Conference Board: “US Consumer Confidence tumbled again in March”
Conference Board confidence index at 92.9 vs. 94.2 consensus. Here’s confidence vs. U.Mich sentiment (all standardized).
Figure 1: U.Michigan Economic Sentiment (blue), Conference Board Confidence...
The Impracticality of Henry George’s Land Tax
For those not familiar with the work of Henry George (1839-1897), he is best-known today for the thesis of a book called Progress...
“the stock market has predicted nine out of the last five recessions”
As attributed to Paul Samuelson. So, with trepidation, I show the SP500 and CAPE over the last half decade:
Figure 1: SP500 (blue, left...
High and Low Stress in the Workplace: A World War II Example
Will workers in an inherently high-stress environment perform better if their bosses seek to defuse that stress? Or if their bosses play up...
Bird Brains, Bird Sex, and All Kinds of Beauty (with Matt Ridley)
0:37Intro. Russ Roberts: Today is March 4th, 2025, and my guest is author, naturalist, and scientist Matt Ridley. This is Matt's fifth appearance...
Economic Uncertainty in the US Economy
It’s intuitively obvious that “uncertainty” matters in economic decision-making. If the risks of making a choice–starting a company, making an investment, buying a...