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January 30, 2008



Most of all - thank you for those links to Willem Bulter's blogs that nicely explain why even the home you own is valued according to the rules of rent and why it's not net wealth. Very useful ammo for us LVTers - whom nobody ever seems to want to believe when we explain the same thing!


Why limit it to the just the data:

'Economics is extremely useful as a form of employment for economists – John Kenneth Galbraith'


"If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid." Keynes
But would it mean that they had to drive Volvos? Dearieme


As far as macro-economists are concerned (and having myself trained as one), I often wonder why we need more than one of them.-)


Who wants a mortgage anyway? Nasty things.

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