House prices on Amsterdam’s Herengracht have almost returned to their 1736 highs

I missed this when it came out, but the NRC Handelsblad had a piece Saturday on the latest data from University of Maastricht professor Piet Eichholtz‘s famous index of house prices along the Herengracht in Amsterdam dating back to 1650 (translation mine): The average house on the Herengracht now costs 2.6 million euros. That is, [...]

Are social graphs (like Facebook’s) doomed to “degenerate into noise”

From an article in the Economist on Facebook’s plan to cash in on word-of-mouth advertising: Yet another problem, says Paul Martino, an entrepreneur who launched Tribe, an early social network, is that the interpersonal connections (called the “social graph”) on such networks are also of low quality. Because few people dare to dump former friends [...]

Ramesh Ponnuru is not a health-care economist

The National Review‘s Ramesh Ponnuru joins the ranks of Time opinion columnists in the current issue. Curious Capitalist commenter Chuck really hated his first effort, so I just went and read it (sorry, been on the road). First, here’s Chuck’s take: His thesis is that our healthcare is expensive because it is free, and to [...]