As a financial-markets-muckraker for the New York Times, Gretchen Morgenson provides an important and valuable service, especially when you consider the depth of muck in that sector in recent years. But there can be a fine line between raking muck and pointing fingers at legitimate activity. I thought she at least partially crossed that line… Read more
Archive for the ‘Housing’ Category
Kids stuck in the basement? Here’s why.
Over at PostEverything, with some pretty striking graphics.
Baltimore and Race-based Residential Segregation
While the protests and riots in Baltimore in recent days were critically triggered by yet another death of a young black man interacting with the police, there are of course many other forces at work. Mike Fletcher, a journalist at the Washington Post, has made important contributions to the poverty/economics beat in recent years. But… Read more
Inequality and the Housing Market
I wrote the other day that there’s an important regional dimension to the recovery of the housing market, and that localities that are doing well “look to me to be the ones with more income and job growth.” Well, along comes the always interesting David Dayen with a post showing the growth in home sales broken out… Read more
The Current Economy: Green Shoots or Brown Ones?
I was listening to an interview with Tim Geithner this weekend, and after going through his (highly readable) new book, they asked him where he thought the economy was headed. “I don’t believe forecasts,” he said, which sounded smart to me (he then proceeded to forecast). He was pretty bullish about growth, generally arguing what… Read more