Saturday, July 31, 2010

Wind Mill energy provider is buying peoples silence...no, really they are BUYING silence! Very mob-like AND has economists seal of approval.

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Wind mills apparently cause alot of noise...whoosh, whoosh, whoosh, all day and night long.  This noise produces what economists term a nega...
Friday, July 30, 2010

I may live to see this happen, though I hope not...

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China Becomes Second Biggest World Economy China has overtaken Japan to become the world's second-largest economy , the fruit of three ...

This is NOT an Onion story---Do you experience an "experience" at Chipotle? Apparently some do and they sued to get it...

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Court: Chipotle restaurant violated disability law SAN FRANCISCO — An appeals court has ruled that two Chipotle Mexican Grill restaurants i...
Monday, July 26, 2010

Nice Interactive Graphic on the aging population---Too many "olds" not enough "youngs".

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Click  HERE to take you to this interactive graphic .  Watch the bulge in baby boomers work its way through the decades. Sort of like watch...
Sunday, July 25, 2010

"Recalculation" in the Economy---Yes, YOU are being Recalculated as we speak! A must read

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     The more I read about this concept of "recalculation" the more I am intrigued and believe it needs to be more understood by ...

With all the infusion of money into the economy, why do we not have Inflation? Hello! It's due to Velocity of Money! Did you not know that??? Nice chart enclosed.

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Below is an excellent explanation of the velocity of money and its impact on economic recovery AND why we are not experiencing inflation wit...
Saturday, July 24, 2010

Which State has 5 counties in the Top 10 in terms of job growth in the last 10 years? Answer within...

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According to CNN Money, these are the Top 10 Counties in the country that, on a percentage basis, have experience the largest job growth...L...

Does an increase in the Minimum Wage hurt teen employment? Textbook says it does, but maybe Grandpa has a different opinion.

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In today's WSJ there is an editorial relating the recent increases in the minimum wage to an increase in unemployment among the teenage ...
Friday, July 23, 2010

Letting the Bush Tax Cuts Expire--Primer on Marginal Tax Rates...It is FUN!...Really, it is!!

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     Congress is in the midst of deciding to extend or let expire the "Bush Tax Cuts" of 2001-03 (In the original law, there was a...
Thursday, July 22, 2010

I have solved the unemployment problem---Shovel ready projects! Err, I mean get your shovel ready for a project...See video!

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Two ways to lay concrete.  Congress seem to think the construction industry TODAY will create jobs as illustrated in the first video but in ...

Nice Graphic--Environmental Impact of a Pair of 501 Jeans---

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"Levi's studied the life cycle of a pair of stonewashed 501 jeans as part of its research into sustainable apparel..." WSJ: H...
Tuesday, July 20, 2010

Navy shooting down drones with a Laser---I hope NOT mounted on a Shark Head...See Video!

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This is a REAL news story (Link HERE )...The first video shows the Navy shooting down a drone aircraft with a "Lazzer"...The secon...

Why Economists (or econ teachers) are never invited to play boardgames...

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Source: Economists do it with Models
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Monday, July 19, 2010

The productivity of labor vs capital---Could you do ANY of these jobs for more than 10 minutes?? Look and see...

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HT: ( Cafe Hayek ) Here are 3 very instructive videos that illustrate the productivity of labor relative to the productivity of physical cap...
Sunday, July 18, 2010

Personal Opinion enclosed---Republicans need to support extending Long-Term Unemployment Benefits NOW!

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     Should the Republicans stop blocking the passage of a bill that will further extend unemployment benefits to the long term unemployed? ...
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