3 Jul 2011

Flashback: 26 Jun -- 2 Jul 2010

A year later and still worth a read...

The meaning of migration -- trading people for goods.

Wrong prices are expensive -- water is mispriced on the island, so it runs out for homes, businesses and hotels -- leaving everyone worse off.

California's 2010 Water Bond didn't pass. Good.

The deadweight loss of gifts -- and the efficiency of Asian weddings :)

Is New York rent control irrelevant? Seems to be for most.

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