Category Archives: Economics

What A Great Country!

From The New York Times: In 2007, the top one ten-thousandth of households took home 6 percent of the nation’s income, up from 0.9 percent in 1977. It was the highest such level since at least 1913, the first year … Continue reading

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Why Does Real Estate Cost So Much In Coastal California?

I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. From 2000 to 2005, the average home price in the United States increased by one-third. Millions of Americans began using their homes as ATMs, getting … Continue reading

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New York Times Reviews Two New Books On The Mortgage Crisis

One guy who signed on for a mortgage he could not handle was a New York Times economics writer. His new book is called BUSTED. Alyssa Katz has published, Our Lot: How Real Estate Has Come To Own Us. Katz … Continue reading

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The Housing Boom

Check out the book on Amazon.com. Economist Thomas Sowell appeared on Dennis Prager’s radio show May 27: Tom: If the results weren’t so serious, all this would make a great Gilbert & Sullivan musical, with all the mutually contradictory statements … Continue reading

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AIG Bonuses

Rabbi Gil Student writes: "R. Dr. Asher Meir published an article from two weeks about an AIG executive’s Op-Ed in the NY Times in which he announced his resignation (Op-Ed in NYT, Asher Meir). Dr. Meir calls the letter "a … Continue reading

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Checking My Investment Portfolio

I check mine obsessively, always weighing up my number of mitzvos and comparing them to my number of averas. At the moment, these two sides of the ledger are dead even. Rabbi Gil Student writes: Some people are tempted to … Continue reading

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Orthodox Harvard Student Takes On Barney Frank

Watch the video on the left: CAMBRIDGE, Mass. (myfoxboston) – It all started with a question: "How much responsibility, if any, do you have for the financial crisis?" Rep. Barney Frank (D-Mass) and a conservative Harvard law student debated over … Continue reading

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ToolsToLife.com – Life Coach Devlyn Steele

We talk by phone Wednesday afternoon. Originally from New York City, Devlyn Steele lives in Santa Monica. He’s relaunched his personal growth website ToolsToLife.com. Luke: "Coach Steele, why did you become a life coach?" Coach: "My entire life, I’ve been … Continue reading

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‘The Unincorporated Man’ – A Science Fiction Novel Based On The Ideas Of Economist Milton Friedman

My Orthodox friend Dani Kollin has published a book with his brother Eytan. Here’s a plot synopsis: "A brilliant industrialist named Justin Cord awakes from a 300-year cryonic suspension into a world that has accepted an extreme form of market … Continue reading

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‘Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis’

This is an excellent new book on the mortgage and credit meltdown. The authors get inside the lives of the leading characters in the mortgage meltdown and explain what makes them tick and what makes their business work (or fail). … Continue reading

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