Studying, following and attempting to gauge economic and stock market trends is, truly, a “dismal science.” Definition of ‘Dismal Science’ A term coined by Scottish writer, essayist and historian Thomas Carlyle to describe the discipline of economics. The term dismal science was inspired by T. R. Malthus’ gloomy prediction that population would always grow faster than food, dooming mankind […]
Tag Archives: Prices
It’s Hot, But The Economy’s Not (?)
Home Prices Soar
According to the May 28, 2013 Case-Shiller 20-City Home Price Index (HPI) report, home prices rose strongly in March. The report showed that home prices rose a very strong 1.1 percent on a seasonally adjusted basis. The reading marks the fourth straight gain of over one percent. On a year-over-year basis, home prices rose […]