Year: 2011

also, “the road to Hell is paved with good intentions”:

But in the 21 states that were fully affected [by the federal increase in the minimum wage in 2007], about 13,200 black young adults lost their job as a direct result of the recession, versus 18,500 who lost their job as a result of the minimum-wage mandates. “In other words,” write Messrs. Even and Macpherson, “the consequences of the minimum wage for this subgroup were more harmful than the consequences of the recession.” [From “The consequences of the minimum wage for this subgroup were more harmful than the consequences of the recession” from Reason-Hit & Run]

Time Out is offering a selection of its popular city guides for iPhone for free until May 2. Cities the guides cover include Melborne, London, Paris, Berlin, Buenos Aires, Barcelona, Sydney and Zagreb.

Each guide allows you to navigate a city’s tourist spots, nightlife and restaurants easily. As with all Time Out guides, they are written by locals so that you’re sure to get the best information available. Grab the guides while they’re free. Normal pricing is US$4.99 per app. You can download them all here.

Thanks to reader Greg for the tip.

Time Out offering free iPhone city travel guides until May 2 originally appeared on TUAW on Thu, 28 Apr 2011 07:00:00 EST. Please see our terms for use of feeds.

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Today only, Office Depot offers the HP LaserJet Pro CP1525nw Wireless Color Laser Printer, model no. CE875A#BGJ, for the in-cart price of $149.99. Pad your order over $150 (this eraser costs 29 cents), and apply coupon code “48437290” to knock the printer to $124.99. With free shipping, that’s $25 under yesterday’s mention and the lowest total price we could find by the same. Sales tax is added where applicable. Features include up to 12 ppm black, up to 8 ppm color, 802.11n wireless, Ethernet, and USB 2.0 connectivity, and more.
Of note, also today only, Office Depot retail stores offer this printer for $149.99. Plus, cut and extra $50 off when you trade in any other printer in-store. At $99.99, that’s the lowest total price we’ve ever seen for this printer.

[From dealmac.com: The best deals on iPod, iMac and MacBook. Find sales on Macs, new and refurbished Apple systems.]

from Russ Roberts at Cafe Hayek:

Here is an updated version of Case-Shiller’s housing index for the country. (The source for the updating and the image is The Big Picture and TBP reader Steve Barry.) It is of course somewhat misleading because there is not a national housing market. But it does capture factors that affect all housing markets.

Some people explain the recent 15 years as being caused by “animal spirits” arguing that if you think prices of an asset will go up, then that belief can be sufficient to cause a bubble. True, no doubt. But what causes that belief to take hold. Some people say it’s just random. A fad. The madness of crowds. Could be. I suspect that the systematic attempt by federal government policy that began in earnest in 1995 and ran through the Clinton and Bush II administrations had a lot to do with it.

[From The housing boom and bust]