On September 5, New York City implemented a handful of new regulations targeting short term rentals. Most notably, those hoping to rent out their property must register with the city and be present on the premises during the rental period. This kills many Airbnbs and Vrbos where the owners are not always on the property […]
Archives
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Home (Not) Alone: New York’s Airbnb Crackdown
18 Sep 2023
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In the case of the Hollywood writers’ strike, who has the moral high ground? Many have seen the consistent refrain that Hollywood executives are taking advantage of poor, overworked writers via streaming culture changes and AI’s rise.* Hollywood studio executives are trying to cut costs to preserve profits in a new and changing environment for […]
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The Allure of Extraction
10 Jul 2023
From a legal and economic standpoint, I’m relieved the Supreme Court stood firm on executive power. However, a part of me is a bit disappointed that I won’t be receiving “free” money. I want to point out one of the economic problems with a large portion of government: extraction. Many policies are written to take […]
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Book Review: Money and The Rule of Law
01 May 2023
Recently, I finished my coursework in my graduate program. This means I spent the last two years reading a lot of books and articles. In light of world events over the past few years, one stood out as worth recommending to a broader group of people due to its timely message and solid fundamentals. Money […]
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Brief Beef With The Fed
12 Dec 2022
For several months, we’ve witnessed the Fed discuss the need to orchestrate a, “soft landing,” for the economy. Attempting to orchestrate an easy descent from this inflationary high; however, I believe the entire goal displays a flawed understanding of economics. Despite that, Mr. Powell still possesses a rational reason to attempt the impossible. To start […]
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Here at BATG, we took a long look at inflation in a series of posts back in the fall, and it’s still front and center in the public discussion. Yes, I blamed the Fed, but I’ve always blamed the Fed–price fixing never works, and the Fed is the ultimate price fixer. Yet there is now […]
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Never Mention The D Word
22 Nov 2021
In a period of shortages and inflation, I have been thinking a lot about deflation (maybe I have been dreaming about it). As I watch prices increase, it occurred to me that we only every discuss getting inflation back under control, but we never discuss prices falling back to a certain level. Why are we […]
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Deutsche Bank recently conducted a study and proposed a new tax. Whenever you tax something, you get less of it. If you subsidize something, you get more of it. Deutsche’s central desire is to tax people working from home (WFH) to redistribute that money to people who cannot work from home along with reducing the […]
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Markets Matter (Apparently, So Do Minks)
13 Nov 2020
Early on in the lockdown, probably April, I read an article that pointed out the mob related issues created by the pandemic. Essentially, the Italian government is concerned that the mob will take advantage of the distressed businesses. Later on, the mob will come back and ask for favors that the business owner can no […]
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Weekly Sage #4: Wilhelm Ropke
16 Nov 2018
The Weekly Sage hopes to regularly bring brief profiles of key contributors to thought and faith before a Christian audience for historical education and awareness of valuable resources. Wilhelm Ropke – “Economic integration – a network consisting of the division of labor, the mutual exchange of products and the specialization of production, coupled with the […]