Once again: Who's going to buy the bonds?
"Government Pay"

Scarcity is the mother of invention

Wall Street Journal, 4/14:

Nokisaki.com, named after the Japanese word for the space that juts out from the edge of a building, seeks pockets of "dead space" around cities and converts them into short-term rental property.

In Tokyo, where every sliver of land is at a premium, a few feet of unused private property near the front entrance of an apartment building can be used to sell muffins. A patch of storefront space transforms into an ad hoc vegetable stand for a farmer or a consulting space for a fortune-teller.

Those spaces can be reserved at Nokisaki for short periods of time—starting from three hours—and for as little as $15 total. The spots are granted on a first-come, first-served basis and the rental times and prices are set by landlords.

(Link via Amateur Economist.)

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