New technology, better ways of doing things, all feed into a rising land price. And then people start to speculate in it. And there’s your cycle.
Keynes’ prediction never came to pass. We still work 40 hours a week on average. And toil harder than ever before. Those gains in productivity are real. But where did they go?
This is not science fiction anymore. Companies are making and delivering 3D printed houses to the market place, now.
When you start to look into it, the celebration of Easter is curious to say the least. The fact that the Easter date moves around, might tip you off to perhaps a deeper meaning.
What does investment in real estate have to do with tax on cigars? Legislation creating a real estate investment vehicle was signed in the extension of excise tax on cigars.
As 2018 draws to a close, it’s as good a time as any to reflect and take stock. Perhaps a time to reflect on your own share trading. And see what lessons can be learned…
A Keynesian utopia of free leisure time before us! But not so fast…There’s one area of the economy not subject to the laws of competition.