Curt Doolittle

Form: Short Note

  • (Northwest) home prices continue their decline. I should go through my email fro

    http://blogs.wsj.com/economics/2011/10/25/a-look-at-case-shiller-by-metro-area-5/tab/interactive/Seattle/Portland (Northwest) home prices continue their decline.

    I should go through my email from 2004-2006 and see how many people said I was out of my mind. Nope. Wasn’t. And Im in the camp that says it won’t get better for a very, very long time. Originally I said 2014, but maybe as long as 2020. How to fix it? How to fix the economy? Do what I recommended in 2007, what Galbraith recommended in 2008, and what a few major economists are just now recommending – buy down mortgages. But it’s too political. Instead, we have to adjust world wide prices and endure unemployment. I’m a libertarian. I don’t like it. But ethically, if the state creates a problem the state can surely fix the problem.

    Source date (UTC): 2011-10-25 11:43:00 UTC

  • the wrong 1%

    http://lewrockwell.com/rockwell/the-evil-1-percent194.htmlProtesting the wrong 1%

    Source date (UTC): 2011-10-21 20:47:00 UTC

  • postion is that Positional Goods (Status Signals, Signaling, Status Cues), are n

    http://www.econlib.org/library/Columns/Nyepositional.htmlMy postion is that Positional Goods (Status Signals, Signaling, Status Cues), are not redistributable. And that’s because status signals are NECESSARY, not preferential.

    Source date (UTC): 2011-10-19 13:45:00 UTC

  • I love Apple. Really. iPhone problem? Wait in line for 20min. Get a brand new on

    I love Apple. Really. iPhone problem? Wait in line for 20min. Get a brand new one for a hundred bucks. Go home. Hit “restore”. Wait a few minutes. Done. Priceless.

    Source date (UTC): 2011-10-19 01:25:00 UTC

  • types of inequality

    http://www.themoneyillusion.com/?p=10259The types of inequality

    Source date (UTC): 2011-10-17 15:01:00 UTC

  • Untitled

    http://www.washingtonpost.com/blogs/ezra-klein/post/does-americas-99-percent-represent-the-top-1-percent-on-earth/2011/10/12/gIQA5JVQfL_blog.htmlPerspective

    Source date (UTC): 2011-10-17 15:00:00 UTC

  • interesting paper on the weakness of the VC community, and general entrepreneurs

    http://www.eif.org/news_centre/publications/eif_wp_2011_009_EU_Venture.pdfAn interesting paper on the weakness of the VC community, and general entrepreneurship in Europe vs the USA. Personally, my experience is that too much money is captured in government hands where it does not seek speculative (high) returns. (And therefore does not create jobs.) The authors also note that VC’s in europe are predominantly from finance, not entrepreneurs, engineers or scientists and therefore lack the knowledge to invest in risk ventures. Personally, I think the cultural issues ( Americans are very tolerant of risk and willing to work very, very hard in startups) are not insignificant. Nor is the anti-capitalist sentiment very helpful.

    Source date (UTC): 2011-10-13 21:25:00 UTC

  • else catches on. If we had written down mortgages in 2007 when I suggested it, w

    http://www.nytimes.com/2011/10/13/opinion/how-to-stop-the-drop-in-home-values.htmlSomeone else catches on.

    If we had written down mortgages in 2007 when I suggested it, we’d have had almost NO recession and saved ourselves something on the order of ten trillion in value.

    This was one of the very few boom-bust cycles that was eminently fixable.

    Source date (UTC): 2011-10-13 13:30:00 UTC

  • Well, technically speaking, she’s NOT in the 1%. Someone ELSE made the money and

    Well, technically speaking, she’s NOT in the 1%.

    Someone ELSE made the money and gave it to her.

    So that person is in the 1%.

    And she’s hoping everyone can inherit like she did? Right?

    Is that her logic?

    Source date (UTC): 2011-10-11 17:23:00 UTC

  • writer from IBM agrees that post-Jobs, the enterprise market is just too attract

    http://www.zdnet.com/blog/perlow/apple-in-the-enterprise-the-road-forward/18955A writer from IBM agrees that post-Jobs, the enterprise market is just too attractive to pass up.

    Source date (UTC): 2011-10-11 14:35:00 UTC