The Scandal That is the Indian Police

The most basic public good of all, which should be the first priority of the government, is law and order. If you think of the principal-agent relationship between citizens and State, citizens would want to tie down the State to first focus on law and order, and deliver results on law and order, before . . . → Read More: The Scandal That is the Indian Police

Pending Home Sales: Longest String of Monthly Gains in 6 years

On Tuesday, the National Association of Realtors announced that the pending home sales index for June jumped 3.6 percent. The gain is the fifth such monthly gain in a row and represents the longest string of surges in six years! Year-over-year comparisons also now show improvement — up 6.7 percent since June of 2008. . . . → Read More: Pending Home Sales: Longest String of Monthly Gains in 6 years