We explore examples of positive and negative unintended consequences, what causes them, and how to navigate a world where unanticipated things happen all of the time. Topics covered include: What leads to unintended consequences What are some unintended consequences of QE and stimulus, price controls, tax incentives, gun legislation, and marijuana legalization How positive unintended consequences and order can arise from the bottom up How recent climate legislation could lead … [Read more...]
284: We Are All Financially Vulnerable
How to protect against financial hardship and assist others who are struggling financially. Topics covered include: Why are so many families leaving Central America and seeking to enter the United States.How have U.S. immigration patterns changed.Why immigration leads to higher economic growth.Why unsheltered homelessness is increasing around the world and what strategies have been effective in reducing homelessness.What can individuals do to assist the homeless and others who are in … [Read more...]
154: Do Homeowner Tax Breaks Cause Homelessness?
How a transitioning economy, government regulation and tax policy have contributed to stagnating wages, rising housing costs, and homelessness. Photo by Mike Gabelmann In this episode you'll learn: How many people are homeless in the U.S. What is moral hazard. To what extent has household income stagnated while home prices have risen. What contributes to rising home prices. What low income housing programs are available and how much is spent on them versus tax breaks … [Read more...]
MNY043 Plus: Homeless, Complexity and Active Versus Buy-and-hold Investing
In this week's Money For the Rest of Us Plus episode, I discuss the complex informal economy among the homeless population in Venice Beach and how it is a reminder to me of how difficult it is to predict the future and what I do about that. The episode length is 16 minutes. … [Read more...]
