Commentaries

Enjoy a selection of my commentaries below. To see the full listing of commentaries, please click here.

U.S. Has Much To Be Thankful For

Thanksgiving is a good time to consider the many faces of America’s abundance. With a few notable and troubling exceptions, our prosperity is secure and things are getting better. In the words of environmental writer Gregg Easterbrook, “Most indices of U.S. life have been positive for years, even decades.” Examples: The environment is improving. By almost…

Let’s not forget the Misery Index

Remember the “Misery Index”? The Misery Index is a good example of how the economy influences politicians. The Misery Index was used first by President Reagan in presidential election campaigns. It is equal to the sum of inflation and unemployment rates. Applied to presidential elections of the 1950’s, the index was under 6 and under…

Real estate rides into the info age

ANAHEIM, Calif. — “It’s a whole new world.” So rings the theme of the 87th annual meeting and trade exposition of the National Association of Realtors. It’s an apt theme because revolutionary changes hitting every other information-intensive industry are about to hit real estate. Nearly 17,000 people carne here last weekend to participate in business…