What Have We Learned In 2,064 Years?

[Propertunity]

WHAT HAVE WE LEARNED IN 2,064 YEARS?

"The budget should be balanced, the Treasury should be refilled,
public debt should be reduced, the arrogance of officialdom should be
tempered and controlled, and the assistance to foreign lands should
be curtailed lest Rome become bankrupt. People must again learn to
work, instead of living on public assistance."

- Cicero - 55 BC

Apparently we haven't learned a thing....

Dunno if this is fair dinkum or not - but found it interesting ...Alan

 

[Player]

Affordable Housing

WHAT HAVE WE LEARNED IN 2,064 YEARS?

"The budget should be balanced, the Treasury should be refilled,
public debt should be reduced, the arrogance of officialdom should be
tempered and controlled, and the assistance to foreign lands should
be curtailed lest Rome become bankrupt. People must again learn to
work, instead of living on public assistance."

- Cicero - 55 BC

Apparently we haven't learned a thing....

Dunno if this is fair dinkum or not - but found it interesting ...Alan

So Cicero,

would have been a proponent of "small fish in big pond" type investing. IP's at below median prices that the masses can afford to rent and the masses can afford to buy if you need to liquidate quickly..........and if perchance they insist on living on public assistance (Roman Centrelink) or genuinely lose a job, those cheaper rents should be affordable for them also......if all else fails, and there is a housing shortage........feed the extra's to the lions at the Colloseum as they back then did for spectator sport

 

[Ajax]

It is probably true.

Had a lecturer at law school suggest that property law was not very well developed prior to 10th century AD.

When it cam time to submit an assignment (any property law related issue we would like to chose) I chose Roman property law 200 BC -400 AD. Got a distinction.

Very little is new under the sun.

First revolving room in a house is supposed to be attributed to Emporer Nero 15 December AD 37–9 June AD 68

 

[lizzie]

having recently read archmedies (again) it is quite fascinating how in the last 8 years it has been learnnt that he was examining mathematical formula and hypothosise before his death that was lost and wasn't "discovered" until the end of the medivel period - and hence attributed to that time.

nothing new is really new.

 

[Project1080]

Prop,
Can you time capsule that and re-post in another 2,064 years?
I'll bet a thing won't have changed.

Project 1080.

The project: 10 IPs in 80 mths.

 

[Perp]

Dunno if this is fair dinkum or not - but found it interesting ...Alan

Mostly "not"...

With regards to "assistance to foreign lands": we definitely need to reduce spending on military "assistance", but we need much more, and more efficient, aid for things like clean water, anti-malaria initiatives, AIDS containment, etc. And I'm not referring to the much-talked-about inefficiencies of administration - which are enormously overstated - but the policies of donor countries requiring the spending to be linked to the donor country, etc. So rather than buying, for example, anti-malaria tablets for 5c each from India, they're bought for $2 each in the USA because the USA is donating the funding. Ri-dic-ulous! (This is a made-up example, but indicative of the kind of waste that goes on in official foreign aid all the time. Private aid, through reputable charities, is generally orders of magnitude more efficient.)

Interestingly, when you ask people on the street whether we should reduce foreign aid, they near-unanimously say "yes". Ask them what percentage of GDP their country currently spends, and the average response is something like 15-20%, and ask them what they think we should spend, and they answer about 5%. Five per cent - Bono would be ecstatic! For example, see this paper.

The developing world is, by and large, failing abysmally on reaching its agreed target of spending 0.7% of GDP on foreign aid. America achieves less than a third; Australia under half.

 

[jaycee]

I too think we credit later generations for discovering wisdom they actually
inherited

Socratis was supposedly quoting as syaing like "the teenagers of today are...." no real need to finish it off, every genration says the same thing about the next generaion of teenagers

what's changed ?