Saturday, January 19, 2013

"Where the U.S. gets its oil imports, in one map"

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Where we get our imported oil to fuel our economy is largely dictated by geography and close proximity to the source. Canada is our larges...
Friday, January 18, 2013

What do a bad movie and Jets QB Mark Sanchez have in common? They both give you that Sunk Cost feeling. Read here the connection...

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  Here is an excellent article merging an economic concept and a solid real life example---an NFL quarterback and " sunk costs ...
1 comment:
Wednesday, January 16, 2013

Nice graphic showing the 2012 Federal Budget and historical trends in spending and revenues. Are things getting better???

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Nice graphic showing the 2012 Federal Budget.  The left graphic shows the major categories of spending categories (mandatory and non-mandato...
Thursday, January 10, 2013

Great product for potty training OR the average college student...

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Go HERE for the article. Or just stare at the picture... :)  Source: Wired
Wednesday, January 9, 2013

Here is a detailed map of all the murders in Chicago this past decade and why you SHOULD visit the city in spite of it. Don't deny yourself this experience!!

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I have lived in Northern Illinois for a year now. I have visited downtown Chicago many times.  I ALWAYS feel safe.  Those of you who are ...

Nice graph showing the 69' Mets caused persistent debasing of the currency. What else could it have been?

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This graph shows inflation, as measured by the Consumer Price Index (CPI), from 1776 to Present.  Don't ask me how they got data from t...

Healthcare premiums and stagnant wages all in two easy to read graphs...

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Health care costs have contributed to stagnant wages for most workers. I don't THINK this is controversial.  Below is a chart ...
Tuesday, January 8, 2013

Nice infographic on the incredible amount of food that is wasted from the field to the table. These numbers look very bad, but are they really?

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You will have to click  HERE to see a larger image. On first look, I was aghast at the amount of "leakage" or loss of product a...

Just back from Disney World with an Economics lesson. You did not think I was riding the rollercoaster, did you? Has Disney raised its Theme Park prices TOO MUCH in the past two years since I last visitied? See my analysis here.

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Below are the prices for admission to the Disney World Parks in Orlando, Florida.  Just got back from there for vacation! A one day ticket...

Here are 16 predictable things that happen when a good and/or service is banned/outlawed. Happens like clock-work. The costs accrue quickly!

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When you ban something, or severely restrict its free trade, that most people want (not just insiders, but the public at large), a predictab...
Saturday, December 29, 2012

Don't laugh--I have a Vegan Restaurant recommendation for you. Those of you who know me know how ridiculous THAT is. However, I believe this very small chain of restaurants will be the next "big thing" in casual dining. Just wish I had the money to invest!!

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I am by NO MEANS a foodie, food critic or connoisseur of fine food.  In general, I dislike most vegetables and have an elevated disdain for ...
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See here the latest level of Household income it takes to be considered a high income earner. You will be surprised at how little it takes to be near the top!

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Interesting graphic from the Wall Street Journal .  The article states these figures are "national" and do not completely reflect ...

Curious as to how much (or how little, depending on your perspective) members of the Military earn per month? See the numbers here....

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I don't think most people know what members of the military earn on a monthly basis.  Here is the pay schedule for enlisted men/women . ...
Friday, December 28, 2012

The President quietly signed an Executive Order yesterday giving pay raises to Federal Workers, including the Vice President, the Senate, and the House of Representatives. See here the new pay schedule for these deserving ladies and gentlemen...

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Seems like bad timing to increase pay for Federal employees now, in the middle of a BUDGET CRISIS, but what do I know. Yesterday (Dec 27th...
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If you spill milk after January 1st you will want to cry because it might cost as much as $8.00 a gallon. Congress does it to us AGAIN! This is a strange story you have to read to believe.

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Caught up in the morass in Congress (House AND Senate) is the fate of the latest Farm Bill.  If it is not renewed on or before January 1st...
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