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Tag Archives: economics

Has the government just lit the fuse on another atomic housing explosion/implosion? Probably.

The title of the attached article is, “Can’t Afford a House? Don’t Buy One.”

Seriously, don’t. I say this as someone who owns a house which is a little bit too small for his family and who would love to have people clamoring at my door with offers so I can in turn get a little bit bigger house. But if you can’t afford a house, if you don’t have a down payment, if your income has been wobbly, if you have a pile of student debt, save yourself the trouble and don’t “buy” a house. It’s just not worth it.

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Political entrepreneurs vs the real entrepreneurs

We are regulating our economy to death. One of the main reasons why there is an increasing disparity in wealth in this country is that the crony class is wrapping the middle class and the merchant class – the entrepreneurial class – in red tape. Pay a tax here. Pay a fee there. Do you have a license to do that?  It is harder and harder to build a business – something which is plenty hard to do without the crushing weight of the state.

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Boston Globe: Vote all you want. The secret government won’t change.

I was recently talking with senior wonk in Washington DC about this very issue. Why was it for all the think tanks, all the white papers, all the fits and crying in the media about this issue and that, that policy on the big issues hardly ever changes to reflect the will of the American people?

My friend thought basically the same as the author interviewed in the attached article. There is a surface level government and then there is the “deep state,” a place where massive power is housed, and wielded by largely faceless and mostly unaccountable managers who have agendas which are often very different from what you and I might want.

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Can You Uber a Burger?

You sure can, and lots else besides.

With mobile computing markets for practically everything are much more dynamic and useful for the average person.

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US spends $7 billion to eradicate opium crop, Crop 50% bigger in 2014 than in 2012

Rest assured that none of the $7 billion dollars went directly to war lords and other avowed enemies of the United States. I am sure the money didn’t go to fund new “deep wells” which enable poppy cultivation in previously inhospitable places, or to finance the transport of heroin into Europe, China, and North America.

Nope. That money, that taxpayer money, was money well spent.

Click here for the article.

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