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Government Is Making Housing More Expensive

Government Is Making Housing More Expensive

The average square footage in new single-family houses has been declining since 2015. House sizes tend to fall just during recessionary periods. It happened from 2008 to 2009, from 2001 to 2002, and from 1990 to 1991. But even with strong economic-growth numbers well...

Capitalism is Being Strangled

Capitalism is Being Strangled

It was out of a revulsion for tyranny and a hunger for liberty that Americans were inspired to revolution. We don’t like being told what to do. We went to war to secure the rights to life, liberty, and the pursuit of happiness.In our founding document, liberty was...

How Much Worse Can the Economy Get?

How Much Worse Can the Economy Get?

The most important question for asset prices right now, from stocks to houses to Bitcoin, is whether we’re due for a recession. Last week we got confirmation that according to the traditional definition of a recession—two quarters of negative growth—we are already in...

News Roundup 8/10/2022

News Roundup 8/10/2022

US News The Biden administration yesterday urged a federal judge to dismiss a lawsuit challenging the ban on gun possession by medical marijuana users, saying that law is consistent with a long tradition of firearm regulation in the United States. Reason The U.S....

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