Without accurate information in the form of prices, markets can’t function. As evidenced by RealPage’s prominence in the apartment software space, including what some deem “monopoly,” the market long lacked what RealPage is crucially offering.
Without RealPage, Apartment Rents Will Remain Nosebleed Read More »
Commenting on Twitter recently, Elon Musk wrote that inflation “is caused by the Federal government spending more than it earns, because they just print more money to make up the difference.”
Elon Musk’s Explanation of Inflation Is Sadly Contradictory Read More »
The main thing is that the problems with CPI extend well beyond the known demerits. Prices are at best a reflection of the actual inflation, which means CPI is a distant look back to what market participants already intuitively know, only for them to suffer government intervention on top of the initial devaluation error by governments lacking monetary price rules.
The CPI Is a Long Look Into the Distant Past Read More »
Quick: what will people do for a living in the future? How will market goods be transported to increasingly acquisitive and impatient customers? How will law enforcement protect people if a booming economy makes working in the sector a fool’s errand?
Sens. Rick Scott and Jon Tester Suffocate Discovery of the Future Read More »
Pundits on the right and editorial boards have rightly made sport of Kamala Harris’s calls for price controls. They don’t work. Settled science.
How Did Conservatives Get the Idea That Price Controls Whip Inflation? Read More »
Tipping has gotten a bad rap of late. Lots of op-eds and commentary more broadly from left and right about tips, and perhaps worse, the expectation of tips.
The Unsung Genius of the Rise of Tipping Culture Read More »
The most powerful evidence that CEOs are vastly underpaid can be found in the failures whose pay so angers the easily instigated. In seeing what they were paid despite overseeing declining corporate valuations and fortunes, we see just how much uncaptured value the great CEOs bring.
Jamie Dimon and Brian Nicoll Show CEO’s are Underpaid Read More »
Tech visionary Susan Wojcicki died of lung cancer on August 9th. It’s always sad anytime someone dies too early, but it’s especially sad that Wojcicki won’t get to see more of the future she helped create.
The Late Susan Wojcicki’s Garage Reveals Judge Mehta’s Lack of a Case Read More »
There is no “money multiplier.” If there were, money wouldn’t exist as an exchange medium.
Whom Do You Believe? ‘Money Multiplier’ Theorists, or Warren Buffett Read More »
While the future is always unknowable, one historical truism about Wall Street is that it’s long rewarded those who produce accessibility at low costs. So why not let Wall Street try its hand at housing?
If Affordable Housing Is the Problem, Wall Street Is the Solution Read More »
