Why Your House Was So Expensive
Material-cost inflation, anti-building rules, NIMBY attitudes, and barriers to innovation have created a housing-affordability crisis.
Work In Progress
The Everything-Is-Weird Economy
If gas prices are plummeting, why is inflation rising? If jobs are growing, why is GDP falling? If everybody’s on vacation, why are consumers miserable?
The Biggest Problem With Remote Work
Companies need a new kind of middle manager: the synchronizer.
Six Reasons the Murder Clearance Rate Is at an All-Time Low
For the past 60 years, U.S. detectives have gotten worse at one of the most basic jobs of law enforcement.
Air Travel Is a Disaster Right Now. Here’s Why.
The U.S. seems to suffer from chronic Nothing Works Syndrome.
How a Recession Could Weaken the Work-From-Home Revolution
Company culture may soon resemble what bosses want, rather than what workers want—and that could mean a lot more people in the office.
America’s Most Important Economic Storyteller Is Confused
An old economy is dying, and a new economy is struggling to be born. Now is the time of monstrously confusing data.
The End of the Millennial Lifestyle Subsidy
Something beyond rising energy and labor costs is leading to sticker shock on once-cheap urban amenities.
‘Everything Is Terrible, but I’m Fine’
A mentality that explains a lot about the economy, electoral politics, and human nature
The U.S. Housing Market Has Peaked
But no, we’re not headed for anything even close to 2008.