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 […]

Talking down and buying up

31 August, 2012 (09:20) | Banking, Bonds, Capital markets, Euro, Finance, Global news, Hard equity, Primer posts |

By:David A. Smith   Banker speak with forked tongue?   In real life, talking from both sides of one’s mouth is a prescription for social disaster, but in finance, the difference between two perspectives can have profitable consequences (at least in the short term), as reported in the Wall Street Journal (August 12, 2012):   […]

The ten housing-policy commandments – times two: Part 4, change and resilience

26 June, 2012 (11:17) | Affordability, Capital markets, Ecosystem, Essential posts, Infrastructure, Legislation and policy, MEEs, Policy, Primer posts, Theory, Urbanization, US News |

By:David A. Smith   [Continued from yesterday's Part 3 and the preceding Part 1 and Part 2.]   As we’ve seen so far in this four-part post, I had no trouble reeling off a score of answers, in response to the Bipartisan Policy Center‘s intriguing blog question:   What lessons can the U.S. learn from […]

The ten housing-policy commandments – times two: Part 3, program and products

25 June, 2012 (16:22) | Affordability, Capital markets, Ecosystem, Essential posts, Infrastructure, Legislation and policy, MEEs, Primer posts, Theory, Urbanization, US News |

By:David A. Smith   [Continued from yesterday's Part 2 and the preceding Part 1.]   As we saw in the two preceding posts, whereas Moses needed only ten rules for all of humanity, when called upon to reply to the Bipartisan Policy Center‘s intriguing blog question, I went on for twenty:   What lessons can […]

The ten housing-policy commandments – times two: Part 2, who should develop and own

22 June, 2012 (10:12) | Affordability, Capital markets, Ecosystem, Essential posts, Infrastructure, Legislation and policy, MEEs, Primer posts, Theory, Urbanization, US News |

By:David A. Smith   [Continued from yesterday's Part 1.]   Yesterday’s post covered five of the double-stack of housing policy commandments I posted on the Bipartisan Policy Center‘s blog, answering their intriguing question:   What lessons can the U.S. learn from housing programs, policies, or regulatory frameworks in other countries?    On to Part 2: […]