Economics

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Economics
Even raging stoners can understand it In a historic swirl of commerce and cannabis, the world's first stores licensed to sell marijuana legally to anyone 21 or older opened in Colorado on Wednesday. From Telluride to Denver, thousands of people cheerfully stood in lines for hours to buy legal marijuana after presenting nothing more than identification. … Stores were charging $30 to $50 — and sometimes more — for an eighth of an ounce of marijuana, which is slightly to significantly higher...
posted by by Robb Allen @ 1/2/2014 8:56:47 AM | Feedback (11)
This will happen in the US too When his 40 employees found out what had happened, they were furious. They were not due to return from holiday until next week but got wind of the covert operation in mid-August and turned up at the Firem factory in the town of Formigine to find the place devoid of machinery. They blocked the last of around 20 trucks from leaving the plant, but the rest were long gone, en route to the town of Olawa in south-west Poland. Mr Pedroni says he has received death...
posted by by Robb Allen @ 8/25/2013 7:45:53 PM | Feedback (6)
This article at Ace of Spades is a must read. Cities are not forever. 
posted by by Robb Allen @ 8/7/2013 9:26:48 AM | Feedback (3)
Wife and kids want a pool. While I’m generally a Dave Ramsey acolyte and never buy anything I cannot pay cash for, a pool is in that realm of “by the time I save up for it, the kids will no longer be at home enough to use it”. You do not buy a pool with any expectation of adding the cost of the pool to the sales price of your house – you’re going to lose that battle big time, especially here in Florida. A $30k pool will raise your house value by maybe $10k. The reality is that it would be...
posted by by Robb Allen @ 6/17/2013 3:05:46 PM | Feedback (23)
But this weekend another light in my kitchen blew out. Incandescent spots are cheap, and the light they put out is perfect. The CFL spots? Expensive and shitty light quality, plus I’ve yet to get the lifespan out of a CFL that they promise. So instead, I spent $180 and bought 6 LED lights. WOW. Not only do the casings on these things look better than the contractor grade cans we had, the light is SUPERB. The color is perfect, it’s even a little bit brighter than the 65W incandescent lights we...
posted by by Robb Allen @ 1/21/2013 9:24:08 AM | Feedback (11)
It would seem that if you want to get statists’ panties in a wad, threaten Big Bird (why the Count gets shafted, I don’t know). Not only will you get lefties into a frothing tizzy, you’ll also expose how little they comprehend the most basic of economics. One thing I saw was a boneheaded remark (by a presumably brilliant person) that ‘Cutting PBS support (0.012% of budget) to help balance the Federal budget is like deleting text files to make room on your 500Gig hard drive’. He’s right, you...
posted by by Robb Allen @ 10/8/2012 8:43:30 AM | Feedback (3)
Since when was it the government’s role to create jobs? It’s not, but we hear it from both sides every time they open their soup cooler. The problem is, the government cannot create, it can only consume. Sure they can take a few dollars out of your pocket and pay that guy over there to sit at a desk and look through all your records, searching for other money you owe him, but that’s not job creation. If you’re really concerned about creating jobs, here’s some fine advice You want to "create...
posted by by Robb Allen @ 9/20/2012 8:22:33 AM | Feedback (5)
Kid sees a need. Fills it. Makes money. Thousands of workers have descended on the region to seek their fortune in the oil fields, and housing construction and growth of brick-and-mortar businesses haven’t kept up. The closest shower to Jensen was at a truck stop some 60 miles away. It was expensive, filthy and the wait was several hours long. That’s when the idea for a mobile shower hit him harder than the reek of his own B.O. Kid builds a rig to let these guys take hot showers and makes a...
posted by by Robb Allen @ 9/6/2012 9:44:18 AM | Feedback (11)
Not a huge fan of today’s comic. I realize Scott is a satirist and that taking anything a cartoon dog says seriously speaks more of thin skin on my part than anti-capitalism on Scott’s, so there’s that to consider. But I assume that Scott’s Dilbert Empire had him bullying, lying, manipulating, and verbally abusing others to build then. Now this panel I agree with the sentiment (although I doubt the number is correct) The thing about entrepreneurs is that they take those risks. It’s their money...
posted by by Robb Allen @ 8/19/2012 9:34:56 AM | Feedback (11)
Thanks to the Oatmeal’s funny (if not entirely accurate) comic on Nikola Tesla there have been numerous conversations regarding Tesla’s desire to send electricity over the air to everyone’s houses. Now, most of the conversations I’ve seen come from people who appear to be scientifically minded but sadly, economically illiterate. And this is sad because one would hope that the really, really smart people would be smart enough to understand that the TANSTAAFL principle that applies to the laws of...
posted by by Robb Allen @ 7/15/2012 11:16:02 AM | Feedback (8)
It is so ugly when you display it like that.
posted by by Robb Allen @ 2/13/2012 12:15:21 PM | Feedback (11)
The only thing that surprises me about this is that I am surprised California could ban lender-initiated home foreclosures, under a proposed amendment to the state’s constitution that would make home ownership a fundamental right. … The Foreclosure Modification Act, a proposed citizen’s initiative, would ban mortgagees from foreclosing on owner-occupied dwellings in the Golden State. It would further require banks and other lenders to help mortgage borrowers struggling amid financial...
posted by by Robb Allen @ 9/6/2011 8:38:29 AM | Feedback (7)
Today, Sunday May 29th, 2011, I am debt free*. I have no credit card debt. I own both my cars. No home equity line of credit, no lines of credit from furniture stores, no 5 years same as cash anything. Debt. Free. Folks, Dave Ramsey’s Financial Peace University changed my life. My wife and I were never drowning in debt, more like splashing in puddles of it. There was no need to hit the end of the month and always say “Where did the money go?” Now, we budget. Each dollar has a name before we...
posted by by Robb Allen @ 5/29/2011 9:09:14 PM | Feedback (13)
So true... so true
posted by by Robb Allen @ 1/27/2009 8:53:38 AM | Feedback (2)
Growing up in Atlanta, it was a law that on any drive longer than 1 hour, you had to stop to eat at a Waffle House. Being a law abiding citizen, I always followed that to a T. I love Waffle House. Greasy, messy, and totally delicious. I never did figure out how they added 80% gristle into a T-bone steak, but they did. A few nights ago the family had a bunch of stuff going on and the Mrs. and I pretty much fed the girls and skipped dinner ourselves. Eventually I got hungry and, with the lack of...
posted by by Robb Allen @ 11/26/2008 9:38:12 AM | Feedback (8)

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