Forgotten Lessons of Zoning Versus Markets
Even those who are not unfriendly toward markets often ignore or forget some of their properties. Consider zoning. A recent article in The Economist reports how high house prices have generated a YIMBY (Yes In My Backyard) movement that challenges some zoning regulations (“The Growing Movement to Restrain House Prices,” September 6, 2023). It is […]
Orangeopia | AIER
Pretty much everyone wants a higher standard of living, the question is how do we get there? Some argue that prosperity results from a wasteful and soul-killing consumeristic culture (so, that’s bad) or from government stimulating something called “aggregate demand” (so that’s good). Let’s assume prosperity is good, and governments have something to do with […]
Striking unions impacting the economy at a level not seen in decades
The auto workers’ strike is the latest in a series of labor-management conflicts that economists say could start having significant growth impacts if they persist. So far, the United Auto Workers stoppage has impacted just a small portion of the workforce with limited implications for the broader economy. But it is part of a pattern […]
Market Talk – September 18, 2023
ASIA: In August 2023, China’s monthly inflation rate compared to the same month the previous year was 0.1 percent, showing a recent decrease from a peak of 2.8 percent in September 2022. The annual average inflation rate for 2022 in China was 2.0 percent. There are regional variations in inflation rates, with Hebei […]
2:00PM Water Cooler 9/18/2023 | naked capitalism
This is Naked Capitalism fundraising week. 1501 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card or PayPal or our new payment processor, Clover. Read about […]
