Jeff Snider



Dec 14, 2017
Ronald Coase was one of the few economists who was easy to admire. There are and have been a few out there, and it was Coase by and large leading the critique of the increasingly detached state of economics (really Economics).In his 1991 Nobel Prize acceptance speech, he...


Nov 27, 2017
Durable goods were boosted for a second month by the after-effects of Harvey and Irma. New orders excluding those from transportation industries rose 8.5% year-over-year in October 2017, a slight acceleration from the 6.5% average of the four previous months. Shipments of...


Nov 20, 2017
Home construction activity bounced back in October from several months of appreciable weakness. It may have been hurricane-related, with plans and projects delayed by the path of Harvey and Irma finally cleared to resume.


Oct 5, 2017
Auto sales rebounded sharply in September, with most major car manufacturers reporting better numbers.


Jul 19, 2017
Ten years ago yesterday, Bear Stearns sent a letter to shareholders of two specific hedge funds that it sponsored. Whenever anyone brings up the name now, you immediately know where this is going.


Jul 18, 2017
The term "ghost city" is a loaded one, often deployed to skew toward a particular viewpoint. In the context of China's economy, it has become shorthand for perhaps the largest asset bubble in human history. While that may ultimately be the case, in truth China's ghost...


May 26, 2017
According to Larry Summers, the Trump administration's recently released budget contains a most heinous elementary error that disqualifies the whole thing and every single person involved in it. Apart from being hugely convenient for his side of the political debate, the...


May 19, 2017
Progressive New York Magazine columnist Jonathan Chait writing for the leftist New Republic in 2010 prophesied that if the Republicans took Congress that year and Obama won a second term two years after, "the House will vote to impeach him before he leaves office." He was...

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