Saturday, April 7, 2012

There IS a bright-side to high gas prices. (I am just the messenger, but I understand if you want to shoot me)...Read why here...

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The fuel efficiency of vehicles SOLD in the US has increased in the last few years (Chart below).  However, the change in the last couple of...

Tide Detergent as a Currency. Sounds good but I think getting change back could be a little messy. Read about it here...

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I posted about this a couple of weeks ago---Tide Detergent has become a currency within the drug trade in many parts of the country.  Below ...
1 comment:
Friday, April 6, 2012

I found a bit of interesting news in today's job report that illustrates a continuing trend in inequality---however, it is something you can do something about.

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I clipped this from todays jobs report  because I thought it noteworthy for students. The numbers in the Blue Box show the number of new ...

Here is concise explanation how the unemployment rate is calculated and some of its pitfalls. Also links to todays report and analysis.

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Below is an easy to read summary from the WSJ  of how the unemployment rate is calculated and some of the "myths" associated with ...
Wednesday, April 4, 2012

More comfort for those of you pursuing Non-Technical degrees...YOU are in BIG Demand!! Learn here how to take advantage of it.

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I encourage you to read the whole article below.  Not everyone can be (or wants to be) an engineer, scientist, or mathetician OR business ma...
Sunday, April 1, 2012

Nice Graphic showing the Continent of Europe at night in 1992 and 2010. People see lights. Economics students see Opportunity Costs!

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A map of the continent of Europe at Night (HT: Carpe Diem ).  Watch carefully. The image transitions from 1992 to 2010. It is interesting to...
1 comment:
Saturday, March 31, 2012

Nice article illustrating Opportunity Costs, the PPF and Supply and Demand in Agricultural Markets...

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Farmers’ corn push to hit soyabeans  ( The Financial Times) Food commodity prices rose after US farmers signalled plans to sow the most c...

Excellent article on the "Pizza by the Slice" price war in NYC. Illustrates perfect competition, Substitution Effect on Demand, and Elasticity of Demand. A gold mine for a basic Economics class...

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Nice article on the "Pizza by-the-slice price War" taking place in a NY City neighborhood.  Competition is good for the consumer....
Friday, March 30, 2012

Nice graph showing dollar amount of currencies traded in the Foreign Exchange Market---Impress your econ teacher or your Professor!!

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I knew lots of currencies are traded in the Foreign Exchange Market on a daily basis, but I did not know how much in dollar terms. This grap...
Wednesday, March 28, 2012

China is now our 3rd largest EXPORT market. Nice interactive graphic showing each US States share of those exports. This is a growing market for US goods and services. We can either fight it or benefit from it.

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If economic expansion does not cause China's political system to implode, the opportunities to do business there are in their infant sta...
Tuesday, March 27, 2012

The "Opportunity Cost" of getting rid of "Pink Slime"---No one seems to be defending this product. Guess I will give it a shot...

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On employment and environmental grounds, it may be worth re-considering our aversion to this product. One persons gross Pink Slime is anot...
Sunday, March 25, 2012

When oil prices rise the first cry from politicians and other scoundrels is "IT'S THE SPECULATORS!!". But is it TRUE?

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This research paper surveys  published papers on the topic of speculation in the oil trading commodity markets. Speculation is the "kne...

Rock meet Hard Place: If young adults left home the economy would get better. Can't leave home because the economy is not better. How do we break this deadlock??

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The number of "children" (young adults) living with their parents for longer periods of time has increased in the last 10 years, a...

Baseball Fans: A little on the business side of the game---Nice chart showing each teams Debt to Equity Ratio. Easy question: Who has the most equity and smallest debt? Hint, it is the same team.

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Notice the Key: The BLUE bar is the teams Debt. The RED bar is Equity, or in laymans terms, the portion that is "Free and Clear" o...

Nice example of Entreprenuership and using technology to solve a market problem. See a need, meet that need.

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Nice example of how entrepreneurship can create an opportunity for one person to solve a problem for another.  However, it is not enough jus...
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