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Chicago, Vienna, and San Francisco
Comparing economic approaches by three major cities
July 1, 2008
Fred Foldvary, Ph.D.
Economist
By buying mortgages, the state subsidizes speculators
Somehow, Fannie Mae and Freddie Mac did not understand the real estate cycle and that their own institutions would make the recession that much more severe
July 1, 2008
Fred Foldvary, Ph.D.
Economist
The Tyrant in the Train
Transit systems depend on taxation to pay for costs. These extra sales taxes have an excess burden, reducing production and economic growth
July 1, 2008
Fred Foldvary, Ph.D.
Economist
The Truce and the Noose
The six-month truce between the Israeli government and the Hamas chiefs in Gaza offers opportunities which if not fulfilled could lead to greater dangers.
July 1, 2008
Fred Foldvary, Ph.D.
Economist
Speculation and the Price of Oil
Why pay more at the pump? There are solutions!
July 1, 2008
Fred Foldvary, Ph.D.
Economist
Ain't Got No Job
Restrictions and taxes prevent workers from being employed, and the remedy is to remove them.
June 1, 2008
Fred Foldvary, Ph.D.
Economist
Politicians take care of their own
California Grants Privileges to Government Personae
June 1, 2008
Fred Foldvary, Ph.D.
Economist
Must We Subsidize Genetic Flaws?
When parents create a child who will have medical costs because of genetic flaws, they should bear the costs, as they willingly took on the risk.
May 1, 2008
Fred Foldvary, Ph.D.
Economist
New York Fed Studies NYC Land Values
Even economists can separate out the value of buildings
May 1, 2008
Fred Foldvary, Ph.D.
Economist
Save Energy, Get Punished
Government chiefs claim they want to reduce environmental damage and promote energy conservation, but in practice, they punish people for doing this
May 1, 2008
Fred Foldvary, Ph.D.
Economist
GDP First Quarter 2008
How long can military spending and stocking inventory keep us afloat?
May 1, 2008
Fred Foldvary, Ph.D.
Economist
Should Hate Speech be Banned?
Speech is a danger if it directly incites people to physically attack the targeted group. But if speech only offends a targeted group, this is not considered a crime.
April 1, 2008
Fred Foldvary, Ph.D.
Economist
The High Cost of Food
When there is a product subsidy, then the increase in demand is artificial, and this shifts production from one use to another. That shift distorts prices, profits, and quantities.
April 1, 2008
Fred Foldvary, Ph.D.
Economist
Regulation of the Financial Industry
Do lenders need more cops or less temptation?
April 1, 2008
Fred Foldvary, Ph.D.
Economist
Who benefits from bailouts?
As in previous real estate booms, house builders overbuilt in the hot markets. Why don’t they learn? Because they expect a bailout.
April 1, 2008
Fred Foldvary, Ph.D.
Economist
A New Catholic Sin: being obscenely wealthy
The Vatican has revised the traditional Catholic “Seven Deadly Sins” with new ones, including “being obscenely wealthy.”
April 1, 2008
Fred Foldvary, Ph.D.
Economist
Germany Fiscally Invades Liechtenstein
If the European Union cracks down on Liechtenstein, violating its sovereignty, German and other European taxpayers will shift their accounts to other tax havens.
March 1, 2008
Fred Foldvary, Ph.D.
Economist
Tiny Democracy for Michigan and Florida
How can the Democratic Party chiefs claim they can govern better, when they cannot even manage an orderly primary election process?
March 1, 2008
Fred Foldvary, Ph.D.
Economist
Judges Impose Education Monopoly
California judges have ruled that parents are legally forbidden to home-school their children unless they have obtained a teaching credential from the state.
March 1, 2008
Fred Foldvary, Ph.D.
Economist
William F. Buckley the Georgist
Few people know that William F. Buckley was a Georgist, an adherent of the policies espoused by the American economist and social reformer, Henry George.
February 1, 2008
Fred Foldvary, Ph.D.
Economist
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