Economics Links–06.19.08
by Sean Hackbarth
- Sen. Barack Obama walks back from his protectionist primary election talk.
- Americas respond to high gas prices by driving fewer miles according to a new report.
- A hedge fund trader who’s made a killing shorting subprime loans forcasts $1.3 trillion in credit write-downs.
- May housing starts dropped 32.1% over 2007. Barry Ritholtz is right. This isn’t a bad thing because the bubble created such a large inventory that needs to be worked out.
- At the University of Chicago some professors object to naming a new research center after the late Milton Friedman. [via Craig Newmark]
