Good Questions Outrank Easy Answers.

Economists Have Much To Be Humble About.

Macroeconomics, Even With All Of Our Computers And With All Of Our Information - Is Not An Exact Science And Is Incapable Of Being An Exact Science.

Our Ideal Society Finds It Essential To Put A Rent On Land As A Way Of Maximizing The Total Consumption Available To The Society. ...pure Land Rent Is In The Nature Of A 'surplus' Which Can Be Taxed Heavily Without Distorting Production Incentives Or Efficiency. A Land Value Tax Can Be Called 'the Useful Tax On Measured Land Surplus'.

I Couldn't Reconcile What I Was Being Taught At The University Of Chicago, The Lectures And The Books I Was Being Assigned, With What I Knew To Be True Out In The Streets.

I'm Not Sure Most Of The People That Get Caught Up In The Middle Of A Bubble Can Be Described As Irrational. It Seems Pretty Rational To Buy A House And Flip It In The Next Few Weeks At A Profit When That's Been Happening For Along Time.