducing their spending to prepare to pay higher prices for everyday goods due to tariffs. According to a recent survey from market research company Numerator, 86% of consumers…

Tales from Two Experts

…in response to weakening labor market data, have all indicated a rate cut. The Fed must now choose between following the correct economic policy or risk surprising markets (and its…

Felix Salmon comments on media bias

…or “pessimism” in a market-report headline, that’s code for “the market fell and we don’t know why”, or alternatively “the market is volatile and yet we feel the need to…