Radio Appearance On The Cost Of Attracting NFL Team To Town

Radio Appearance On The Cost Of Attracting NFL Team To Town

By The Banker | Audio Posts, How Not To Invest, Texas

I participated in a radio discussion yesterday regarding on public radio KSTX ‘The Source,’ hosted by David Martin Davies, on the likely cost of attracting an NFL team, to move to San Antonio. NFL owners in the last few decades have come to expect extraordinary public subsidies for their privately owned businesses. I estimated earlier in [&hellip

The New Yorker on Housing and Mortgage Subsidies

The New Yorker on Housing and Mortgage Subsidies

By The Banker | Blog Posts, Inequality, Personal Finance, Taxes

I can’t say there’s anything particularly new in James Surowieki’s New Yorker article on the various ways we subsidize home ownership vs. renting, but taken as a whole he provides a great starting primer and review of the arguments. I mean, don’t get me wrong, home ownership is awesome for some – even for many [&hellip

Worst San Antonio Financial Idea of 2015: Bringing Raiders to Town

Worst San Antonio Financial Idea of 2015: Bringing Raiders to Town

By The Banker | Blog Posts, Taxes, Texas

A version of this post appeared in the San Antonio Express News Are you ready for my first nomination for San Antonio’s Worst Financial Idea of 2015 Award? “What? So soon,” you say? “We just started the year!” Yes, but I’ve resolved against procrastinating in the New Year, and this idea clearly needs highlighting. Are [&hellip

Not A Fan Of Socially Responsible Funds

Not A Fan Of Socially Responsible Funds

By The Banker | Blog Posts, Investing, Personal Finance, Texas, Wall Street

A version of this post ran in the San Antonio Express News. I want to be wealthier. I also want to be a good person. A friend – someone who also wants these two things – recently asked if I could recommend a good, reasonable-cost, ‘socially responsible’ mutual fund. My answer: Nope. I can’t. Now, [&hellip

Fired Up By Cuba Policy Change

Fired Up By Cuba Policy Change

By The Banker | Blog Posts, Inequality, Texas

A version of this post appeared in the San Antonio Express News. I’m totally fired up that the Obama administration relaxed travel, trade, and diplomatic restrictions on Cuba last week. Removing the US embargo will not raise up Cuban people’s lives as much as we hope without the Cuban regime, for its part, embracing more [&hellip