Business Insiders

Residential Home Prices in USA: What Will Decide the Next Decade

Buying and selling residential property in the US is an important factor for the USA economy overall, as historically seen in the recession of 2008, brought about by a bust in the housing market. Thus, which way the housing market goes carries immense weight right now. Conversely, the housing market is also affected by numerous […]

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ICC, FCC, SEC… and DCC?

There are two ways of thinking about political prospects for the years ahead.  One is to dwell on the relatively narrow margins of the recent election – 80 million vs. 74 million votes cast, 306-232 in the Electoral College – and fear gridlock. The other is to look at America’s history of dealing with its […]

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A Dose of Vicarious Shock

It was a famous story from The New York Times in 1964. 37 Who Saw Murder Didn’t Call the Police; Apathy at Stabbing of Queens Woman Shocks Inspector by Martin Gansberg For more than half an hour 38 respectable, law‐abiding citizens in Queens watched a killer stalk and stab a woman in three separate attacks […]

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At the End of “Morning in America”

A political party in motion tends to remain in motion, pursuing a particular constellation of possibilities, until its motion is changed by an external force.  The Democratic Party last week got a bruising lesson in inertia. The collision with a complete political outsider has hammered the Republican Party, too. Until Tuesday, it was possible to […]

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A Victory for Vaccine Market Design

I often struggle to explain why I consider the Financial Times the best newspaper that I read. My conviction begins with the consideration the FT shows for my time and attention, as if it expects I have other things to do (in my case also reading The New York Times, The Washington Post and The […]

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Economists’ Fingers in Epidemiologists’ Clay

It is not difficult to identify a 9/11 moment in the 2020 Covid-19 pandemic, an event after which everything changed. Until mid-March, politicians in Great Britain and the United States were cautiously optimistic. Prime Minister Boris Johnson advised, “We should all basically just go about our normal daily lives.”  President Donald Trump, in an Oval […]

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Yellowhammer and a “No Deal” Brexit there is no hiding for Brexiteers !

I encourage you to read then yellowhammer report LINK which the government has been forced to publish last night. It clearly outlines the likely short term impact – massive delays for heavy goods vehicles at Dover-Calais, danger of fuel shortages, a hit to food supplies especially fresh fruit and vegetables, a danger of severe disruption […]

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The Coronavirus an economic perspective !

OK it is time I made some comments about the coronavirus and its economic and financial implications. My view is the virus itself is not such a problem more people will die of flu and influenza by a large margin this year. It will peak in about two months time and then numbers will fall […]

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Brexiteers enjoy your Brexit the joy will not last long !

Oh the Brexiteers like Farage, Gisela Stuart, Claire Fox, Boris, Gove, Raab, Patel will probably all be celebrating their beloved Brexit. But the reality is they are going to have to deliver on their false promises or some of the people they have duped with their lies and false promises will turn on them. Even […]

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The cost of Brexit

Since the resounding “win” for Boris Johnson in the election it is now certain that the UK will leaver the EU on 31 January 2020 . I don’t really think it was a win as much as a terrible performance by the Labour Party under Jeremy Corbyn who prove to be a spectacularly unpopular leader […]