Category Archives: Economy
Weights and Measures
Down here at the End of the World, as elsewhere, the rain falls on the just and the unjust alike. From our perch, in a quaint corner café here in Recoleta, we cannot easily tell one from the other… Continue reading
Why the Housing Affordability Crisis Could Last Another Decade
The U.S. housing market is currently stuck in a morass of rising mortgage rates, low sales, increasing inventory, and stubbornly elevated prices. If you’re a middle-class earner trying to buy your first home right now, a quick entry into a monthly payment calculator will deliver a heavy dose of disappointment. Continue reading
California’s Self-Inflicted Squeeze
Policymakers in Sacramento, over many decades, have operated under the assumption that if petroleum production, refining capacity, and fuel consumption were made sufficiently difficult and expensive, the market would rapidly transition to their preferred alternatives. Continue reading
The Brutal Truth About the Upcoming Stagflationary Simmer
Major U.S. stock market indexes continue to float along at or near all-time highs. The ride’s been both fun and exhilarating. Continue reading
