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Unreal Estate

Two news items of note that have recently caught my attention.  The first, that China has been taking advantage of the global firesale of...

Growth or Virtue?

RINGOES, NJ. The numbers keep rolling in. The Dow is below 7000. Unemployment is above 8%. In the fourth quarter of 2008, the economy...

Food and Freedom

RINGOES, NJ. Isn’t it interesting how quickly speculation becomes conventional wisdom? Back in the fall, when we began to hear rumblings of economic catastrophe,...

It’s the Economy, Stupid

Los Angeles, CA At the risk of copyright infringement, I want to recommend a song of this title by John McCutcheon which appears on...

The Human Meaning of Property

MT. AIRY, PHILADELPHIA. Before I say something rather abstract about concrete things, a few personal words about what (and who) lies behind these thoughts...

What our Hands Have Wrought

RINGOES, NJ. In the fall of 2008, Americans were confronted with frightening news. The financial world was, the experts warned, teetering on the brink...