Brian Walsh
speaker
98 appearances
2 recordings
1 series
first heard Mar 2026
last heard 7 May
Brian Walsh’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in May 2026 with 1.
Appearances
That's what I was trying to do with this piece, honestly.
I was trying to think back to COVID, something I understood a lot more than I do oil markets.
And yet even I, in the moment, really understand
Couldn't make myself believe it was happening when it was happening until, honestly, it was a bit too late.
So I'd love to say that we can get better at this, but I know human beings too well to think that's likely.
Thank you.
We expect single-family home construction in 2026 to be down about 3 to 4 percent.
Hey, it's great to be here.
Yeah, it's true.
So we are spending, Americans, about 10.4% of our disposable income on food as of 2024.
And yeah, that is down a whole lot historically.
It's down from about 42.5%, so that was nearly half of people's disposable income as of 1901.
1947, it's down 23%, 15% or so by the 60s.
It's just been one of these long-term...
really consequential economic trends in US history is we just spend less and less of the money we actually have on the food we need to survive.
So this actually comes from a really interesting kind of economic backstory.
In 1857, a German statistician named Ernst Engel, who is not that Engels, not the Friedrich Engels of Marx, the different Engels, he began studying working class families in Belgium and noticed something really striking, which is that poor families would spend 60, 70% of their income on food, while wealthier families would spend under 50%.
So the richer you got...
The less of the share went to eating, even as you were eating better in absolute terms.
That eventually became known as Engel's Law.
Showing 41–60 of 98 · page 3 of 5
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