What Homebuilder Lennar Said about the Tough Housing Market: Average Sales Price Down 24% from Peak, back to 2017

Inflation & Nominal Economic Growth to the Rescue: The US Government’s Ugly Fiscal Mess

The Most Splendid Housing Bubbles in America: Price Drops & Gains in 33 Big Expensive Cities, May 2026

Biopharma R&D: The evolving formula for discovery and development

Innovation after innovation is advancing the biopharmaceutical industry, enabling better treatment of complex diseases. The industry has historically made its home in Europe and the United States, but that’s changing.

Dysregulation and the economics of AI policy

One of the great privileges of working in economic consulting is the opportunity to see the same issue from many different perspectives. Over the past year, I've had conversations with technology companies on topics ranging from AI governance and copyright to data regulation, digital competition, and semiconductor…

From access to assets: How early-life wealth building can shape economic mobility

Investing in children’s financial futures can narrow disparities and expand opportunity. Different scenarios for the new 530A accounts, also known as Trump Accounts, highlight the factors that can shape its impact.

Construction Job Openings Increase