This is of course no surprise, but what’s worth noting is that at least one “estate agent” seems to understand that it’s land value, not house value, that’s dropping,l per this article from the Telegraph. Brownfield sites (which to the Brits means any vacant site previously built upon, not necessarily polluted) are down 19.8%, and greenfield sites down 22.5%, in the first half of 2008. (via nowpublic)
Privilege is the main (not exclusive) cause of most (not all) of our economic problems. It is also the source of most large fortunes. If you can accurately forecast the prices of particular privileges, you can become wealthy. If you simply monitor the prices, you will have a better understanding of why it’s so difficult to earn a living. This blog is intended to help those in either endeavor.
This Price of Privilege blog will look at just that, how much people pay to buy (or receive to sell) privileges. Reports will be somewhat arbitrary, at least initially, based on whatever information I happen to find. Tagging conventions may help those interested in particular kinds of privilege. Starting out, all nonspam comments will be welcome.
For a better understanding of how big a problem privilege is, and how it could be effectively dealt with, consult a Henry George School or take a look at my other blog. To see the price of privilege, stay right here.
Update August 24 2008: I just discovered there’s a book by this same title, about the difficulties of wealthy adolescents. This blog has nothing directly to do with that book, altho we might find that in a society where everyone had the obligation to earn an honest living, the problems the book describes wouldn’t exist.
Tags: introduction