They both think that what’s unfair to you depends on what somebody else gets, confusing unfairness with jealousy — By David Grace (Amazon Page — David Grace Website) A Young Child’s Idea Of Fairness Some years ago psychologists performed a study with young children in which they offered them cookies under varying conditions. In one experiment, Billy was given a choice: he could have two cookies and Johnny would…

Market-rate rents are high because since 1970 housing costs have doubled while the median household income has only increased by about 15% — By David Grace (Amazon Page — David Grace Website) On August 11, 2022 I published this column: Reduce Rents By Levying A 100% Tax On Rents Exceeding A Market-Rate Return On Gross Property Value Move from monopoly lease pricing to competitive-market pricing with a 100% tax on rents exceeding a market-rate…medium.com

Will half the country eventually lose the ability to buy a home and end up living in houses rented from huge investment companies? — By David Grace (Amazon Page — David Grace Website) In the column below I pointed out that the feedback effect will always wreck an unbalanced system. Unbalanced, spinning spheres turn into pears. If Unchecked The Feedback Effect Always Turns An Economic Anarchist Society Into A Plutocracy The feedback effect always drives unbalanced systems to the extremes, never to the middle. Unless checked, the rich…medium.com

Move from monopoly rent pricing to competitive-market pricing with a 100% tax on rents exceeding a market-rate investment return — David Grace (Amazon Page — David Grace Website) This column is about residential rent, but we need to start with a review of rent in general. What Is Rent? Let’s say I have a hammer that I’m not using. My neighbor needs a hammer for some work he’s doing around…

The feedback effect always drives unbalanced systems to the extremes, never to the middle. Unless checked, the rich will always get richer. — David Grace (Amazon Page — David Grace Website) Power always appears to fill a vacuum. Power always strives to acquire more money. In every group of humans, a strong individual or group will always appear and take power. One way or another, every tribe ends up under the control of…

The massive, complex, fragile network of supply pipes gives sellers much greater power to limit supplies & increase prices — By David Grace (Amazon Page — David Grace Website) What People Mean By The Term “Supply Chain” The metaphor of a “supply chain” is commonly used to describe the units in the line of interconnected components that are eventually combined to produce a physical product. The idea is that if…

A vital product + low excess supplies + a few sellers with large market shares = a free market that will drives prices up, not down — By David Grace (Amazon Page — David Grace Website) The Inverse Relationship Between The Complexity Of An Economy’s Products & The Level Of Price Competition The nature of an economy’s products and their distribution channels strongly affect how much power sellers will have to maintain or increase the prices of…

The best way to discourage abusive activities is to make them cost people more than they’re worth — By David Grace (Amazon Page — David Grace Website) I include Liberals, Progressives, Socialists, Communists, Conservatives, Libertarians and Anarchists as the principal political religions. The response of the members of political religions to societal issues is usually fundamentally wrong because it’s always based on their pet moral theories instead of…

Here’s what you need to do in order to implement reasonable rules for responsible gun ownership — David Grace (Amazon Page — David Grace Website) I’m a gun owner. If I lost my gun I would buy another gun. I support trained, licensed, registered, responsible gun ownership, but I oppose unlicensed, untrained, unregulated, irresponsible gun ownership. I support the Israeli system of gun training, testing, licensing and…