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Economics of Big Towns vs. Little Towns

Some of you know that we have a vacation place in Vermont, and try to spend time there.  When the weather permits, we do outside activities. When it rains, we try to find things to occupy us.  Time passes slowly…

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Gift Tax and Political Agendas

Often parents if they are able, give money to their children.  Anyone can give up to $14,000 to another person annually without triggering the “gift tax”. If money is subject to gift tax, something like 40% of the eligible amount…

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Travel and Immigrants

Nancy and I made a couple of trips south this year to break up the winter. We visited South Florida in January and South Carolina in February. We haven’t spent much time in recent years in South Florida. The economics…

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The Album, a short story by Lee Tabas

On a crisp Sunday in late October, I fished in Valley ForgeNationalHistoricalPark.    In the fall, when it rains, sometimes the biggest trout migrate to spawn.  Battling against the swollen currents allows them to move upstream over rock ledges and shallow…

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Simple Stupid

 Most people have loads of passwords, and are paranoid about cybercrime, malware, phony eastern European credit card charges and other schemes. These are certainly concerns, but let’s get a bit more low-tech.  Recently, I was contacted about serving as an…

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What is the Value of an Idea?

My wife Nancy and I have been discussing and debating Facebook’s proposed acquisition of What’sApp.  Facebook has agreed to acquire What’sApp, an instant messaging service for $16 billion of mostly stock.   Facebook and What’sApp remind me of the wildly popular…

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