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Re: the bubble?
That theory sounds good but like Michael, I don't see any debris. We're combing the Seattle housing market looking for a house along almost exactly the same parameters as the Newmans, and it does not feel like an aftermath to us. Houses are still selling for thousands above list price and anything that's any good has mutliple offers and sparks a ...
Posted to Newmans Own by aradileepan on May 12, 2009
Reg Dereg Myths
the essential question is whether markets can fail, and whether failures like martingale effects arise solely from within unstable markets themselves, or instead are caused by government intervention free market idealogues will always blame the government as the root cause of the current crisis and vice versa for idealogues on the other side, who ...
Posted to Do the Math by barry payne - economist on October 3, 2008
Change won't come without government intervention
The author makes the assumption that wind only started taking off in the 1990s when the government got out of the way and let the market take hold. That is not true, wind took off because its cost had become bearable comparable to other renewables to the point where now it's about the same as running a natural gas power plant. That wouldn't be ...
Posted to Books by drgonzo1971 on September 9, 2008