Zurich is today one of the hottest real estate markets in Europe: And based on UBS’ Global Real Estate Bubble Index for 2023, it also has the highest bubble risk: According to Bloomberg, there are a number of reasons for this: low housing supply, a… Read More
Andrew Kortina and Namrata Patel recently published an intriguing essay called, Kinky Labor Supply and the Attention Tax. They begin by talking about declining labor force participation rates, particularly among young men. Remember that the participation rate is distinct from the unemployment rate. Here is a… Read More
Air Canada bumped me from my flight this morning and so I am spending the day hanging out at Toronto Pearson Airport. I can think of more enjoyable ways to spend Canada Day, but at least there’s a nice seating area in Terminal 1 with… Read More
BRANDON DONNELLY 