News
CNN Money | Zombie foreclosures still weighing on housing markets
Foreclosures have hit their lowest level in years, yet many cities report they are still struggling with the blight of "zombie foreclosures."
Bloomberg | Retail Sales in U.S. Increase for First Time in 3 Months
Retail sales in the U.S. rose in February for the first time in three months, a sign consumers are starting to shake off the effects of the harsh weather that had curbed spending even more than previously estimated.
CNN Money | 4 reasons Russia will keep gas flowing
Russia has turned off Europe's gas supplies before but will think long and hard before using energy as a weapon in its dispute with the West over Ukraine.
CNBC | US poised to become world's only superpower
I've been traveling around the U.S. for the past 18 months and have noticed enormous changes. They're not driven by the Federal Reserve's easy money policies, although many of the positive changes taking place in energy, manufacturing, technology and retail sales could not have happened if the Fed, namely Ben Bernanke, had not saved the economy from another Great Depression.
Econ Comments & Analysis
CNN Money | Millions of renters say they really want to buy a home this year
Millions of Americans say they want to buy a home this year, but many won't be able to, according to a new survey from Zillow.
Daily Caller | Big government still devouring freedom
A year ago, my book Devouring Freedom was released. It sought to address two questions. Does government growth really shrink individual freedom? And can big government ever be stopped?
Mercatus | The Regulation and Value of Prediction Markets
Prediction markets are exchanges where individuals trade what are sometimes called “event contracts.” Broadly speaking, these contracts specify some future event with different possible outcomes, define a payment structure based on those outcomes, and state a date when the contract expires.
AEI | QM and ATR rules limit mortgage credit availability
The Consumer Financial Protection Bureau’s (CFPB’s) new rules for mortgage lending practices will not deter predatory lending and will significantly increase many small banks costs of mortgage lending.
