Friday, March 28, 2014

Capital In The 21st Century

A recent book by French scholar Thomas Piketty is getting a lot of attention.  Everyone knows that the current system is producing very high levels of economic inequality.  This book deals further into the reasons why it provides an ultimate critique of capitalism itself. 

The author argues that extreme inequality is a system design of capitalism and the last few decades of relative equality are not representative.

We don't own this book yet but I am about to order it. In the meantime you might want to check out some of his other work here.

Friday, March 21, 2014

Matt Taibbi: The Price of Everything is Rigged

Matt Taibbi recently wrote a great piece called Everything is Rigged.

We now know that interest rates set by LIBOR were in fact, rigged. That affects your mortgage, credit card debt and more. And there's suspicion that oil prices, gold and more might be involved.

Real Estate Sales And Home Values

 Trulia gives you the number of homes for sale and their asking price. You enter in the zip code and it gives you a couple of graphs once you scroll down.

Simply Map gives you the average value of the homes in a certain location - zip code, county, metro area and more.