Credit card losses rising at fastest pace since Great Financial Crisis

Frederic J. Brown | AFP | Getty Images Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis, according to Goldman Sachs. Credit card losses bottomed in September 2021, and while initial increases were likely reversals from stimulus, they have been rapidly rising since […]
Dark Matter and the Swimming Pool App
On July 24, at the peak of a hot summer, a local news station in North Carolina reported on a new example of the sharing economy. It’s a swimming pool app that connects homeowners saddled with expensive swimming pools they rarely use to neighbors who’d like to take a peaceful dip in a private setting […]
Trump Promises Largest Deportation in US History

Illegal aliens are pouring into America from the southern and northern borders. Cities have been destroyed, public places overrun, and local governments are wiping out their budgets to support these intruders. US citizens are beginning to clash with refugees, as was witnessed in Staten Island, NY, when people tried to prevent migrants from exiting […]
Competition in Zoning Create More Housing?

Why are American housing prices so high? How have zoning laws impacted the supply of housing? Is urban sprawl the answer to American housing and environmental problems? Judge Glock joins EconTalk host Russ Roberts to discuss the case for zoning laws and property taxes, the importance of competition among local governments, and the under-reported success […]