Here: http://bit.ly/hZia0m.
The banks have a huge paperwork problem regarding mortgages they hold. Either they can't find, or they may have destroyed, key paperwork. Then, they try to push foreclosure through the courts using possibly phony documents.
Right now there is a 18 month wait on foreclosure proceedings. So, from the home owner's point of view, if you are underwater with your mortgage and about to default, the rational thing to do is to stay in the house. You can get 18 months rent- and mortgage payment-free.
Brad
29 November 2010
Robert Lucas on income inequality and Malthus
This is an historical review of economic growth: http://bit.ly/9M0OA1.
He makes the points that (1) productivity gains underlay economic
growth and (2) productivity gains are the cause of the income
inequality.
Brad
He makes the points that (1) productivity gains underlay economic
growth and (2) productivity gains are the cause of the income
inequality.
Brad
Niklas Blanchard's
ten books to rule them all (http://bit.ly/cpVeoX).
I am a sucker for lists of books, lists of movies, or lists of
professors that have influenced people.
Brad
I am a sucker for lists of books, lists of movies, or lists of
professors that have influenced people.
Brad
Yes men
A Theory of Yes Men by Prendergast: http://bit.ly/eFRHTr.
The idea is that, if managers give incentives based upon subjective
data, then you'll get "Yes Men." If you don't want conformity and want
creativity, do not give incentives based subjectively.
Brad
The idea is that, if managers give incentives based upon subjective
data, then you'll get "Yes Men." If you don't want conformity and want
creativity, do not give incentives based subjectively.
Brad
A Fable of the OC
by Michael Munger: http://bit.ly/gY7dp2.
The OC is not only Orange County, but also Opportunity Cost. OC is a
difficult concept.
Brad
The OC is not only Orange County, but also Opportunity Cost. OC is a
difficult concept.
Brad
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