Democrats proposed subsidies do not make the rent any less high

Democratic Senators and Presidential candidates Kamala Harris and Cory Booker have both recently proposed legislation to address the issue of rising housing costs. Senator Harris’ bill ‘The Rent Relief Act’ and Senator Booker’s bill ‘Housing, Opportunity, Mobility, and Equity Act’ both focus on assisting people who pay more than 30% of their gross income on rent or, in the case of Senator Harris’s bill, rent and utilities. Continue Reading...

Hades is a bad economist

  This Sunday Christians all over the world (East and West together this year!) celebrated Easter or Pascha, the feast of the Resurrection of Jesus Christ, the holiest day of the liturgical year, the beginning of a festive season that lasts for the next forty days. Continue Reading...

The ‘Tragedy’ of the (Boston) Common

Boston Common Asset Management bills itself as “a leader in global sustainability initiatives.” Why would an investment portfolio management company label itself with the appellation “Common” when it carries such negative baggage? Continue Reading...