Earn What You Spend

A few years ago, at the height of the panic during this recession, I realized I knew relatively little about finance and the economy.
This blog was my personal remedy for that ignorance.
Blogging can be an incredible tool to gain a deeper understanding of a particular subject.  A modern day treatise that can benefit from a [...]

Institutions of learning are going to be dramatically changed in the coming years.
Rolfe Winkler is an astute blogger, and he (along with many others) sees a parallel in the markets for housing and higher education.  We have students (homeowners) purchasing an education (housing) at ever increasing prices using vast amounts of leverage.  That didn’t end [...]

Once you think about any topic for long enough, you begin to develop a personal philosophy about how it works.  This could be your perspective of how to best throw a baseball, how to make the perfect souffle, or how to best tackle a sudoku puzzle.
I happen to think about investing, finance and business an [...]

As you may know if you read this blog, I live in Brooklyn, New York.  Although the subway is my primary means of transportation, I occasionally indulge in using a car service to get to the airport or during exceptionally rainy days.  This is not, as those who live in Brooklyn can attest, an extravagant [...]

I recently bought TIPS - Treasury Inflation-Protected Securities - for the first time.  All the talk about looming hyperinflation was beginning to alarm me, and given a recent conversation with a friend who professionally manages money, it seemed justified.
Alan Blinder’s article in the NYTimes was all the more interesting: inflation, he contends, is the least [...]

Just out from the AP: total unemployment insurance claims fell for the first time since January:
The Labor Department said the total unemployment insurance rolls fell by 148,000 to 6.69 million in the week ending June 6, the largest drop in more than seven years. The decline is a sign that layoffs are easing.
The drop also [...]