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

You searched for: label/market-clearing prices

Slowing Job Growth To Date?

…tariff games up and down and who makes deals and who does not. That is enough to create uncertainty in the market. “There are factors likely reducing the demand for…

Prices as virtuous

…mainstream economics sees prices as a virtuous. Everything can be solved by price. If there is some unbalance in the economy, it merely means prices need to rise or fall,…

Oil Prices

By Spencer, What is causing the rise in oil prices? Part of it is that $30 oil in December was most likely too low, and as the world economy and…

Auto Prices and the CPI

Earlier today in discussing auto prices I’m afraid I did not explain myself very well. Let me use actual data and see if I can do better. Because the CPI…