Economy

Rejoinder to Comments on House Price Affordability

In commenting on my post yesterday on house affordability, Bruce Hall brings my attention to this Supermoney article by Andrew…

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Grampa Simpson on Whining Whiners about House Affordability

  To quote: We read much about how housing is now “unaffordable”, but is that true? We bought a 2300…

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Taylor (1999) on Miran (2025)

Really, a 50 bps drop in the Fed funds rate in December? What does a Taylor rule…

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Affordability, Illustrated | Econbrowser

The AIER’s Everyday Price Index vs. 2024 stochastic trend, and CPI: Figure 1: American Institute for Economic Research (AIER) Everday…

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“Until we hear Brazil get mentioned, I wouldn’t get excited”

That’s Jason Miller, supply chain expert at MSU, noting 40% tariff to remain on Brazilian coffee (and…

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How Would One Detect Wag the Dog?

On November 12, a small tranche of emails from the Epstein estate were released. Interest in Jeffrey Epstein as measured…

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The Trump Agenda and the Housing Stock

Think deportations and construction labor force (not housing demand), and tariffs and construction costs. On the first…

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Truflation’s “Strategic Adviser”: BLS should “…expand the use of public-private partnerships”

Longer quote from EJ Antoni in Townhall: First and foremost, BLS must become radically transparent. For most data users, the…

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NBER BCDC Key Indicators – What Do We Know and What Do We Have Guesses For

Key indicators, and my guesses: Figure 1: Implied NFP preliminary benchmark revision (bold dark blue), ADP implied NFP…

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Coffee, as of September 2025 (since next reading will be November)

Average price per pound: Figure 1: Average price ground coffee, $/lb. (brown, left log scale), and beef…

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