…states also temporarily suspending their gasoline taxes as well, just to add to this movement.  The upshot has been both declining crude prices as well as declining retail prices. The…

…prices are still close to their all time highs: Finally, as I have been emphasizing for over a year, house prices lead the CPI measure of Owners’ Equivalent Rent by…

“Silly” Arizona House Representative Republican Justin Wilmeth is making an argument for lower gasoline, etc. prices to Arizona. Justin traveled to California to ask for no cap on fuel prices…

…prices according to the Case-Shiller national index (light blue in the graphs below) rose 0.3%, and the somewhat more leading FHFA purchase only index (dark blue) rose 0.4% [Note: FRED hasn’t…

…services, lowering health care utilization, prices, and thus costs. This proposition is neither new nor untested.” It is an attempt for the gov to get out of the healthcare business and…

Andrew Oh-Willeke points us to this, on the job market for lawyers: Slightly more than half of the class of 2011 — 55 percent — found full-time, long-term jobs that…

…simply doing what it was designed to do. That may be inconvenient for the bond market. The bond market should have seen it coming. BK:In their posts yesterday Mr. Webb/Coberly…

…exploit – a set of endemic departures of labour market operation from the first-best benchmark of full information, perfect competition, and decentralised price taking. Three labour market deficiencies, in particular,…

…“out of business”. “A shifting of social labor cost is also facilitated by a second factor—a large supply of labor in the market. Even in a perfectly competitive labor market,…

…caused the market to require that a single operating system would predominate. In the early years of innovation in the personal computer market a wide variety of operating systems developed,…