Some people thought they saw a trend toward less construction in the October housing construction data. Now that the November housing data is out, we can revisit that claim.
The basic tools of supply and demand help immensely to understand and predict everyday events in our world. These days, many of those events are related to the financial crisis -- or the Panic of 2008 as I call it. But I also look at other issues related to fiscal policy, labor economics, and industrial organization.
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