Cost-of-Living
Student Loan Debt Exceeds Credit Card Debt
photo credit: Manuel FERRANTE In a previous blog, I wondered whether or not college was worth cost? Now we are getting a better picture of the cost and it isn’t pretty. According to a story in the New York Times about student loan debt: Student loan debt outpaced credit card debt for the first time [...]
Reverse Dust Bowl
Brandon Dutcher over at Dutch, Reformed blogs about the “reverse dust bowl” and our joint work on the subject . . . “More Californians reverse course and head to Oklahoma,” USA Today reports. This is something economist Scott Moody and I encouraged two years ago in the San Francisco Examiner.
Empirical Austrians
Empirical Austrians — is that an oxymoron? Mario Rizzo has an interesting post over at ThinkMarkets about the role Austrians may play in shaping the post-financial crisis world. However, he feels that Austrian economist have not done enough empirical work to convince others that Austrians have something to offer. In his words: Austrians failed to [...]
Cost-of-Living I
Folks often-times confuse inflation with cost-of-living. Inflation is the general rise in prices caused by too much money chasing too few goods and services. Cost-of-Living is related to geographic differences in the purchasing power of the dollar–created by real effects such as productivity or amenities. Sometimes the two can interact since easy money can filter [...]
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