Category: Primer Posts

Dictatorship is uneconomic

19 February, 2013 (16:50) | Argentina, Capital markets, dictators, Egypt, Global news, Government, Primer Posts, Speculation, Theory |

By:David A. Smith   As far as I can tell, dictatorships end in only three ways: internal revolution, aggressive war, or economic collapse from hyperinflation, a theory we are close to testing in Argentina (Washington Post, February 4, 2013), and could possibly come to a crucial test a few months hence in Egypt Reuters (January […]

Three key questions to give your ecosystem a physical: Part 3, follow the money

22 September, 2009 (10:02) | Ecosystem, Essential posts, Finance, Primer Posts, Theory, Titling |

By: David Smith   [Continued from yesterday's Part 2 and the preceding Part 1.]   So far, in tracing the housing finance ecosystem by examining three value chain (connections by which transactions occur), we covered housing providers finding housing consumers (Part 1), and the baton pass of recognized ownership/ occupancy rights (Part 2).   Now […]

Three key questions to give your ecosystem a physical: Part 2, follow the ownership

21 September, 2009 (10:34) | Ecosystem, Essential posts, Finance, Primer Posts, Theory, Titling |

By: David A. Smith   [Continued from yesterday's Part 1.]   In yesterday’s exploration, we suggested that if you want to understand a housing finance ecosystem and lack the statistics or reference resources to compile a proper survey, you can do well by conducting a simpler ‘physical exam.’   Is that all I am to […]

Three key questions to give your ecosystem a physical: Part 1, follow the critters

18 September, 2009 (09:16) | Ecosystem, Essential posts, Finance, Primer Posts, Theory, Titling |

By: David A. Smith If you get a new doctor, what’s the first thing he or she does – after establishing how you or your insurance will pay, of course? The physical exam. We make them cold so that we know you’re dead if you don’t flinch When we don’t know how a system works, […]

US property taxes: Part 2, local autonomy = local initiatives

24 July, 2009 (09:52) | Government, Ireland, Land use, Local issues, Primer Posts, Real estate taxes, Speculation, Theory, US News, Zoning |

[Continued from yesterday's Part 1.]   So there I was, mid-May in Dublin at the Foundation for Fiscal Studies’ 24th annual gathering, The Fiscal Treatment of Property, expanding on the topic Lessons from the United States and explaining US real estate taxation to a roomful of tax wonks.    Class, can you say ‘locally autonomous […]