Rent to Own

2001-09-20 Thread fabio guillermo rojas
Why does Rent to Own exist? Isn't rent to own just a way of lending money to the customer (like many auto firms)? One friend said it was a way of selling to people whose religion precludes the paying or charging of interest. Any comments? Fabio

Re: Rent to Own

2001-09-20 Thread William Dickens
Fabio, I just realized that I don't know what the typical rent-to-own contract looks like. Presumably the original owner retains title, but what if there is a dispute over the maintenance of the property during the rental period? What does the contract specify and how are disputes

Re: Rent to Own

2001-09-20 Thread fabio guillermo rojas
I just looked on the internet and it is often the case the rent-to-own contract frequently includes a clause stating that the owner pays for repairs. The same web page listed an advantage of RTO was that it allowed people with little cash for a down payment to buy pricy items like home

Handicapping the 2001 Noble Prize in Economics

2001-09-20 Thread Bill Dickens
As Fall approaches one of the interesting rituals involves the selection of Nobel Laureates. While I'm not a legitimate bookie, I do engage in some innocuous speculation about who will receive the Nobel Prize in Economics. I did however correctly forecast Robert Mundell several years ago but for

Re: Handicapping the 2001 Noble Prize in Economics

2001-09-20 Thread fabio guillermo rojas
Of course, Bill, the right thing to do would be to state some odds and place a bet. Fabio On Thu, 20 Sep 2001, Bill Dickens wrote: As Fall approaches one of the interesting rituals involves the selection of Nobel Laureates. While I'm not a legitimate bookie, I do engage in some innocuous

Re: Handicapping the 2001 Noble Prize in Economics

2001-09-20 Thread Bryan Caplan
My wish (not prediction): Joint prize for Anne Krueger and Gordon Tullock for rent-seeking. -- Prof. Bryan Caplan Department of Economics George Mason University http://www.bcaplan.com [EMAIL PROTECTED] Familiar as the voice of

Re: Micro Incentives -- real case question

2001-09-20 Thread david friedman
Dear Armchairists (?), My MA advisory company has a few sector teams (in Vienna London). We also have a network of local offices in all the CEE capital cities. On a big Bank deal, for instance, there will be a local team element, and a London sector team element. When we get the mandate, it's

Re: Handicapping the 2001 Noble Prize in Economics

2001-09-20 Thread dmitche4
I'd love to see Tullock or Smith. My prediction is that the winner will be some obscure person. Not a single one of us will be able to think of what he's done. Mitch - Original Message - From: Bryan Caplan [EMAIL PROTECTED] Date: Thursday, September 20, 2001 2:37 pm Subject: Re:

Re: Handicapping the 2001 Noble Prize in Economics

2001-09-20 Thread William Dickens
I will happlily give 5 to 1 that George beats out Janet in getting the Nobel. - Bill Dickens (the DC one) [EMAIL PROTECTED] 09/20/01 18:44 PM Of course, Bill, the right thing to do would be to state some odds and place a bet. Fabio On Thu, 20 Sep 2001, Bill Dickens wrote: As Fall