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Better to live near Trader Joe’s than Whole Foods

Posted by on Mar 1, 2016 in Uncategorized | 1 comment

Many people are aware of the Whole Foods Effect. That is, wherever Whole Foods break ground for a new store, surrounding property values soar. Whole Foods has a reputation for prescient identification of neighborhoods that are undergoing rapid upswings (also called gentrification). Their selection process is the envy of the retail industry. Ironically, a late-2015 RealtyTrac survey found that, after sorting through 1.7 million homes in 188 zip codes, homes that shared a zip code with Trader Joe’s increased more than Whole Foods. Homes...

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Bye Bye $100 Bills

Posted by on Feb 29, 2016 in Uncategorized | 0 comments

Former President Obama economic adviser, Lawrence Summers, had come out advocating for the end of the $100 bill and the €500. A million dollars, denominated in €500 weighs 2.2 pounds versus 50 pounds if denominated in $20 bills. Summers argues that the two bills are the currency of choice for illicit activity. However, some people have speculated that if the Federal Reserve ever wants to move toward negative interest rates, banning the $100 bill will make it more difficult for people to hide money at home.

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Greener Pastures with Global Warming

Posted by on Feb 19, 2016 in Uncategorized | 0 comments

Good news on the global warming front. A recent study at Indiana University shows CO2 is the likely driver of global dryland greening, according to a paper published in the journal Scientific Reports. After analyzing 45 studies from eight countries, a Ph.D. student concluded the greening likely stems from the impact of rising levels of atmospheric carbon dioxide on plant water saving and consequently increases in available soil water…

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