The NY Times is, if nothing else, schizophrenic. It's surely not the last holdout for Liberalism; that myth was spiked by Judy/Judy/Judy. Today's issue is pluperfect. First, Floyd Norris calls for reinflating housing. But, then, we read this story about Germany.
For those who read regularly, you may recall (if you got here at the beginning) I have written about the folly of housing as investment. Housing is capital wasted, if one is a Smith/Rand leaning economist, anyway.
Read both pieces. Note, particularly, the German Man-in-the-Street. And the passing reference to inflation of house prices; yes, the speaker uses the word "inflation" and not "appreciation". Because, housing is just serial consumption, not investment.
What happens to capital when there's no more labor to replace?
Essays on topics economics: monopolists, oligopolists, and oligarchs aren't better decision-makers for the society just because they's rich and they ain't the damn gummint.
Gutting the Civil Service will put Trump where Garfield ended up
The Kleptocracy of Trumpistan, 49% Dictatorship, Welcomes You
The world is not linear.
-- Dr. McElhone/1974
Well, I'm going to do it, whether the women like it or not. I'm going to protect them.
-- The Orange Shitgibbon©anon./2024 [y'all get burkhas]
-- Dr. McElhone/1974
Well, I'm going to do it, whether the women like it or not. I'm going to protect them.
-- The Orange Shitgibbon©anon./2024 [y'all get burkhas]
There's a fine line between one person and 10 people with H5N1. By the time we've detected 10, it's probably too late.
-- Rick Bright/2024 [read the report, and this]
-- Rick Bright/2024 [read the report, and this]
Buck {Showalter] has always reminded me of something his father once told him:
"The jobs that are easy don't pay very well."
-- Mike Lupica/2023 [and don't qualify them to run anything; sub-GED knuckledraggers take note]
-- Mike Lupica/2023 [and don't qualify them to run anything; sub-GED knuckledraggers take note]
-- Marriner Eccles/1951
This Week's thought
There are many people living in fear right now. The economy is going to be
horrible in Arizona if they start massively deporting people. -- Irayda Flores/ 2024 [y'all voted for The Utterly Unhinged©; it's your bed, sleep in it]
See you next week in a brand new show©Heckle and Jeckle
About Me
Who I Am
Left wing economist since before it was fashionable
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