Saturday, January 8, 2011

VERY cool graphic on the life-cycle of various technologies---one innovation replaces another AND becomes less expensive!!

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Observe Creative Destruction as it happens.  Innovation either improves or destroys existing technology  allowing a new and improved versio...

AP curriculum is changing for some subjects but not economics---see why here...Nice NYTIMES article that will surely spur debated amongst AP teachers...

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I am happy to see AP Economics is not going to change...No real need to---Here is an old economics joke that explains why:  ""An...

I am a closet Chinese mother...Very good article on parenting differences across cultural lines...

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WSJ: Why Chinese Mothers Are Superior : Can a regimen of no playdates, no TV, no computer games and hours of music practice create happy kid...
3 comments:
Friday, January 7, 2011

Who has the BEST selling jersey in the NFL??

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The playoffs have not yet begun and the Steelers enter as the No. 2 seed in the AFC but the NFL already has declared them champions ... of ...
Wednesday, January 5, 2011

How ironic---the Zimbabwean currency is worth more as a collectors item than as an actual legal currency...Sad but true...

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How ironic---the Zimbabwean currency is worth more as a collectors item than it did as an actual legal currency...Sad but true... "...

Abandoned building stripped of all that is valuable, except for one thing...can you guess what it is?

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This is a photo of an abandoned library in the city of Detroit...MOST buildings like this would be stripped of all its useful/salvageable co...

Class Warfare---Athenian-Style...the more things change the more they stay the same...

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Class warfare, Athenian-style...   Source: The New Arthurian  Economics   The more things change, the more they stay the same.  ...
Sunday, January 2, 2011

What has changed in the Movie industry in the last 10 years? Ticket sales are LESS but revenue MORE. How does that happen? (see the Top movies from 2000--really? That long ago?)

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I posted this graphic (left) just the other day.  Looking at it closer, I was curious about the "entertainment" category at the bo...

Tips for communicating with your collge professors by e-mail...Only one chance to make a first impression...

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Here are some tips for e-mailing your Professors in college.  Most center around "growing up". Numbers 1, 8 and 9 would be my pers...
Saturday, January 1, 2011

Nice graphic--How things have changed from 2000 to 2010...Quite Amazing!

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2000 Vs. 2010: How the world has changed  (HT: FLAD on Facebook)

If world leaders (Iran, Bolivia, Venezuela, Cuba, (US?)) would read the chapter in a basic economics textbook on subsidies, they could avoid social unrest and alot of grief.

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Bolivian president cancels gasoline price increase ""The government announced Sunday that it was raising gasoline prices by 73 p...
Friday, December 31, 2010

My wish for the New Year....YES, it is related to economics...Don't judge me...

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Food for thought as we pass into the New Year... ""On Jan. 1, 2011, the oldest Baby Boomers will turn 65. Every day for the next ...
Thursday, December 30, 2010

If you shovel snow from a public parking space, can you "save" that space for yourself? Show your work for full credit...

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Interesting how circumstances can change the way people think about public property.  Just because someone shoveled a space they feel entit...
2 comments:

Wind energy is for the birds! Actually it is AGAINST the birds! I thought Wind Energy was clean...Sounds kinda nasty to me...

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Wind energy is already expensive to produce (per kilowatt hour, minus the subsidies it recieves) and if well-intentioned interest groups hav...
5 comments:
Tuesday, December 28, 2010

Good ol' Days--Part 3---Shipping costs in 1960 relative to today...I was born too early!! The good ol' days are today...

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Professor Mark Perry at Carpe Diem has done a series of "then and now" price comparisons using a terrific online resource from Ra...
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