Conference Board: “US Consumer Confidence tumbled again in March”

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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

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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”

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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

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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)

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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

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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...

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