No, no, it doesn’t

Living near a Waitrose ‘puts £38k on value of your home’
Study by Lloyds Bank finds proximity to upmarket supermarket branch can signifcantly add to property’s value, but living next to an Aldi can take off almost £6,000

Causality runs the other way. Waitrose puts its shops where houses are expensive….

Idiot question of the day.

Inspired from here.

So, we\’ve rather a large number of people in this country who keep telling us that community, local interaction, webs of social exchange rather than global markets, make us all much richer in a truly real sense (hey, pick your favourite idiot that does in fact argue this) than these mere physical belongings which filthy lucre brings us. You know, food, shelter, clothing and the like.

We\’re also told, by those very same people often enough, that people living in those African villages have the \”community, local interaction, webs of social exchange rather than global markets\” coming out of their ears and that they are, in a truly real sense, much richer than we are.

So, why are we sending them aid instead of they sending it to us?