Archive | August 2016

height

Falling Behind

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It’s good to be tall. Tall people tend to be more highly educated, earn more over their careers, are higher in the social pecking order, and live longer with better health. [Please don’t complain to me that these statement are untrue or unfair: these are true as generalizations, and I can cite the studies if you insist; these are fair because, well, maybe they’re not fair. But that’s not my department.] By better health, I mean a lower risk of cardiovascular and respiratory diseases and less risk of adverse pregnancy outcomes, although there is a greater risk of some cancers. Read More


neg-equity

Negative Negative is Positive

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Housing is a small part of the larger economic picture, contributing only about 5% to GDP (although including all the ancillary and related services probably triples that number). Still, for most people, equity in their homes represents the single biggest investment they have, and for many, maybe the only investment they own. Many statistics about this economic recovery are disappointing, especially the very sluggish growth rate, averaging just over 2% p.a. since 2010. Other data are more encouraging, such as the halving of the unemployment rate from 10% to under 5%. One of the more impressive markers of recovery is found in Read More