…is supposed to be about evidence. The thing which struck me long ago is that the price of 7 year notes went down in the period from the first hingt…

…unlikely to tolerate this. Currently, tax hikes and a rebound of economic activity and commodity prices are pressuring prices in even the ‘fiscally austere’ European economies (Spain at 2.9% annual…

…information can be obtained at a price, and prices are what they would be if informed traders had rational expectations. This is exactly the dominant assumption in the finance literature….

…get Afghans to stop producing opium — all new this time with carrots. The problem is that the price of wheat is too low. The average Helmand farmer cultivates less…

…price. Well that sure explains why a decline in liquidity will cause prices to fall and why everyone is sure that more liquidity would be good for their balance sheets….

…slowing the descent of home prices — is either a detail or a distraction. Let me say this slowly, so even a NYT reporter can understand it: If you are…

…Mart, Home Depot and other major modern corporations will not resupply New Orleans without higher prices. Maybe they are all taking Labor Day off in honor of the Union movement….

This will teach them, right? H.R. 6377 directs CFTC to use all its authority, including its emergency powers, immediately to curb the role of excessive speculation in the energy and…

…States, according to an Oxfam report [PDF]. And as the price of corn fell, the Mexican government — citing free-market dogma — withdrew its ceiling on the tortilla price. According…

…the government raises the price. Rumors circulated that gas stations or the government was hoarding fuel in anticipation of further price increases, prompting the official New China News Agency to…