I Am Saddened That It Is Politically

A Decline In The National Housing Price Level Would Need To Be Substantial To Trigger A Significant Rise In Foreclosures, Because The Vast Majority Of Homeowners Have Built Up Substantial Equity In Their Homes Despite Large Mortgage-market Financed Withdrawals Of Home Equity In Recent Years.

The Arts Develop Skills And Habits Of Mind That Are Important For Workers In The New Economy Of Ideas.

These Days, Even Out Of Office, I Still Read Economic Reports.

I Was A Good Amateur But Only An Average Professional. I Soon Realized That There Was A Limit To How Far I Could Rise In The Music Business, So I Left The Band And Enrolled At New York University.

Nor Can Private Counterparties Restrict Supplies Of Gold, Another Commodity Whose Derivatives Are Often Traded Over-the-counter, Where Central Banks Stand Ready To Lease Gold In Increasing Quantities Should The Price Rise.