President Nixon's 1971 policy severing the dollar from gold created inflation and stagnant wages, and destroyed middle-class financial security for generations.| Fox News
Median Sales Price for New Houses Sold in the United States/Median Family Income in the United States| fred.stlouisfed.org
Last week I did a comparison of “time prices” for several goods and services in 1971 compared with 2024. For almost all goods and services, it took fewer hours of work in 2023 to purcha…| Economist Writing Every Day
In a post from July 2021, I discussed housing affordability and “zoning taxes” — in other words, how land use restrictions such as zoning were driving up the cost of housing in so…| Economist Writing Every Day