Saturday, August 28, 2010

Want to know why printing money in not the answer to our problems? Inflate your knowledge with this link...

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Students---An EXCELLENT, concise lesson on why the US has to be careful about printing money to get us out of the recession...Please take th...
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China's now infamous traffic jam---and why more will happen!!

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China's 11-Day Traffic Jam Was Insane... But Here's Why More Will Happen... Graph shows the growth in the number of cars (BLUE lin...

Reinforcement for me on the recycling lecture I gave in class this week---Nice quote... :)

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How timely!!!...A great quote today in the Wall Street Journal in regards to an economist they profiled.  It is from his wife and is quite ...
Wednesday, August 25, 2010

Another assertion of mine in class today: MOST conflicts/wars are caused by fights over resources or have an underlying economic cause---current example enclosed...

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Today in class (in addition to the discussion on recycling), I also suggested that MOST conflicts/wars/revolutions in history are related to...

Had the recycling discussion in class today...Why do I even go there?? :)

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In class today (3A) we had a rousing discussion on the merits of recycling. Specifically, I proposed that re-cycling paper may not  be advan...
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Monday, August 23, 2010

A Lie: US Manufacturing is in decline!! Why are we constantly told this? Let the truth set you free...

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There has been alot in the news lately about the decline of American manufacturing, considered the backbone of our economy. In terms of jobs...
Saturday, August 21, 2010

The Breakfast Club just got more expensive---That will not go over-easy with customers.

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     With the recent egg crisis (salmonella) AND the increase in the cost of major inputs that go into making a large part of my favorite me...
Friday, August 20, 2010

Ok, I hit a low point in finding examples of Complements for Microeconomics... :)

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(HT: Division of Labour )...Complements---it is a dirty businesses...In economics we call two goods that are separate and distinct BUT prima...
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Protesters---You have been warned!!

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Pet Peeve alert: I am fed up with protesters! BUT not for the reason you might think...If you go to a protest and march with a pre-printed s...
Tuesday, August 17, 2010

College Class of 2014---A list of things you have and have not known in your lifetimes...It also reminds us oldtimers how time flys!!

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The Beloit College Mindset List for the Class of 2014 (HT: Carpe Diem) Most students entering college for the first time this fall—the Clas...

Cost of component parts to the New Blackberry Torch---"I see variable costs of production"--NICE graphic!!

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Piece by Piece: The Suppliers Behind the New BlackBerry Torch Smartphone Click on image to make bigger or go to link above From WSJ :...
Monday, August 16, 2010

It's official: China is second largest economy in the world...however Per Capita GDP is about equal to El Salvador...So is China rich or not???

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The graphs below represent two perspectives on the recent news that China, in terms of GDP, has become the 2nd largest economy in the world ...
Sunday, August 15, 2010

Who creates the MOST jobs by far in the US? Must see these charts!!!

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Startups Or Behemoths: Which Are We Going To Bet On? ""...Kauffman Foundation has done extensive research on job creation. Kauf...

Happy Birthday Social Security!! 75 years young. I hope you have many more????

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Happy Birthday, Social Security: Now Here's 22 Scary Facts About America's Pension Crisis 1. 6 out of every 10 non-retirees in the...
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Saturday, August 14, 2010

Mercedes-Benz take-off in China And Germany exits recession--Coincidence? Sales figures enclosed.

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  Mercedes-Benz is doing rather well in China.  The percentage gain is somewhat misleading, because they are starting off from a lower base ...
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