Month: May, 2006

The financing quilt: the Musgrave Ritual, Part 2

18 May, 2006 (09:43) | Essential posts, Primer Posts |

[Continued from yesterday's Part 1.]

Assisting my friend Musgrave with his financial structuring problem, I was demonstrating the impossibility of any one financier providing all the capital required. Except, I observed, in pre-capital-markets countries, where savings circles, credit unions, mutual building societies, and similar capital aggregators are designed to save up all the capital [...]

The financing quilt: the Musgrave Ritual, Part 1

17 May, 2006 (10:18) | Essential posts, Primer Posts |

From time to time in these posts Watson has remarked on my many habits, such as the paradox (as he sees it) between my ordered mind and entirely disordered lodgings.
 

But his papers were my great crux. He had a horror of destroying documents, especially those which were connected with his past cases, and yet [...]

Pricing blue states bluer?

16 May, 2006 (09:47) | Uncategorized |

What two states are facing the highest rates of emigration? 
 

“Boston!”  “New York!”
 
From the Boston Globe:
 
Massachusetts lost more residents than it attracted in recent years, at a greater rate than any other state but New York, according to Census Bureau estimates released today.
 

 
The estimates show that between 2000 and 2004, more residents left Massachusetts [...]

NNO: Saint Katrina?

15 May, 2006 (10:36) | Uncategorized |

When hurricane Katrina splashed New Orleanians all over America, how did their lives change?  So many stories accentuate the negative by focusing on the unreconstructed or abandoned areas,
 

 
but as Ed Glaeser observed in his Boston Globe op-ed, our civic obligation to places extends only so far as they serve people.  As a great feature from [...]

DeSoto’s dryer, Part 4

12 May, 2006 (09:30) | Essential posts, Primer Posts |

[Continued from the previous Part 1, Part 2, and Part 3.]

This extended post has taken a tortuous journey:
 

“Follow the multi-part post! Follow the multi-part post!”
 

· Starting with illicit washer-dryers being smuggled into New York high-rise co-ops
· [...]