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Thursday, May 23, 2013

Daily Archives: July 5, 2012

Carpe Diem

Markets in Everything: Rent Control Millionaires

Mark J. Perry | July 5, 2012, 10:21 pm

Bloomberg: “Thousands of rent-controlled tenants in India’s fast-growing financial hub are becoming millionaires as developers tear down crumbling colonial mansions to build luxury towers for the rich. Mea Kadwani, 78, has lived in the same apartment in the Mukund Mansion … read more >

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Carpe Diem

Thursday Economic Reports: Lookin’ Pretty Good

Mark J. Perry | July 5, 2012, 8:33 pm

1. Private-sector employment increased by 176,000 in June according to today’s ADP National Employment Report.  The June job gain was the 29th straight monthly increase in private employment and the 10th consecutive month of a job increase above 100,000.  The … read more >

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Carpe Diem

Markets in Everything: Android-based Healthcare Smartphone Packed with Medical Sensors

Mark J. Perry | July 5, 2012, 8:02 pm

MedGadget — “LifeWatch AG (Neuhausen am Rheinfall, Switzerland) has presented the LifeWatch V (see video above), a feature-packed healthcare smartphone for patients and health conscious consumers. At its core, the LifeWatch V is a pretty standard Android-based phone. However, what … read more >

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070612flag
Economics, Society and Culture

Thomas Jefferson, the Fourth of July, and American philosophy

Andrew Biggs | July 5, 2012, 3:41 pm

The 4th of July reminded me of recently watching Ken Burn’s 1997 documentary Thomas Jefferson, which is a fascinating history of the man, his times, and his many contradictions. For obvious reasons, considerable attention was paid to Jefferson’s authorship of … read more >

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Carpe Diem

Cars.com: Honda and Toyota now make 4 of the top 5 ‘American-made cars’ in the U.S., and half of the top ten

Mark J. Perry | July 5, 2012, 3:38 pm

2012 Cars.com American-Made Index Rank 2012 Make/Model U.S. Assembly Location Rank 2011 1 Toyota Camry Georgetown, Ky.; Lafayette, Ind. 1 2 Ford F-150 Dearborn, Mich.; Claycomo, Mo. – 3 Honda Accord Marysville, Ohio 2 4 Toyota Sienna Princeton, Ind. 6 … read more >

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070512money
Economics, Pethokoukis

Sorry, America, you’re rich enough. Stop working

James Pethokoukis | July 5, 2012, 2:48 pm

Listen up, Americans. Listen up, citizens of the world’s advanced economies. Stop. Just stop it. You’re rich enough. Well, at least a good chunk of you are. Time to take it easy. Forget your life’s work,even if it brings you … read more >

15
Carpe Diem

American Medical Association: the strongest trade union in the U.S.A.

Mark J. Perry | July 5, 2012, 2:46 pm

As a follow-up to the post below on Milton Friedman’s Mayo Clinic talk on the “economics of medical care,” I present the two charts above.   The top chart shows the number of annual graduates from U.S. medical schools (AMA … read more >

5
Carpe Diem

Milton Friedman’s response to Obamacare? The ‘economics of medical care’ from 1978 at the Mayo Clinic

Mark J. Perry | July 5, 2012, 2:23 pm

The genius of Milton Friedman is that his economic insights are as powerful as they are timeless. Despite the fact that these comments were made more than thirty years ago in 1978 at the Mayo Clinic, they ring as true … read more >

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Carpe Diem

Markets in everything: Vacation photographers

Mark J. Perry | July 5, 2012, 2:13 pm

Vacationers: Don’t Forget to Pack a Photographer WSJ – “For summer vacation, the flight is booked, the hotel is reserved, the bags are packed, but what about the professional photographer to take snapshots and make you look supernaturally gorgeous? A … read more >

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Carpe Diem

Tuesday night links

Mark J. Perry | July 5, 2012, 2:10 pm

1. Bill Clinton out-earned the average S&P 500 CEO in 2011, taking in a total of $13.4 million for giving 54 speeches last year, at an average of almost one-quarter of a million dollars per talk.  The former president’s 2011 … read more >

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