Extra Credit, Thursday Edition

Why homeownership

may be bad for America

The

Real Cost of Smoking: "Every pack of cigarettes that an adult male

smokes knocks off $222 from the value of that man’s life."

Why I Need

CNBC: Ken Houghton discovers that CNBC is not the best place to learn economics.

Simplicity

and The Virtue of the Carbon Tax: With a response from me.

Hedge

Fund Makes $3 Billion From Subprime Bet: John Paulson, of course.

House

prices on Amsterdam’s Herengracht have almost returned to their 1736 highs

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