About This Blog

About two months ago, I quit blogging at EconLog. The main reason was that I was right in the middle of trying a start-up that combined two big trends/fads: online education and mobile computing.

The result, vhandouts.com, is something that I am using in teaching two high school courses, one on statistics and one on economics. My original vision was to build something that other teachers could use, also. I might very well have had a good idea. Just as computer programming these days relies a great deal today on shared code libraries, with “reinventing the wheel” an awful sin (and I have a hard time giving up sinning), what I was trying to do was create a platform for creating shared libraries for highly interactive simple quizzes. From the beginning, I had doubts about my ability to execute the full concept, and ultimately the doubts won out. I am glad I tried it, because (a) I can use it in my classes and (b) I learned about how computer programming has changed in the past dozen years.

I want to get back to blogging for two reasons. One is to record links and book reviews for my own benefit. A second is to rejoin the blog conversation–I found that I missed participating.

I decided to go with my own blog, rather than return to EconLog, because I want to have total control over the blog content. I want to model a very particular style of discourse, as indicated by the tag line “taking the most charitable view of those who disagree.” In June, I wrote

Suppose we look at writing on issues where people tend to hold strong opinions that fit with their ideology. Such writing can

(a) attempt to open the minds of people on the opposite side as the author
(b) attempt to open minds of people on the same side as the author
(c) attempt to close minds of people on the same side as the author

So, think about it. Wouldn’t you classify most op-eds and blog posts as (c)? Isn’t that sort of pathetic?

My goal is to avoid (c). I will try to keep the posts here free of put-downs, snark, cheap shots, straw-man arguments, and taking the least charitable interpretation of what others say. So, if what you most enjoyed about my past blogging efforts were the put-downs, be prepared for disappointment with this incarnation.

Housing Usually has a Positive Nominal Return

Thomas Alexander Stephens and Jean-Robert Tyran write,

When viewed in nominal rather than real terms, the capital gains from US housing look more appealing. From 1946 to 2012, nominal house prices showed a 12-fold increase. On an annual basis, housing investments have mostly resulted in gaining money (in 58 out of 66 years), while at the same time producing real losses more often than not (in 36 v 30 years)

Thanks to Mark Thoma for the pointer.