Rent Stabilization/Control is Back With a vengeance. At least it now is in New York State (and is a growing trend in a few other States as well). Although tenants love it today, will they still love it … tomorrow (with a bow to Carole King). Although 2019’s...
Leaving the European Union Is Brexit a Good Idea or a Bad Idea? That depends on who you are and what your definition is of “a good idea.” Boris Johnson, the Conservative Party frontrunner for Prime Minister, believes Brexit is a terrific idea. That’s because he thinks...
The Canary in the Gold Mine It wasn’t until 1913 that miners were first urged to bring caged canaries down into coal mines. They became the early 20th Century’s biological early warning system for detecting the presence of carbon monoxide, a deadly killer of coal...
Can Money Be Digitized? (a supplement to “What is Money?” in the June 12th TLR) Money’s new name, apparently, could be Libra. Facebook is in the process of creating a new digital currency that it’s calling Libra. It hopes to roll-out the new currency in 2020....
Deflation? Winter Deflation is coming. Or is it? If deflation is coming, will Central Bankers once again be able to Defend the Wall keep it at bay? Prior to 2019, the longest period of GDP growth in U.S. history was ten years. America will exceed that record this...
