WE'RE beginning to hear noises that we've reached a major turning point in the housing market - and that, with interest rates so low, this is a rare opportunity to buy. But are such observations on target? It would be comforting if they were. Yet the unfortunate truth is that the tea leaves don't clearly suggest any particular path for prices, either up or down.
The latest by and about Dr. Robert J. Shiller, Nobel prize winner and author of Irrational Exuberance. Independent and unaffiliated.
Tuesday, January 29, 2013
Friday, January 11, 2013
A Metaphor for Obama
NEW HAVEN – As US President Barack Obama begins his second term, he needs a simple way to express his vision and policies for the economy – a metaphor around which support for his policies might crystallize, thereby boosting his administration’s political effectiveness. So, what makes a successful metaphor work?
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