Supply and Demand (in that order)

Two readers generously offered their valuable insights on the Case-Shiller OFHEO gap I noted earlier this morning. Professor Nunes says that...

Earlier this month, the OFHEO calculated that housing prices rose significantly from December 2008 to January 2009. Today, S&P reports ...

The media reports that consumption spending rose in February for the second straight month, but they are referring to nominal consumption. R...

Another hypothesis about the banking crisis is that there is an externality -- certain critical institutions harm the wider economy when the...

One hypothesis about the banking crisis is that a secondary market for mortgages "does not now exist" (quote from Mr. Geithner...

The AP reports : "The Commerce Department says sales rose 4.7 percent in February to a seasonally adjusted annual rate of 337,000 from ...

The Commerce Department says : "New orders for manufactured durable goods in February increased $5.5 billion or 3.4 percent to $165.6 b...

Copyright, The New York Times Company Eddie Meek points me to this WSJ article , which suggests that, in order to raise housing prices, Gree...

This is so good that I'm posting it twice! Click here to read the commentary.

Wells Fargo chairman now explains that without TARP money, his bank would have simply obtained the funds privately.