Recent Posts

India’s next rate decision shouldn’t cause anxiety

  Roiled by fears of a possible conflict with Pakistan, markets in India haven’t been terribly stable in recent days. But at least one source of anxiety has happily been alleviated. Investors are confident that Tuesday’s monetary policy statement from the Reserve Bank of India — the first since the departure of former governor Raghuram Rajan — will signal continuity, ...

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New immigration’s face changes the housing market

  The twin shortages plaguing the U.S. in 2016 — a shortage of cheap service labor, and a shortage of affordable housing — are products of the same little-noticed trend: For decades, the education level of immigrants has been rising. A recent report from the National Academies of Sciences, Engineering, and Medicine entitled “The Economic and Fiscal Consequences of Immigration” ...

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Economics can teach you how to dine as a couple

  Marriage counsellors tell us that couples frequently tie the knot without discussing the core matters that can cement or sunder their marriage: finances, children, religion. Well, let me add one under-discussed biggie to the list: restaurant dining. I am eternally astonished to find not only that many couples I know failed to discuss this key area before they marched ...

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