The incipient housing choke collar: July prices update
The incipient housing choke collar: July prices update Three months ago I first wrote about the concept of a “housing choke collar” constraining economic growth, to wit: The FHFA and…
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Crack v. Opioids and Violence v. Racism
…with violent crime; 26 respondents report the same for property crime. (See Figures 4 and 5.) The distribution and abuse of cocaine, heroin, and other drugs are also associated with…
How Bad is Crime in Washington D.C.?
…Chicago, Detroit, New York, Richmond, and Washington D.C. The lower half of the first graph looks at the crime rate per thousand. Washington D.C. is the lighter blue. Total crime…
Okay, let’s have a show of hands here: How many of you progressives want Obama to nominate a moderate to take Scalia’s seat? Because the Supreme Court should always be comprised only of arch-conservatives and a few moderates. How many want a former prosecutor, on the theory that the federal bench does not already have enough former prosecutors, and because the Supreme Court is just toooo pro-non-white-collar criminal defendant and tooo favorable to civil rights plaintiffs involved in the criminal-justice system?
…would be deeply offensive for Obama, or for that matter a second President Clinton, to nominate another Elena Kagan—or anyone who has no background in representing non-white-collar criminal defendants, especially…
How Much Crime Do Illegal Immigrants Commit?
…immigration crimes. Non-citizens were the offenders in only 14.1 percent of all other federal crimes in fiscal year 2015. According to Pew Research undocumented aliens accounted for about 3.5% of…
My response to Run’s and Barkley Rosser’s analogies to the 1980 election
…nearly the same appeal to Rust Belt blue-collar workers as it does to Southern and Southwestern older and middle-aged white voters. Another is the critical allegiance of blue-collar Rust Belt…
Trucking And Blue-Collar Woes
Paul Krugman talks unions: Trucking And Blue-Collar Woes MAY 23, 2017 5:11 PM May 23, 2017 What with everything else going on, this Trip Gabriel essay on truckers hasn’t gotten…
New home sales: is housing developing a price “choke collar”?
New home sales: is housing developing a price “choke collar”? So, new single family home sales for May were reported light this morning: Because this series is very volatile and…
US Trade Deficits and Blue Collar Jobs
…Drum). The discussion is over what hurt blue collar US workers, automation, China or two recessions. Yang says it is automation. Krugman disagrees in a tweet thread noting that productivity…
Rebound in existing home sales continues, but beware the housing “choke collar”
Rebound in existing home sales continues, but beware the housing “choke collar” Although they account for about 90% of the entire housing market, existing home sales are the least consequential…