“Ideas in which economists have reposed the greatest confidence have been proved wrong and therewith, not surprisingly, the responding policy. And this has happened under circumstances which admit of no really plausible explanation, rationalization, or alibi—things in which we economists… Read More ›
Economic History
All Economics-related Posts
A Medial Examination Of Socio-Economic Disparities
I just got back from a stay at a $500/night hotel, and Boy, is my wallet tired! I was definitely out of my cultural and financial depth. Even the serving staff looked down on us. The wife was told to… Read More ›
Finance Book Review: The Psychology of Money
I stumbled upon this book as a recommendation amongst personal finance professionals and rightfully so, it tackles one of the key roots in personal finance that I have addressed in the past. That key pillar is that personal finance is… Read More ›
The Iniquity Of Property Taxes
by Al Benson Jr. It turns out that the property tax is one of the most hated of all taxes. Those who speak against it ask a good question. Why do you have to keep paying taxes for something that… Read More ›
Which Virginia Taxes Have Grown and How Much
Click for larger view. By Steve Haner What a difference just four years has made in Virginia’s financial condition, with the state’s General Fund tax revenue having increased 31% during the period and its Commonwealth Transportation Fund revenue increasing by… Read More ›
Unveiling the Truth: Taxes, Crypto, and Transparency
In recent years, the world of cryptocurrency has captured the attention of many, offering both substantial gains and significant losses for investors. While some individuals managed to generate wealth from their crypto investments in 2021, others experienced financial setbacks in… Read More ›
I HATE INTERNET BANKING
You may have read that my Bank Manager came to see me at home on Friday and you may have thought that that was a good thing. Yes it was good that she came with her accomplice, oops sorry, colleague…. Read More ›
Retrotechtacular: Building the First Computers for Banking
If you’ve ever wondered where the term “banker’s hours” came from, look back to the booming post-war economy of 1950s America. That’s when banks were deluged with so many checks, each of which had to be reconciled by hand, that… Read More ›
Real estate is a project-based business
A friend of mine just sent me this blog post from the venture capital firm, Shadow Ventures. They specialize in the built environment (i.e. real estate and construction) and the post is called, “What McKinsey gets wrong about the built… Read More ›
Taiwan Extends a Helping Hand: US$500,000 Pledged to Aid Lahaina’s Wildfire Recovery
In the wake of the devastating wildfires that engulfed the picturesque city of Lahaina, Hawaii, Taiwan has stepped forward with a heartening gesture of support. The Taipei Economic and Cultural Office (TECO) based in Honolulu made an announcement that resonates… Read More ›
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