tag:blogger.com,1999:blog-31671374.post8508259218593503747..comments2023-10-30T07:10:34.610-07:00Comments on Underbelly: Untangling the Wealth (Income) PuzzleBucehttp://www.blogger.com/profile/16452321114185736762noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-31671374.post-17588285977448159342014-04-05T07:26:37.361-07:002014-04-05T07:26:37.361-07:00Heh. I should put my ironies in special colored i...Heh. I should put my ironies in special colored ink. Perhaps puce.<br /><br />What color is puce, anyway?Bucehttps://www.blogger.com/profile/16452321114185736762noreply@blogger.comtag:blogger.com,1999:blog-31671374.post-88526768962550603292014-04-05T07:22:37.110-07:002014-04-05T07:22:37.110-07:00I thought lighting out for Samarra was exactly wha...I thought lighting out for Samarra was exactly what you were not supposed to do?bradhttps://www.blogger.com/profile/04548019979157668776noreply@blogger.comtag:blogger.com,1999:blog-31671374.post-34330633058453851332014-04-04T18:17:38.046-07:002014-04-04T18:17:38.046-07:00Or as IO was heard to say on the couch in the offi...Or as IO was heard to say on the couch in the office of the old Antioch Record: what this country needs is a food five-cent fuck. Adjust for inflation and I suppose that comes in at around a dollar todayBucehttps://www.blogger.com/profile/16452321114185736762noreply@blogger.comtag:blogger.com,1999:blog-31671374.post-31240257872771691442014-04-04T17:25:24.469-07:002014-04-04T17:25:24.469-07:00The cause of this perceived poverty among the pret...The cause of this perceived poverty among the pretty-darn-comfortable is that there was a time when having a million dollars meant you were a millionaire. Now all it means is, you have a million dollars – or roughly the price of a one bedroom apartment in a so-so neighborhood in Manhattan.<br /><br />There was also a time when two bucks bought you a decent dinner. What every economist ignores is Crank's Law: Prices rise to meet the money available to pay for things.<br /><br />Why don't I have a Nobel Prie for economics?<br /><br />Yours crankily,<br />The New York CrankThe New York Crankhttps://www.blogger.com/profile/04489472134701718697noreply@blogger.com