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Priced Out of California: Call A Supply Problem A Supply Problem
- April 28, 2026
- Posted by: Christopher Thornberg, PhD
- Categories: Economic Policy, Economics, General Economy, Real Estate
No CommentsMore than 850,000 residents moved out of California over the past decade, but we’re still not doing the one and only thing that will stem the tide… building more housing.
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Stagflation… Is It In America’s Future?
- April 9, 2026
- Posted by: Christopher Thornberg, PhD
- Categories: Consumers, Economics, General Economy
Stagflation is a rising danger in the United States, but the reasons why are different than in the past.
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Why Doom Narratives Thrive
- March 31, 2026
- Posted by: Christopher Thornberg, PhD
- Categories: Consumers, Economics, General Economy, Social Issues
Our cognitive biases lead us towards negative narratives more than positive ones… that’s a problem for economic policy.
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Narratives, Data, and the Duty of Economists
- March 4, 2026
- Posted by: Christopher Thornberg, PhD
- Categories: Economics, General Economy
When economists amplify claims that are inconsistent with the evidence, we do not close the gap between perception and reality—we widen it.
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Tariffs and Turbulence: Last Week In Review
- February 25, 2026
- Posted by: Christopher Thornberg, PhD
- Categories: Consumers, Economic Policy, Economics, General Economy, International, Taxes and Regulations
With debt above $40 trillion and deficits projected to widen, the nation is in an increasingly fragile fiscal position.
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Conspiracy, Truth, or Something Else: Untangling the Employment Decline
- August 14, 2025
- Posted by: Christopher Thornberg, PhD
- Categories: Consumers, Economics, General Economy
The recent downward revision of U.S. job numbers isn’t a conspiracy; it’s very likely the real deal and reflects an intensifying labor shortage.
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Who Should We Credit For Trump’s Big Win? Jerome Powell
- November 22, 2024
- Posted by: Christopher Thornberg, PhD
- Categories: Consumers, Economics, General Economy
The red wave that swept Donald Trump to a second term took most everybody by surprise. Unsurprisingly, the big win has sparked…
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U.S. Labor Market Fears and the Global Equity Swoon
- August 6, 2024
- Posted by: Christopher Thornberg, PhD
- Categories: Economics, General Economy, Social Issues
A sudden chill has hit global equity markets. Is the panic real, or needless?
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Surge Pricing Vs. Dynamic Pricing: What’s In A Name? As It Turns Out, A Lot!
- April 30, 2024
- Posted by: Christopher Thornberg, PhD
- Categories: Economics, General Economy, Social Issues
People should respond to real experiences more than to the labels attached to those experiences – that’s the concept of the rational agent. In practice, however, labels do matter… a lot.
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Surveys and the Economy—What They Do and Don’t Tell Us
- April 17, 2024
- Posted by: Christopher Thornberg, PhD
- Categories: Economic Policy, Economics, General Economy
Surveys capture narratives that may not fully reflect reality. Today, this is on full display in Americans’ views of the current U.S. economy.