Category Commentary

Vanuatu’s Sovereignty Surrendered

How independence was never intended to mean freedom When: Thurs April 30th, 6.30 for 6.45pm Who: Karl Fitzgerald, Prosper Australia Project Coordinator and 3CR’s Renegade Economist. Download Flyer Vanuatu means ‘Eternal Land’. However, our recent visit to these idyllic lands…

Real estate bubble? Been here before

photo credit: dave_7 Polly Cleveland Economists conventionally attribute the Great Depression to blunders by the then-new Federal Reserve Bank. According to this story, promoted by Milton Friedman and the Chicago School, after the stock market crash of 1929, the Fed…

Banks Walk Away from Foreclosures

photo credit: Mike Licht, NotionsCapital.com With over 19 million, yes 19 million vacant homes in the US, many suburbs are looking even more like a war zone than usual. The New York Times reports that: City officials and housing advocates…