This (2023-09-18 Mo) Lunchtime in Ann Arbor! Free Sandwiches! (While Supplies Last)
braddelong.substack.com
Discover more from Brad DeLong's Grasping Reality
Economic history, economics, political economy, finance, & forecasting. Here to try to make you (and me) smarter in a world with many increasingly deep & complicated troubles...
Over 20,000 subscribers
Continue reading
This (2023-09-18 Mo) Lunchtime in Ann Arbor! Free Sandwiches! (While Supplies Last)
Inflation & the Labor Market since 2020: Q: A Successful "Soft Landing"? A: How would it look different if it were not? Note: Grasping Reality supplies information about sandwiches for omnivore...
Inflation & the Labor Market since 2020: Q: A Successful "Soft Landing"? A: How would it look different if it were not? Note: Grasping Reality supplies information about sandwiches for omnivore purposes only. It offers no warranty of taste or nutritional value…
<https://fordschool.umich.edu/event/2023/inflation-and-labor-market-2020-successful-soft-landing>
11:30 AM EDT; Weill Hall 1120, Annenberg Auditorium; 735 S. State St., Ann Arbor MI
This (2023-09-18 Mo) Lunchtime in Ann Arbor! Free Sandwiches! (While Supplies Last)
The one slide in here that I find perhaps less useful than an alternative measure: For housing, you specifically have chosen "new single family homes sold". It seems clear that in fact we _should not_ be building (and then selling) so many SFHs as we used to, because there is very little undeveloped land for new SFHs in the places where we ought to be building homes (e.g. the city of San Francisco and the inner-ring suburbs of same). So you really should be measuring total production of new housing square footage, or "units", or bedrooms, or _something_ like that. (I always find "unit count" kind of annoying because it doesn't distinguish between a studio and a 3BR family apartment.)
My understanding is that production of units is up, although not by nearly enough yet.
When will there be transcripts/the papers that were delivered. It's not fair that I can only take pot shots at Brad for what HE puts up. He's not even a good target, hardly wrong enough to bother.