Author Archive | David Bernstein

Bubble News–Heebner Predicts Huge Drop in Prices:

More evidence that the smart money is betting against a “soft landing,” from today’s Wall Street Journal (subscription only): To get a lay of the land, we tracked down Kenneth Heebner, who since 1994 has managed the $1.2 billion CGM Realty Fund. It has the best 10-year record of all real-estate-focused mutual funds, according to […]

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Freakonomics:

I know it’s a little late in the game, but I just read Freakonomics over the weekend. It’s a good read, and I applaud the authors for bringing economic reasoning to the masses (okay, the small percentage of folks who actually read nonfiction). On the other hand, in some ways I was underwhelmed. Some of […]

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What to the Slave is the Fourth of July?

Elevate your Independence Day by reading this moving 1852 oration by Frederick Douglass in its entirety. There is so much to appreciate in this speech, it is difficult to select excerpts. But here is one passage I particularly like: But, your fathers, who had not adopted the fashionable idea of this day, of the infallibility […]

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Response to Kidnapping of Israeli Soldier Gilad Shalit:

Israel is poised to launch a major military operation in Gaza, which threatens to undo its withdrawal from that territory, and cause major civilian casualties (which, in fact, would serve the interests of the factions involved in the kidnapping), not to mention further casualties among IDF forces. What if, instead, Israel informed the kidnappers that […]

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What level of comfort would you expect in an underground home:

Seen on the Housing Bubble Blog: For Sale By Owner – The Ultimate Secure Home: Strategically located in the awesome San Juan mountains of Southwest Colorado, this patented steel-reinforced concrete earth home was built to withstand almost any natural or man-made disaster you can name. It is more secure, safe, and functional than any conventional […]

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Moral Philosophy by Backward Induction

Lots of good stuff over on Agoraphilia by Glen Whitman and Tom Bell. I was especially taken with this post by Glen, entitled Moral Philosophy by Backward Induction. Here’s the gist: In intellectual circles, we usually regard moral philosophy as preceding political philosophy. We therefore address these two questions either (a) separately, or (b) in […]

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Civil Rights Commission Hearing on Affirmative Action in Law Schools:

This Friday, open to the public. I’ll be one of the speakers. Here are the details: Civil Rights Commission To Examine Affirmative Action in Law Schools 6/12/2006 5:37:00 PM ——————————————————————————– To: National Desk, Legal Reporter Contact: Manuel Alba of U.S. Commission on Civil Rights, 202-376-7700 News Advisory: Civil Rights Commission To Examine Affirmative Action in […]

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Book Recommendation–Black Americans and Organized Labor:

I’ve just about finished reading historian Paul Moreno’s new book, Black Americans and Organized Labor: A New History. I’m reviewing the book for the Independent Review, and will post a link when it’s published. But for now, I want to strongly (but briefly) recommend the book. In the course of researching my book, Only One […]

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Gaza Civilian Deaths:

Jonathan Zasloff cautions against a rush to judgment, noting that the cause of the deaths has not yet been determined, and the incident may turn out to be another instance, like the death of 12 year old Mohammed al-Dura a few years back, in which Palestinian propaganda managed to turn manslaughter by inept Palestinians into […]

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Truly Remarkable Thing I Saw on Israeli Television:

I couldn’t believe my ears, so I asked my Israeli companions to translate, in case I was completely miscomprehending (my Hebrew isn’t great), but they confirmed it. I was watching a show about life in Israeli prisons, and it eventually reached a segment about a wing of an Israeli prison where they incarcerate Arab women […]

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Blogging Break:

I’ll be busy for the next month or so getting ready to leave Ann Arbor (as my visit at Michigan comes to an end), traveling to Israel, and then moving in to a new place. So, I won’t be blogging again until sometime in June.

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