This is a blog with ideas for a book on using economics in daily life. The idea is that many people could benefit from ideas and data known by economists, but we economists do not always communicate them in ways that people can understand. Economists tend to talk to each other, instead. So, this blog is my attempt to remedy that. I’m starting with discussions about housing and mortgages. You can contact me with comments or criticisms at dcrousho@richmond.edu.


Dr. Dean Croushore is Professor of Economics and Rigsby Fellow at the University of Richmond and currently serves as the Chair of the Economics Department. He came to the University of Richmond in 2003 after 14 years as an economist at the Federal Reserve Bank of Philadelphia, where he rose to the rank of vice president. Dr. Croushore is a leading expert in the field of real-time data analysis, which studies the implications of data revisions for forecasting, monetary policy, and macroeconomic research. He is author of the Money-and-Banking textbook M&B, published by Cengage, and co-author with Andrew Abel and Ben Bernanke of the intermediate-level macroeconomic theory textbook, Macroeconomics, 9th edition, published by Pearson. Dr. Croushore is a visiting scholar at the Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center and teaches in the executive MBA program at Columbia University.