Friday Assorted Links

1A. The new “Coolest City on the East Coast“.

1B. Some of the best television in history.

2. Better to buy or rent? The American Dream is a Financial Nightmare.

Spoiler.

“Housing has always had a terrible track record as an investment – from 1890 to 2012, the inflation-adjusted return (i.e. taking inflation out) on residential real estate was 0.17 percent. That means a house purchased for $5,000 in 1890 would be worth $6,150 in 2012.

Over the same time period the stock market returned an inflation-adjusted 6.27 percent. That means a $5,000 investment in the market would be worth over $8 million.”

3A. First-generation students are finding personal and professional fulfillment in the humanities and social sciences. The Unexpected Value of the Liberal Arts.

3B. A “Seismic Change” at Cal State.

4. A friend of mine, a former high school principal extraordinaire, says school leaders need at least five years to implement meaningful reforms. The D.C. public schools have not got the message. One in four D.C. public schools have had at least three principals since 2012.

5. About 50,000 people live in Olympia, WA and in Venice, Italy. Approximately 20,000,000 visit Venice annually. That’s approximately 55,000 people every day of the year. If that many people visited Olympia each year, I would do what young Venetians have already done. Leave.

6. Venezuela is collapsing.

7. Hypothetical. Say at some point in the future I’m out mowing the lawn and decide to take a “nature break” behind a big tree on our rural property. Will mountain goats later appear? One other thing, what kind of person whizzes where those mountain goats are licking in the lead picture?