Op Ed
Tagged as:
Economics
It’s easy to make projections; it’s a bit more difficult to make accurate projections. And far more projections are made than accurate projections. So why do we listen so intently to the experts’ opinions, giving ourselves an emotional roller coaster, when they’re probably no more likely to be right than you or me? Let’s take [...]
8 April 2011
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Op Ed
Tagged as:
Economics,
Viewpoint
I thought this was interesting.. Economist Mish Shedlock published an email correspondence with a reader, where they discuss the concept of property taxes being similar to a mortgage you can never pay off. Imagine the perpetual loan, a loan that no matter what you do, you can never pay off. To help conceptualize the idea, [...]
1 April 2011
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