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...trick of the real estate trade is price-rent ratio, sort of the property equivalent of a stock's price-earnings ratio. What it's saying lately is encouraging, though not downright bullish...
...Gist: Scientists at Seattle Children's Research Institute and the University of Washington randomly selected 500 MySpace profiles belonging to self-described 18-year-olds in the U.S. to determine what sort of information the average teen was sharing online. Their conclusion? The kids are not alright. Well, half of them anyways. Nearly 54% of the selected profiles revealed details about risky sexual lifestyles, drug addictions and violent encounters with peers...
...years before she became her post-doc student. “I remember going up to her...and I shook her hand, and I told her that it’s so rare as a young woman you’ve got to model yourself after those people that sort of defy gender stereotype,” Carney recalls. “She is just a scientist. She is not a woman. She is not a man. She is just so inspiring...
...because we've spent the last umpteen years saying we've got to keep our deficit under control. This is not the time to worry about that. Until [Summers] came along, I was struck by how modest all of the stimulus packages everyone was talking about were. He's sort of the [John] Maynard Keynes of today. He says go for it - let's spend $600, $700 billion a year...
Israel’s response is criticized as “disproportionate and inappropriate” because so many civilians in Gaza have, sadly, been killed in the operation. What this sort of calculus ignores, however, is the tens of millions of dollars Israel has invested in bomb shelters throughout the south, the early warning system it has installed, and the mass migration of Israelis from their homes to avoid the murderous rain of rockets falling daily from the sky. Civilian deaths are horrible and tragic, but to suggest that death ought to be the only measure...