It’s clear the Fed has no real exit plan for QE3. No matter how the Fed tries to unwind its latest monetary policy it will be disruptive. The world economy is drunk on Fed funds and the detox will be ugly.

More Competition Mr. President, it’s where we need to start. Too few companies have too much market share in their sectors and absolutely no reason to investment spend or innovate. Most Corporations are already at maximum sustainable revenue growth with what their executives and board members consider to be right sized...more

The pair writes that they view themselves "as scholars" or paraphrased -whhhaaaaat you listened to us, we’re scholars for the love of god, we don’t live in the real world, it’s too complicated and moves to quickly. We need tenure, we have to write papers and publish, and convince important people we too are important, ...more

True, but here in North Atlanta home investors trying to rent are finding stiff competition from all of the new apartment complexes and luxury high rises coming online. The new apartments/high rises are up selling the amenities, Tennis Courts, Pools, Gym, Cub house, convenient shopping/dinning, and Security. Atlanta’s ...more

These are not all cash buyers driving this new bubble. Like most things it is a mix bag of investors. What I do see is many of the flippers getting stuck with houses that are not renting; (now there is simply too much rental inventory). Cash buyers may find themselves stuck with an underperforming asset that is even ha...more

Mr. Jubak: Could you please clarify what specific items you see not experiencing large price increases, because as you can clearly see, most consumers who’ve posted comments on your article (including myself) think you’re completely out of touch. Where do you buy your food, insurance (all types), education, clothing...more

The fallacy of first, a broken and burned out MBA philosophy. “First’s” go in Museum’s, “Best” make billions and build Nations. Be the “Best” and  not necessarily the “First”. If first were as paramount as many experts espouse then;  GM’s EV1 (do you remember?) would be the favored electric vehicle and not the Toyo...more

If you haven’t seen Lesley Stahl’s report on “China’s Housing Bubble” then you have no idea just how bad things really are in the Chinese economy. It is impossible to understand unless you see it. China is building City after City after City-Cities, filled with beautiful sky scrapers and parks and highways, and absolut...more

For such intelligent men (both economist are professors with UC Berkley roots and one is French, which may explain the love of taxes) this is a very limited, low brow method for reducing a government debt. First inflation (the more something cost, the more tax you pay on it) will be the largest unavoidable tax for all ...more