Software is too expensive to build cheaply…

There’s an opinion page on the ABC News page about the increasing rise in house prices (and the subsequent fall in housing affordability). The solution presented: build more housing (not necessarily houses – apartments are okay too), thus increasing the supply. Unfortunately, that won’t help.

One of my coworkers tossed out this line today: “We can’t just increase the minimum wage, because that would cause inflation”. I said at the time that didn’t have to be the case, and I just thought I’d capture my reasoning in writing.

The New York Times has a really interesting article on the faith-based presidency entitled Without a Doubt It covers a lot of the concerns, particularly within the Republican party, that people have about Bush’s willingness to ignore inconvenient facts.