Thursday, August 9, 2012

Food prices increasing? It is that #%*^&^& Ethanol policy! See chart here for the damage. Paging Frederic Bastiat!!

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Congress has mandated (not asked, not requested) that the nation produce 13.3 Billion gallons of ethanol to be an additive to fuel.  Big Pic...

Three over-arching reasons why US students perform below other countries on academic assessment tests. Do you agree or disagree? Does it matter?

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Below are three conclusions from Martin West , a professor at the Harvard Graduate School of Education, regarding the 2009 Program for Inte...
Wednesday, August 8, 2012

The psychology of Economics---Consumer confidence is down and it serves as a drag on the economy. Simple, but powerful...

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Economics is part social science and part psychology.  What people think "en masse" matters.  Consumer expectations are one of the...
Monday, August 6, 2012

LARGE infographic showing the scale and scope of the US economy. Some interesting facts and figures...

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[Source: U.S. Census Bureau ]
Sunday, August 5, 2012

Nice Cartoon: Gucci bag vs Grocery bag---Econ Concepts galore, if you just look for them...

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This cartoon (HT: Mike Fladlein ) is making a comparison between a Gucci handbag and a bag of groceries. The headline from the newspaper sho...
Saturday, August 4, 2012

Keynesian Economics vs Classical Economics summed up in two easy memes...

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Keynesian vs Classical---in a nutshell... Source: The Big Picture Blog    Source: Haywardeconblog ---I changed the captions. Did n...

Cartoon " Desert Island Recession"---See if you agree with the premise and conclusion...

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The genesis of a recession.  I have a problem beginning with the frame "The Next Day".  How about you? From  Gocomics   Via Mik...
Friday, August 3, 2012

I think the President SHOULD have said "The Federal employment sector is doing just fine". Here is the proof in one easy graph...

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Planet Money at NPR has been following the change in government jobs at the Federal, State and Local level since the beginning of the reces...

Entitlement Spending and Public Investment in 3 easy graphs. Hey, this is not a flashy subject but none more important...

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The following sets of graphs illustrate the "Emperor has no clothes" in terms of the Federal Budget. Everyone knows the problem bu...

A 1980's-ish rap/dance video by a group of middle class suburban 6th graders. For entertainment value it does not get any bettter...

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A fun video to watch for new students to the subject of economics. A 1980's-ish rap/dance video by a bunch of 6th or 7th graders. Warn...
Thursday, August 2, 2012

Unintended but predictable consequence of the Ethanol Mandate...

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Source: Carpe Diem
Sunday, July 29, 2012

The NY Times is catching on---Nice article on the impending Physician shortage in the US. Oh, you did not know that was going to happen? Econ 101...

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The Affordable Care Act largely forgot about the "Supply-side" of "Demand and Supply".  Here is an article in today'...

Nice graph showing the change in how we communicate and get information since 1900. We REALLY don't talk to each other anymore...

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Technology is rapidly changing the way we spend time communicating with each other and how we connect to the outside world. It shows time ...
Wednesday, July 25, 2012

Side by side comparison of drought conditions---today and 1934, a Dust Bowl year....

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Here are side by side comparisons of drought conditions today and 1934, a Dust Bowl year. A stark reminder of how bad the conditions rea...
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Tuesday, July 24, 2012

Infographic comparing The Great Depression with The Great Recession. Our grandparents were right.

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The Great Depression vs. The Great Recession by Payday Loan.co.uk
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