There is no such thing as a market price that cannot fall.
via economix.blogs.nytimes.com
The above quote is in the context of some who believe that some housing markets are/were immune from a bust.
« More evidence against the Peak Oil Doomsday Theory? | Main | Thanks Tim! »
February 14, 2011
Comments
Info
Subscribe
Buy our books :)
Categories
- Agriculture (74)
- Air Quality (201)
- Answer Desk (28)
- Attempt at humor (237)
- Beer (49)
- Behavioral Economics (1)
- Benefit-cost analysis (314)
- Book Reviews (53)
- Books (43)
- Cap-and-Trade (32)
- Cap-and-Trade Watch (316)
- Carbon Tax (135)
- Climate Change (1487)
- Coastal management (135)
- Contingent valuation (47)
- Contributors (130)
- Current Affairs (49)
- Deepwater Horizon blowout (44)
- Demand and Supply (158)
- Dubious to hopeless (22)
- Ecological Economics (60)
- Econometrics (13)
- Ecosystem Services (9)
- Energy Resources (1154)
- Environmental Justice (3)
- Film (2)
- Fishery Resources (405)
- Food and Drink (252)
- Forestry Resources (98)
- Games (3)
- Gas Tax (33)
- Government Policy (874)
- Guest Post (55)
- Health Effects (101)
- Humor (337)
- Just Because (95)
- Kahn (14)
- Land Resources (123)
- Macroeconomics (354)
- Marine Resources (106)
- Microeconomics (307)
- Movies (20)
- Murder (1)
- Music (94)
- Natural Hazards (253)
- navel gazing (16)
- Off topic (e.g., personal) (63)
- Outdoor Recreation (159)
- Peak Oil (6)
- Policy Benefits (145)
- Policy Costs (144)
- Politics (55)
- Public Humiliation (17)
- Puerile Humor (125)
- Recipes (2)
- Recommended Reading (316)
- Religion (17)
- Research (1243)
- Science (60)
- Self-loathing (51)
- Solid Waste (31)
- Sports (375)
- Sustainability (25)
- Teaching (612)
- Television (16)
- The Energy Collective (22)
- Tourism (13)
- Trade (16)
- Transportation (57)
- Travel (147)
- Value of statistical life (7)
- Water Quality (130)
- Water Quantity (125)
- Weather (110)
- Web/Tech (3)
- Weblogs (137)
- Wildlife Resources (196)