Randam Ron Paulism
Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market. This is because the special privileges granted to Fannie and Freddie have distorted the housing market by allowing them to attract capital they could not attract under pure market conditions. As a result, capital is diverted from its most productive use into housing. This reduces the efficacy of the entire market and thus reduces the standard of living of all Americans. Despite the long-term damage to the economy inflicted by the government’s interference in the housing market, the government’s policy of diverting capital to other uses creates a short-term boom in housing. Like all artificially-created bubbles, the boom in housing prices cannot last forever. When housing prices fall, homeowners will experience difficulty as their equity is wiped out. Furthermore, the holders of the mortgage debt will also have a loss. These losses will be greater than they would have otherwise been had government policy not actively encouraged over-investment in housing.”
Fannie Mae and Freddie Mac Subsidies Distort the Housing Market, September 10, 2003
Study: Face Time Benefits Preteens
By Rachel Silverman
A new study finds that media multitasking can harm amicable and romantic development in preteen girls. And a researchers found a elementary remedy—face-to-face talks.
Researchers from Stanford University surveyed 3,461 girls from a ages of 8 to 12 about their electronic habits and their amicable and romantic states. The subjects, subscribers to Discovery Girls magazine, available answers in an online survey, stating how many time they spent examination videos, emailing, texting, personification videogames and other activities. They also reported how mostly they did dual or some-more of those tasks simultaneously.
The study, published in Developmental Psychology, found that complicated digital multitasking and some-more time spent in front of screens correlated with bad romantic and amicable health—including low amicable confidence, not feeling normal, carrying some-more friends whom relatives understand as bad influences and even sleeping less. Passively examination videos, online or on television, was also strongly compared with disastrous health measures.
Media multitasking might be heading to “serious romantic and developmental consequences,” pronounced Clifford Nass, a communications highbrow during Stanford and co-author of a investigate with Roy Pea, an preparation professor.
Dr. Nass cautioned that while there was a clever association between complicated media multitasking and bad romantic health, a researchers weren’t means to infer a causal effect. Nor were they means to establish an optimal volume of face time or how many digital multitasking was too much.
The commentary are generally complicated since a preteen years are vicious for amicable and romantic development, Dr. Nass said.
The consult also asked how many time a subjects spent participating in face-to-face conversations with friends, relatives or siblings. More face-to-face communication correlated with improved sleep, some-more amicable confidence and fewer friends whom relatives deliberate bad influences.
Researchers found a girls spent an normal of 6.9 hours a day regulating electronic media, contra 2.1 hours a day in face-to-face interaction. In a study, girls stating high levels of face-to-face communication reported clever amicable and romantic health even if they were complicated media users.
The researchers assume that kids learn to appreciate emotions in partial by examination a faces of other people, that helps make them some-more gentle socially. Video-chatting, with a use like Skype, might be an unlawful surrogate for in-person conversations since people tend to do other activities, like Web-surfing, during video conversations, Dr. Nass said. When kids are surrounded by peers and family members who are staring during smartphone screens, they also are reduction expected to be intent emotionally.
“You used to hear all a time ‘Look during me when we speak to you,’ though now everybody is looking during their inclination instead. we might hear a difference we are using, though we skip a tone of your voice, your facial expressions and your physique posture, so we get reduction rudimentary with reading emotions,” pronounced Dr. Nass. “The many critical summary is that face-to-face communication is only enormously critical and there has been a thespian decrease in that, among kids and among families.”
Readers, how many time do your kids spend in electronic vs. face-to-face exchanges? Do we try to make face-to-face exchanges during home or are we as guilty of texting and emailing as preteens are?