Wednesday, November 19, 2014

General Economics

Wall Street Journal | U.S. Housing Starts Down 2.8% on Multifamily Drop
Builders started construction on more single-family homes in October, but the gain wasn’t enough to offset a big drop in multifamily properties.
Wall Street Journal | U.S. Home-Builder Confidence Rose in November
A gauge of home-builder sentiment climbed in November, a hopeful signal for the U.S. housing recovery as it struggles to find its footing.

Econ Comments & Analysis                                                                                            
Forbes | The United States Is A Lot More Equal Than You Think
This is an interesting little observation from Mark Perry. That the United States is actually a great deal more equal that we generally get told it is. And it leads in to a further interesting question: how equal should a country be? There’s also one more point that we can make as well. Which is that even these figures underestimate how equal the country is after the full effects of government.