A New Cause of the Housing Bubble

In the 663 page report from the Financial Crisis Inquiry Commission (remember them???), the 2000-2011 real estate boom and bust is blamed on relatively predictable conditions. Just glancing at their chapter titles and conclusions, you can see that they blame…

It’s Not Easy Being Green

In our school parking lot, we have prime spaces that are reserved for employees who drive a hybrid or electric car. After reading Ed Glaeser’s new paper, “The Supply of Environmentalism,” I realized that bestowing these tangible benefits on green…

Micro-Apartments

An iPad turns on the lights, the shower is a futuristic sounding vertical tube near the door and the bed becomes seating.  Occupying 161 square feet, this Dongguan, China micro-apartment is the size of a US mall parking space. But, at $133 a square…