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

You searched for: label/market-clearing prices

Oil and Commodity Prices

…This chart compares the price of oil to the CRB Index of industrial commodity prices — an index of 13 major commodities that does not include any energy or food…

George Will on “Low” Gasoline Prices

…we had just witnessed a record decline in prices. It would seem that prices have come down since then too – but would you call them low? Update: AB reader…

Krugman: That Hissing Sound

…stock prices. There are no Black Mondays, when prices fall 23 percent in a day. In fact, prices often keep rising for a while even after a housing boom goes…

House Prices

…of 2004 compared to the third quarter. Because prices rose so much earlier in 2004, the year-on-year (y-o-y) percent change in house prices was still high at the end of…