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3 posts tagged with economics by jonp72.
Displaying 1 through 3 of 3.

Homeowners! You Have Nothing to Lose But Your Mortgages!

The Moral Dimensions of Ditching a Mortgage: University of Arizona law professor Brent T. White has written a provocative new paper (pdf) that urges homeowners with "underwater" mortgages" to walk away by strategically defaulting on their mortgage debts. [more inside]
posted by jonp72 on Nov 30, 2009 - 164 comments

What Happened to My Forty Acres and a Mule, Fool?

40 acres and a mule has been a slogan of African-American economic aspirations ever since the legislation creating the Freedman's Bureau promised ex-slaves parcels not exceeding forty acres each, to the loyal refugees and freedmen. General William Tecumseh Sherman's Special Field Order No. 15 decreed that the land on slave plantations be seized and distributed to freed slaves, but Andrew Johnson rescinded the order and vetoed expansion of the Freedman's Bureau. Both Henry Louis Gates and Dalton Conley have associated the failure to grant freed slaves their "40 acres and a mule" with the wealth gap between black and white Americans, but now an economics grad student, Melinda Miller, has brought important quantitative data to the debate in a new research paper. [more inside]
posted by jonp72 on Dec 14, 2007 - 43 comments

Button, Button, Who's Got the Button (So We Can Put Them in Jail)?

Permission to Innovate? How the Record Industry Is Like 17th-Century French Buttonmakers A corporate consultant blog makes a weird but compelling argument that the RIAA and MPAA are forcibly imposing a draconian 17th-century business model on the 21st century.
posted by jonp72 on Jan 13, 2007 - 45 comments

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