Piketty’s Folly: Wrong on inequality, wronger on homeownership

Piketty isn’t just wrong on economics, he’s wrong on housing. Wronger, even. Now, I don’t accept the position that income inequality is a bad thing to begin with.

As a result, the demand for well-educated workers in the United States seems to have peaked around 2000 and fallen since. But the supply of well-educated workers has continued to grow.

Head of Citigroup residential mortgages gets big promotion "30-year fixed rate mortgages have an embedded option in them, which is the right of the borrower to prepay their mortgage without penalty at any time," Brent Nyitray, Director of Capital Markets with.

Daylee News Nuggets From around the corner to around the world, foreign and domestic news items — for the more thoughtful progressive!. War is NOT Folly — But a Good Economic Development Program! In the Long Run, Wars Make Us Safer and Richer (Ian Morris). Pope Francis: ‘Inequality Is The Root Of Social Evil’ from the Huffington Post

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AS WORLD ECONOMIES CONVERGE Capital Finance International W in te r 2 01 4 – 2 01 5 G BP 4 .9 5 // E UR 5 .9 5 // U SD 6 .9 5 Klaus Schwab, Chairman of the World Economic

The Benefits of Homeownership Mean We Should Still Believe in the American Dream. At a time of staggering inequality and a fraying social safety net, charity can play a hugely important role in.

Mortgage applications fall on declining refinance activity Mortgage Applications Fall for Fourth Week: MBA; The Washington-based industry group’s seasonally-adjusted index on borrower requests to lenders for a loan to buy a home and to refinance one decreased 3.7 percent to 364.8 in the week ended Feb. 8. This was the weakest reading in a month.How long will this mortgage drought last? About 43% of Americans expect home prices to rise By comparison, total European travel bookings were expected to rise just 2% in 2013, to about $347 billion, and are predicted to increase 3.6% in 2014 and 3.8% in 2015, PhoCusWright said. Overall,How can you protect your house against the drought that many parts of the. final expense Insurance, Disability Insurance, Long-term Care.MountainView IPS appoints Christopher Kennedy managing director MountainView IPS appoints Christopher Kennedy managing director december 13, 2013 mountainview ips named christopher kennedy managing director, filling a new role on the company’s sales team.

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New Bookmarks Year 2014 Quarter 2:. "A Scrapbook on What’s Wrong with the Past, Present and Future of Accountics Science" Bob Jensen. , Piketty Warns Scandinavia of Growing Income Inequality Risk; Bloomberg, Repatriation Tax Break Costs $96B,

 · Piketty’s Folly: Wrong on inequality, wronger on homeownership · In April, the Center for American Progress-“a nonpartisan research and educational institute dedicated to promoting a strong, just and free America that ensures opportunity for all”-released the final report of its Task Force on Poverty: From Poverty to Prosperity: A National Strategy to Cut Poverty in Half.

Slam Dunk Stimulus – The Natural History of a Rumor The Neil Armstrong Of Dunking. For the first "traditional" slam dunk-or, at least, the first regular dunker-you’d probably have to look to Joe Fortenberry. According to Evin Demirel in The Daily Beast, the 6’8" Fortenberry was the first player to dunk in an organized game. During workouts for the 1936 olympic trials,

Piketty’s Folly: Wrong on inequality, wronger on homeownership.. Homeownership, as it turns out, is doing a better job at building generational wealth than most anything else. It’s almost as.