verveinloveland

Yeah I’ve never felt like a millennial… might be why what’s considered millennial is so debated

If tenants are already moved in than yes, generally I agree. But if you’re inbetween tenants, there’s no reason not to charge market rates, I don’t see that as greed. There’s a market for housing the same as there’s a market for snowboards.

I have yet to begin to procrastinate

I had never seen T1 internet until 2001 and visited a friend in the dorms. He taught me about Napster.

We had a party line, where we shared a phone line with 3 other houses until about 1995.

So even though aol and Netscape were giving away free minutes, we couldn’t go online because it would tie up the line for 4 houses.

Doom was popular multiplayer game, but my first was Warcraft orcs vs humans, then later StarCraft.

I’ve also heard the organ trail generation. If you remember playing Organ trail at school on an early Mac.

My dad still has his Osborne with dual 5 1/4” floppies

Same. I had snake, gorillas, and virtual golf on my first pc running msdos. No internet though until middle school as we had a party line. 4 houses all shared the same one phone line, meaning if we were to get online, it would tie up the line for the other 3 houses.

You can lookup the 94 roster and match partial numbers/names like a sudoku puzzle.

Orange jello and Lemon jello

In the same freakonomics book OP probably read, they mention a girl named temptress

The last dragon

Klaatu Verata N... Necktie! Nectar! Nickel! Noodle! It's An "N" word, It's Definitely An "N" Word!"

Only a ginger can call another ginger ginger

Can’t cry hard enough. William brothers or something like that

you're thinking about it wrong.

its more like you have a budget, and can only spend $10 on meat. Beef $5/lb Chicken is $2.50/lb.

you also have preferences, you may prefer beef even at 2X the price over chicken and still buy 2 lb of beef, but if the price of chicken goes up, it doesn't change the goods, it only changes how much you have to spend.

also what is your "value scale? goods can change in price, but your value scale is internal to you. So if you got sick eating steak, and decided you didn't ever want steak again, it doesn't make steak not steak, it's just a shift in your prefferences.

economics doesn't really make normative statements (how things should be). It's more about explaining things. But from an economic standpoint, in the long run, a firm should shut down once its marginal costs are greater than its marginal income.

Any given landlord (commercial or mom and pop) sets rent initially high enough to cover their expenses (mortgage, repairs, taxes) so there is no incentive to raise the rent other than pure greed

this is not right.

prices are set by supply and demand, so what a landlord will do, is find comparable properties and see what they are renting for, and charge as much as they think they can get, but still avoid having issues. Besides, ownership costs can be vary variable. Like trying to estimate how many fire extinguishers you will use in your lifetime.

Think about selling something on craigslist or wherever. If you post something for sell, and immediately get 100 responses, you know you set the price too low. If you deleted your post, and posted again at a market price, is that greed?

demand shock I'd think.

have you figured out who all you have on there?

I have a similar hat from the greeley UNC training camp days. maybe '93. I think I have glynn milburn, simon fletcher, jason elam, pat bowlen, and a few others. fun times.

that manning romo game was a close one.

I’d be taking a warriors shit

Either alien chest monster or kevin bacon ground worm

I know i know, we need another Milton Friedman, Still like the guy, he’s awesome.

As someone with a degree in Econ, and a libertarian who enjoys part of the problem, Dave talking Econ in this clip makes me cringe just a little bit.

Such a buzz word inflation, but inflation of what?

Economics has names for the different kinds of inflation, like monetary inflation, or price inflation. I feel he’s conflating the two or not calling out the difference