Posts Tagged ‘boom and bust’

  • Housing bubble and elasticity and factal math

    A New Cause of the Housing Bubble

    Feb 28, 14 • 263 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Economic Debates, Economic Growth, Economic History, Economic Thinkers, Financial Markets, Labor, Macroeconomic Measurement, Regulation, Thinking EconomicallyNo Comments

    In the 663 page report from the Financial Crisis Inquiry Commission (remember them???), the 2000-2011 real estate boom and bust is blamed on relatively predictable conditions. Just glancing at their chapter titles and conclusions, you can see that they blame