Posts filed under “Economy”
From Don Boudreaux’s Everyday Economics: Hat tip Marginal Revolution What can a small, isolated island economy teach the rest of the world about the nature and causes of the wealth of nations? When Tasmania was cut off from mainland Australia, it experienced the miracle of growth in reverse, as the reduction in trade and human cooperation…Read More
Neighborhood Gentrification during the Boom and After Daniel Hartley and Daniel Kolliner During the housing boom, a number of large cities in the United States experienced redevelopment in their lower-income neighborhoods as higher-income residents moved in, a process known as gentrification. Looser lending standards, which were prevalent at the time, may have contributed to the…Read More
A College Education Saddles Young Households with Debt, but Still Pays Off Daniel Carroll and Amy Higgins Many parents believe their children must get a college degree—especially if they want to have at least as comfortable a lifestyle as their parents had; yet the price of a college degree has been rising rapidly…Read More
Today’s must read comes to us from Fortune, where editor at large Allan Sloane rails against “Positively un-American tax dodges.” Its your must read for today. Let’s see if the our elected representatives can manage to stop behaving like 10 year olds long enough to resolve this.