Become a Patron! Every once in a while a term of art is plucked from the world of academic literature and spread around like manure by journalists and pundits until people who have no idea what it originally meant start using it in casual conversation. What percentage of conservatives griping about "intersectionality" have ever read Kimberle Crenshaw's original … [Read more...] about “Horizontal equity” is a perfectly reasonable idea used exclusively to make bad arguments
personal finance
If you have employees, adopt a written paid family and medical leave policy right now
Become a Patron! While doing some research for another project, I was reminded that in the CPA Full Employment Act of 2017, Republicans included a tax credit for employers offering paid family leave. Since I have some W-2 income in addition to my Patreon income, I decided to look into it and see exactly how the tax credit works. The good news is, it is in many ways better … [Read more...] about If you have employees, adopt a written paid family and medical leave policy right now
Taking the inverted yield curve literally, not seriously
Become a Patron! Last month, a funny thing happened: the yield on a 10-year US Treasury obligation dropped below the yield on a 3-month Treasury obligation. This bizarre financial market event attracted a lot of attention, even in the mainstream press, because such "yield curve inversions" have historically been correlated with economic recessions. Given the length of the … [Read more...] about Taking the inverted yield curve literally, not seriously
Bill Cassidy has the worst paid parental leave plan yet
Become a Patron! This morning I hauled myself out of bed early to go down to the American Enterprise Institute and listen to Bill Cassidy discuss the outlines of his plan for paid parental leave. The dervishes at AEI already uploaded the video, so you can take a look for yourself, if you can stand to listen to politicians speak for more than 30 seconds at a time. Bonus: if … [Read more...] about Bill Cassidy has the worst paid parental leave plan yet
So you’ve decided to invest in real estate!
Become a Patron! Last week over at Travel is Free Drew wrote a very thoughtful post about his experience taking out long-term residential leases and then subletting them for short-term stays through a variety of platforms. The post has a lot of details on the various expenses and complications he encountered and is worth a close read if you're considering doing the … [Read more...] about So you’ve decided to invest in real estate!