Saturday, April 28, 2012

Do Americans REALLY buy the "Buy American" mantra or has globalization said bye-bye to that notion? The survey SAYS....

›
Nice example of looking at what what people DO instead of what they SAY.  According to the survey below, Americans care much more about th...

Kidney Disease does not kill people, government policies on the sale of kidneys kills people....

›
Ok, maybe my rhetoric is a little harsh---or is it? Nice example of how a price ceiling imposed by law creates a shortage of a good. Fede...
2 comments:
Thursday, April 26, 2012

Nice graphic illustrating the web of firms in a Monopolistically Competitive Market. Look for your favorite brand(s)...

›
In AP Microeconomics we study market structures.  The graphic below is a nice illustration of firms that compete in a Monopolistically Compe...
3 comments:

Only two industries are back at pre-recesssion employment levels. See them and the laggards here...

›
Only two industries have fully regained the jobs (and then some) lost during the recent recession.  Leisure and Hospitality has 4.2% more ...
Saturday, April 21, 2012

Non-Traditional Economic Indicator---Y'all to U-Haul...

›
The always insightful Carpe Diem offers underlying evidence for larger trends in the economy.  Just everyday transactions that send signals...
1 comment:

A humorous look at the various economic systems and corporate models in existence. Economics CAN BE funny, once in a while...

›
A humorous, yet insightful, look at the various economic and corporate models that can be observed in the world.  Surrealism is my favorite....
1 comment:
Tuesday, April 17, 2012

On an hourly basis, which College Major Pays the BEST? See the list here. Guess which is Number 1 before looking.

›
I see alot of these salary surveys, but this one comes from the latest Census data so it promotes no particular agenda.  The math and scienc...
Sunday, April 8, 2012

Are we in the midst of an overt Positive Aggregate Supply Shock in Manufacturing? A rare sighting indeed.

›
We can have all the demand for goods and services in the aggregate in the short run but occassionally, or in tandem, we need an increase in ...
2 comments:
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...

›
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...

›
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.

›
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.

›
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.

›
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!

›
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...

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