GMU Economics Department Takes a Stand against the DEI Agenda in Academia

Nineteen current and emeritus members of the George Mason University economics department have taken a heroic stand against the attempt by Leftist faculty members and administrators to undermine American academia’s long-standing commitment to academic freedom and intellectual merit.  Their Statement of Commitment to Academic Freedom and to Intellectual Merit forthrightly rejects the diversity, equity, and inclusion agenda of the Left and unabashedly upholds academ

Money Supply Growth Went Negative for the Third Month in a Row, and Is Near a Thirty-Five-Year Low

Money supply growth fell again in January, falling even further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. January’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years.

Real Estate Markets Are Addicted to Easy Money

On Friday, residential real estate brokerage firm Redfin released new data on home prices, showing that prices fell 0.6 percent in February, year over year. According to Redfin’s numbers, this was the first time that home prices actually fell since 2012. The year-over-year drop was pulled down by especially large declines in five markets: Austin (-11%), San Jose, California (-10.9%), Oakland (-10.4%), Sacramento (-7.7%), and Phoenix (-7.3%).