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Daily Archives: 11/26/2010
Cranberries and Commies??
There is debate about collectivism and the source of the difficulties of the pilgrims.
http://budiansky.blogspot.com/2010/11/commies-and-cranberries.html
Department of Secondary Consequences
It is true that Irish mortgages are “recourse” — that is, you can’t just turn in the keys and walk away from a property as you can in many parts of the United States. On the other hand, Irish residents can leave the country – moving to Britain or the United States is a well-established tradition for many families. And how can an Irish lender enforce debts when someone has emigrated?
That’s from Simon Johnson, interesting throughout.
Marginal Revolution
Posted in 2008 to sometime recession