Excessive Optimism Sows The Seeds

The Only Sustainable Way To Increase Demand For Vacant Houses Is To Spur The Formation Of New Households. Admitting More Skilled Immigrants, Who Tend To Earn Enough To Buy Homes, Would Accomplish That While Paying Other Dividends To The U.s. Economy.

It's A Bubble. It Has To Have Intrinsic Value. You Have To Really Stretch Your Imagination To Infer What The Intrinsic Value Of Bitcoin Is. I Haven't Been Able To Do It. Maybe Somebody Else Can.

I Am Saddened That It Is Politically Inconvenient To Acknowledge What Everyone Knows: The Iraq War Is Largely About Oil.

Improvements In Lending Practices Driven By Information Technology Have Enabled Lenders To Reach Out To Households With Previously Unrecognized Borrowing Capacities.

I'm Not Denying That Monopolies Are Terrible Things, But I Am Denying That It Is Readily Easy To Resolve Them Through Legislation Of That Nature.