The Top of the Housing Market

During the past decade the housing market has undergone a popped bubble and a recovery that could be heading toward a Minsky Moment once again.

A Short Version of the Housing Crisis Story

Problems in the housing market frequently signal a contraction in the business cycle as they did through the subprime mortgage crisis.

Why Do Young Adults Live With Their Parents?

In Slovakia, Bulgaria, Greece, Malta and Italy, young people, age 25-34, live with their parents. But not in Denmark, Finland Sweden, and Norway. Below you can see the country stats: The Reasons Pew Research provided some insight about multigenerational U.S. households. In 2012, returning…

Heed the Herd

By Mira Korber, guest blogger. Just the other day, I walked outside to find all six of my horses facing the exact same direction, muscles tensed, ears pricked, nostrils flared…Clearly their horsey intuition was picking up on some obscure, equine-eating…

Speculators, Thomas Jefferson, and President Obama

Thomas Jefferson and President Obama had similar concerns about financial speculators. In 1790, Thomas Jefferson opposed funding the domestic part of the Revolutionary War debt if the financial speculators who bought bonds at a depressed price would benefit. Instead Jefferson…