Tag Archives: economics

Urban Boom and Housing Crunch: The Dramatic Rise of U.S. City Home Prices

Between 1980 and 2020, the population of urban areas in the United States saw a surge of nearly 50%. Concurrently, most of these urban regions implemented strict regulations on the construction of new, denser housing. As a result of this combination – the escalating demand due to population growth and the tight controls on supply… Read More »

Marie Antoinette, Queen of France…

Marie Antoinette, Queen of France, was accused of single-handedly ruining France’s finances. Official estimates claim court expenses alone were 7% of France’s total budget but the real figure was a lot higher. She was given the name “Madame Déficit” during the French Revolution. The post Marie Antoinette, Queen of France… appeared first on Crazy Facts.… Read More »

Upon finding out he won the Nobel…

Upon finding out he won the Nobel Prize for Economics for his work on irrational decision-making, American economist Richard Thaler said he would spend the prize money as “irrationally as possible.” The post Upon finding out he won the Nobel… appeared first on Crazy Facts. Source