Lew, I knew that houses were overpriced years before the bubble broke. This was through no particular insight of my own, but, rather, because I read your site everyday (and ventured over to mises.org regularly). Marketplace ran a story today on foreclosures and featured more than a few economists who were surprised by the housing bubble (and got caught up in it themselves). I have no proof that I knew better, except, well, I didn’t buy a house!

The Best of Kathryn Muratore