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“Single-family housing starts and permits fell again in September as demand continued to weaken. Plunging homebuilder sentiment suggests an unfavorable outlook for housing.” ~ Robert Hughes

"Reality is messy. It seldom presents to us 'solutions.' Much more often we are confronted only with trade-offs. Principled and informed defenders of a policy of free trade accept this fact. I wish that more…

With inflation hitting Americans at the highest level in forty years, the debate over price controls, a policy tool long considered defunct, seems to be reigniting.

Last week my heart sank as I stood staring at my water meter.

Last week reports emerged that Elon Musk was growing tired of providing free Starlink—a satellite internet system operated by SpaceX—to the Ukrainian government. “The Starlink-Ukraine honeymoon period appears to be at an end:…

"The Fed’s chief task is to restore its lost credibility. In retrospect, the switch to average inflation targeting was a mistake. It gave the Fed plausible deniability for noisier, less predictable policy." ~…

“The industrial sector grew in September, posting record output. However, elevated price pressures, weak consumer sentiment, and an aggressive Fed tightening cycle remain risks. Caution is warranted.” ~ Robert Hughes

"To update Simon’s analysis, they 'calculate the hours and minutes needed to earn the money to buy goods and services' and discover that over time, people have been getting progressively more for the sweat of…