Canada is experiencing the hydrogen zeppelin of all real estate bubbles. It makes the 2008 US housing crisis look like a birthday balloon by comparison.
Yearly Archives: 2018
Now is the best time for Americans to list a house for sale
According to data from the National Association of Realtors, US housing prices are higher now than they have been in six years and more of them are selling at the asking price or above. Furthermore, early summer is the best…
Posted in Macro
House prices are a bit high in the US and crazy overvalued in New Zealand
New Zealand is experiencing the hydrogen zeppelin of all real estate bubbles. It makes the 2008 US housing crisis look like a birthday balloon by comparison.
How to eliminate most of the inefficiency of doing taxes
Americans waste way too much time and money preparing their taxes. There is a much more efficient information-age technology that other nations use which eliminate the entire burden for most citizens. If I’m not itemizing deductions (like 70 percent of taxpayers),…
Posted in Public Finance
Why I was wrong about the coming collapse of Obamacare
I’ve been teaching the conventional wisdom which says that a Bismarck-style universal health insurance program like Romneycare and Obamacare is like a three-legged stool. The three legs that hold up universal healthcare Bismarck systems like Obamacare are supposed to be:…
Posted in Health
Robin Hood and broken window facts and fallacies
Note: This is an update of two previous posts. The broken window ‘fallacy’ is an enduring parable invented by Frédéric Bastiat in 1850, and popularized in English by Henry Hazlitt (chapter 2) in his attempt to combat the dominance of…
Posted in Macro
Why tariffs won’t boost the economy like Trump thinks
Trump tweeted We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now we have a Trade Deficit of $500 Billion a year, with…
Posted in Globalization & International, Macro
Medianism 