Archive for August, 2010
The Changing Landscape for Vacant Land Investors
Sunday, August 22nd, 2010The vacant land investing landscape is changing. Several years ago, a farmer commented to me that his land would be worth more if he planted it to brush than if he planted traditional crops, such as corn. What he was saying was that buyers of recreational land were not only actively acquiring vacant land, they [...]
The Purpose of Economic Activity
Sunday, August 22nd, 2010The purpose of economic activity is to create wealth. It is not to create “jobs”. It is not to redistribute wealth. It is not to pad statistics, such as GDP. It is not to create winners and losers. It is to create only winners. Bringing manufacturing back to the United States from other, lower labor [...]