Month: April, 2009

The embryo house: Part 1, the idea

30 April, 2009 (09:38) | Configuration, Embryo house, Essential posts, Housing, Self-built Housing, Tenure, Theory | No comments

In the developed world, we think of the house as a finished product, something built by a contractor and occupied only when done.
 

The American vision of a new house: something constructed and occupied only when complete
 

That modern evolving American home is a new creature that first made its US appearance in the mid-nineteenth century and [...]

Childhood poverty damages your mind

29 April, 2009 (11:29) | Policy, Poverty, Tenure, Theory | No comments

I am just a poor boy, though my story’s seldom told. I have squandered my resistance, For a pocketful of mumbles, such are promises.
All lies and jest.
The Boxer, Paul Simon
 

Poor girl, Oklahoma City, 1936
 

Why are people poor? The question echoes down the ages. Is it their destiny, their upbringing, their character, their misfortune?
 

Recently the [...]

Planks in the new regulatory platform: Part 2, putting the ‘fair’ in value

28 April, 2009 (14:31) | Capital markets, Regulation, Subprime, US News | No comments

[Continued from yesterday’s Part 1]
 
Yesterday’s post highlighted the first of two new planks in a slowly emerging post-crunch global regulatory framework and platform, restoration of the uptick rule (as reported in the New York Times and as we recommended last December).  Today we look at another overdue change as part of the necessary improvements in [...]

Planks in the new regulatory platform: Part 1, the uptick rule

27 April, 2009 (14:17) | Capital markets, Regulation, Subprime, US News | No comments

Because new technology always outruns safety warnings, we discover the necessary improvements in regulatory structures only after the financial catastrophe – or, said more optimistically, now that we’ve lost all this money, shouldn’t we at least use the knowledge to build a new regulatory platform?
 

When designing new regulatory structures, wear a hard hat and a [...]

The sincerest form

24 April, 2009 (09:17) | Economist, Humor, US News, Wall Street Journal | No comments

 
“Mediocre writers borrow; great writers steal.“ 
– T. S. Eliot
 

Posted anything worth stealing, David?
 
Faithful readers know I often draw on the Economist or the Wall Street Journal – with full attribution, to be sure! – for stories that form the kernel of these essays.  Judging from two recent pieces, the peeping is returned:
 

I spy with [...]