It’s over. Thanks so much, it was lovely. I’ll get the rest of my stuff later.

226.jpg

Have too many foreclosed properties? Why not give them away?

That’s what Bank of America plans to do with as many as 150 vacant and abandoned properties in and around Chicago through a new “collaboration” with the city that’s intended to address the problem of abandoned properties.

{ Bankrate | Continue reading }

The psychologist Jens Rasmussen talks about three kinds of error: slips, mistakes, and violations. So, a slip is: you just do something you immediately realize wasn’t what you meant to do–pushed the wrong button, locked yourself out of your house, forgot your car keys. Mistakes are things you do because your view of the world is wrong. So, you took out a subprime mortgage and bought a house because you thought house prices would continue to rise and you would be able to remortgage your house. Then there’s a violation–something you know is against the rules but you did it anyway, for whatever reason. So, maybe you falsified your income.

{ Tim Harford/EconTalk }

photo { Tim Geoghegan }