At the Museum of Contemporary Art.
Blog
Paying for College: Consumption and Investment Spending
This post is a bit of a think piece, but it may give some perspective on educational costs. To start with, in measures of household spending and savings, education is categorized as consumption. The US is on the low end of household savings internationally. We’re also on the high end of college costs relative to… [Read More]
The Tension Between Living for Today and Preparing for the Future
Lately, I’ve been thinking that the conundrum in personal finance is this: tension between living for today and preparing for the future. I have friends and relatives who died long before their time, and friends and relatives who were going strong in their 80s and 90s. I don’t want to be so focused on saving… [Read More]
A United Nations of desk toys
Pretty fun, huh?
Infrastructure Spending, in China and Elsewhere
China has been spending enormous amounts of money on infrastructure. The US should be spending more money in infrastructure. Brazil is embarking on an infrastructure program in advance of the 2016 Olympics. Is this good, bad, or ugly? For the most part, infrastructure is good. We need roads to get around, railroads and shipyards to… [Read More]