Calculated Risk
Encyclopedia
Calculated Risk is a finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...

 and economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

 blog
Blog
A blog is a type of website or part of a website supposed to be updated with new content from time to time. Blogs are usually maintained by an individual with regular entries of commentary, descriptions of events, or other material such as graphics or video. Entries are commonly displayed in...

. It was started in early 2005 by former technology executive Bill McBride
Bill McBride (blogger)
Bill McBride is an American blogger who founded the economics and finance blog Calculated Risk. A former technology executive, in early 2005 McBride believed that the housing market in the United States was near its peak, and he posted articles and statistics to his blog to support his argument...

 (pseudonym Calculated Risk), with frequent posts by Doris Dungey
Doris Dungey
Doris J. Dungey was an American blogger who wrote extensively about the United States housing bubble for the blog Calculated Risk under the pseudonym Tanta.-Early life and work:...

 (under the pseudonym Tanta) until her death on November 30, 2008 from ovarian cancer
Ovarian cancer
Ovarian cancer is a cancerous growth arising from the ovary. Symptoms are frequently very subtle early on and may include: bloating, pelvic pain, difficulty eating and frequent urination, and are easily confused with other illnesses....

. As an early predictor of the United States housing bubble
United States housing bubble
The United States housing bubble is an economic bubble affecting many parts of the United States housing market in over half of American states. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and may not yet have hit bottom as of 2011. On December 30, 2008 the...

, Calculated Risk developed a "cult following" and influence over US fiscal policy. In January 2009, it received approximately 75,000 visits a day, and was the top economics blog by traffic statistics.
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