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Some non-economic fizzle
Originally this blog was supposed to be more general then just economics, so will use this installment to discuss something more mundane: a home soda maker! Not a world-changing thing product, but if you like carbonated water (I picked up … Continue reading
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Those Evil Bondholders!
Think that the battle for what’s left of GM is just those evil evil bondholders and hedge funds vs. the poor downtrodden workers? Think again. That bondholder could be the substitute teacher next door. ( go to WSJ article ) Indivdual GM … Continue reading
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Foreclosure sucks, but…
is delaying the inevitable the solution? http://www.bloomberg.com/apps/news?pid=20601087&sid=aVd77NOyy2eA&refer=home Majority of Modified Loans Fail Again, Regulator Says (Update2) Email | Print | A A A By Alison Vekshin Dec. 8 (Bloomberg) — Most U.S. mortgages modified in a voluntary effort to keep … Continue reading
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Why government spending might not be better
Nobody spends somebody else’s money as carefully as he spends his own. Nobody uses somebody else’s resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you … Continue reading
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