Saturday, June 19, 2010

"China exports every six hours what the US exported in ALL of 1978"

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A fact from this book. WOW! My, how has trade changed... AFTERSHOCK HT: Marginal Revolution

40 Great Inspirational Speeches from movies mashed into one Great Speech

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Go HERE to see more mash-ups on a variety of topics...Mucho entertainment and a little education to boot!!

Do you self correct?? If so, then your sign is Microeconomics. If not, then it is Macroeconomics...Here's your sign...

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Microeconomic and Macroeconomic Excess Supply A rather simple (by that I mean in layman's terms) explanation of how markets clear, or ...
Friday, June 18, 2010

YES!! Coffee reduces heart disease! Up next: Omellettes and Cinnamon Buns and I will be good to go...

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Tea and coffee 'protect against heart disease' Drinking several cups of tea or coffee a day appears to protect against heart diseas...

BP CEO is off the hook as most hated man in the US...for a while, anyway...

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I made this using BigHugeLabs

Video of the NON-GOAL--start and stop it starting around 35 seconds--Judge for yourself

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Sleeping Late? What is the opportunity cost of that decision?

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Nice example of opportunity costs---Yes, you can learn economics through comics too!! :) (HT: MV=PQ: A Resource for Economic Educators

Most ridiculous story of the year---8 year old's hat BANNED from school because it had tiny plastic army men attached. What would the Toy Story soldiers say about this?

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Toy soldiers run afoul of school's weapons ban Christan Morales said her son just wanted to honor American troops when he wore a hat to...

Obnoxious Food Item of the Month---Soft Pretzel Stuffed with Philly Cheese Steak---mmmmm....

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The Latest From the Gross Foods Arms Race: Philly Pretzel Factory's New Cheesesteak Pretzel ""​Food chains across the country...

"It's a bird, It's a plane, It's..It's, ballons?"--In South Korea they scramble jets!

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South Korea military alert over children's balloons Balloons released by schoolchildren sparked a major security alert in South Korea, ...

How do you say "supply-side economics" in Russian? Don't have to--A 0% Capital Gains Tax Rate is a Universal Language

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Russia is ELIMINATING taxes on "capital gains".  Most simply, this means they will not tax the gains/profits from investments made...
Thursday, June 17, 2010

Which is more risky--flying through volcanic ash or driving to the store?

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A very interesting article on risk and are we, as individuals, able to accurately assess risk especially if the consequences are not immedia...

Who spends a dollar more effectively--the Fed Govt or You?...Guess again!

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     NewsFlash: We are/have been in a recession!  In this particular recession it is generally accepted by economists (relatively objective ...

"And then, And then, I threw a puppy at the Hells Angels and Escaped on a Bulldozer--yeah, yeah, that's what I did!"--no, this was not Will Ferrell!

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I spit milk through my nose after reading this...Close your eyes and envision this scenario from start to finish...The Onion could not do an...

Arizona has done some squirrely things lately, but this the most squirrely---No, really, it is literally Squirrely

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Good use of tax money?? I report, you decide...:) Arizona Spends $1.25M to Save 250 Squirrels ""Arizona is spending $1.25 milli...
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