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Fair questions. Now a few more: How do you know how well your child knows grade-appropriate subject matter? How do admissions staff at higher education, or hiring persons, know how well qualified your child is?
In response to:

Owning Ideas

David4 Wrote: 4 hours ago (1:04 PM)
As an example of the 'dampening' effect of copyrights, the movie 'It's a Wonderful Life' had its release and then was forgotten for decades. It didn't become the holiday classic we know and love until its owners forgot to renew their copyright, and it entered the public domain. Also worth noting that 'official' sequels, such as to 'Gone With the Wind', got made because the copyright was about to expire, and the owners wanted to get a bit more from it before they lost it.
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Owning Ideas

David4 Wrote: 4 hours ago (1:00 PM)
Then perhaps it is time to tax the copyright, just like we assess property taxes on homes.
I recall a film of several years ago, from Hungary. Back in Communist days if a newborn did not have a father the government would grab any single guy off the streets and declare him the father and make him responsible for child support. -- I can imagine our Obama-ment doing that.
I have seen several pages discussing what causes inflation. I bet that most people, even most economists, don't understand it, much less how to fix it. -- In addition to what Dan Mitchell says, recounting the history, I want to suggest two other policies that may have helped end inflation, 1. Less regulation. This started with Carter ending the CAB. Reagan took it further. Reduced costs for regulation reduced prices to the consumer. 2. Free trade agreements. Imports at lower cost acted as a cap on the ability of domestic producers and domestic labor to increase prices.
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Dangerous Times for a Dangerous President

David4 Wrote: Jan 26, 2015 1:00 PM
It is possible that D.W. Wilber hasn't read the material at the far-left websites that reflect Obama's thinking. Those sites consider any U.S. action abroad to be harmful to other nations. Obama is trying to implement that way-of-looking-at-it, without actually saying so.
In response to:

Dangerous Times for a Dangerous President

David4 Wrote: Jan 26, 2015 12:57 PM
Iran, in the chess game, has a home court advantage. (Chess was invented in Persia.) -- While Obama has plainly indicated that he wants to go home.
A caution or caveat to Mish's advice. If you hold a large amount of money 'under your floorboards', expect thieves, literal thieves, to come to your house and demand it. This has already been happening in Argentina. Expect Greece to become a much more impoverished country.
Mention two items. * Mish started his bullet points with "No fiscal union." I think it worth pointing out that the following points about wide discrepancies in this and that mean that an attempted fiscal union would be impossible. * Mish writes at the end that the world's problem is debt. I would go further and say that the problem is liability. It goes further than "have borrowed money and can't pay it back." It also includes "promised the moon, and can't deliver."
It took more than one cook to mess up this broth. The local authorities set zoning and other rules that made it impossible to build small houses that less well-off folks can afford. They are even a bit hostile towards apartment/condo/townhome blocks sized at an affordable scale.
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