All Commentary
Wednesday, January 26, 2011

Prices for Houses Keep Falling


“A new slide in housing prices has begun in earnest, with averages in major cities across the country falling to their lowest point in many years.” (New York Times)

It takes time for an economy to correct all the government-induced mistakes, especially when politicians stand in the way.

FEE Timely Classic
“A Microeconomist’s Protest” by Mario Rizzo