ARNOLD KLING
September 7, 2011
Gold and Treasuries
September 5, 2011
The Great AI Shift?
September 3, 2011
Adaptation
September 3, 2011
Capital Mis-Regulation
September 2, 2011
The Outlook for Social Security
BRYAN CAPLAN
September 8, 2011
Wages, Welfare, and Elderly Immigration
September 7, 2011
The Prevalence of the Populist Critique of Working Women
September 6, 2011
Reflections on The Name of the Game
September 5, 2011
Live and Let Live
September 4, 2011
Tolerance and the Libertarian Penumbra
DAVID HENDERSON
September 7, 2011
Warren Buffett--or Howard Buffett?
September 6, 2011
Economics Everywhere
September 6, 2011
David Gordon Responds
September 5, 2011
Is Russia a "Thug State?"
September 5, 2011
My Speech at Western Kentucky University


I agree, the reason why the gap between the wealthy and the poor is so large is because rent payments and living space costs outweigh the minimum wage so it is diffcult for people to find beds to sleep in at night. The government needs to take this issue seriously and start making new policies to assist everyone in our society.
"This will be an interesting phenomenon to watch."
There won't be anything to see. This was a more popular idea in 1969 than today. As Douglas Coupland explained, "When you've 27 or 28, your body starts emmiting the Sheraton enzyme. You can no longer sleep on people's floors."
Such a typical yuppie sentiment. Why, oh why, can't the state subsidize my lifestyle preferences?
To some extent people do this already - travelling contractors, boaties (one of my brother's friends works on luxury yachts as crew, switching jobs as the mood takes him, and my brother every now and then contemplates doing so as a chef). In the Australian outback mines, apparently there's two sorts of groups - people who do it for a few years to earn a lot of money for some particular purpose - and people who do it as a lifestyle - work a few months, then fly out to somewhere exotic in the world, spend all the money, then return back to the mines (or - borrow the money for the spending spree - then work to pay it off).
Doctors and vets can travel as locums, there are people who specialise in teaching at international schools in various countries, in NZ there are people who specialise in running farms for a week or two so the owners can have a holiday.
fawful - There's a difference between the state subsidising something, and a state setting up laws in such a way as to make something much more difficult than it need be.
In my experience, whenever someone says, "I'd like to see..." they rarely recognize and/or actually choose to use such things when the market obliges.
I think a better exercise for Venkant may be to ask "why don't I see...?" He may uncover some very good reasons why he doesn't.
Tracy: That's also popular in warzone defense contracting. Did the lifestyle option myself for five years where I worked one year on, blew it all in six months, one year on again, blew it all again in six months, repeat for five years.