Extra Credit, Wednesday Edition

US

house price index only now indicating depth of crisis

Small-town

America: The new Bangalore?

Homeowners

With Negative Equity

The

Samwick Family Fund: Giving stock to charity, made easy.

Subsidising

rootedness: "When people speak of ‘putting down roots’, they generally

have house-buying in mind. But roots are for vegetables."

Economists’

Chanuka: "Akerlof’s part jewish, Herb Simon’s part too/

Bundle them together, what a fine econ jew"

And finally (Andrew Leonard has

the rebuttal):

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