Saturday, February 16, 2013

My defense for an increase in the Minimum Wage to $9.00. I speak of one element of the labor market I don't hear ANYONE refer to and I think it is important to understand...

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There is lots of talk, for and against, regarding the recent proposal by the President to increase the minimum wage from $7.25 to $9.00 per ...
Friday, February 15, 2013

Price Floor Powerpoint---You can bet the Farm on this one!!!

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Price Floors are another example of government intervention into the "free" market. It is an effort to set a price for a good or s...

Price Ceilings explained as simply as possible. Must know info for when the Mayhem Guy from AllState comes to visit your community...

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When disaster looms or when it strikes there can be a significant disruption in the delivery of goods to that area.  We have learned about t...
Thursday, February 14, 2013

My Powerpoints to teach the Foreign Exchange Market in AP Macroeconomics.

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My Powerpoints to teach the Foreign Exchange Market in AP Macroeconomics. The first one is a long version to teach the "nuts and bolt...
Tuesday, February 12, 2013

Can you see me (Powerpoint) now?

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My detailed powerpoint on curve shifting in a Basic Supply and Demand graph.  This is a test to see if it embeds properly and people can see...
3 comments:
Sunday, February 10, 2013

Nice Infographic showing why Chinese consumers pay more for imports of certain foreign goods. See here how I link it to the Foreign Exchange Market. Gives an interesting perspective.

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Here is a comparison of the price differential of certain "luxury goods" sold in China and the US. The items below give the pric...
1 comment:
Saturday, February 9, 2013

Nice and Concise article on the concept of Opportunity Cost. I encourage you to read it. Besides, what else do you have to do today?

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See what I did there??? :) Thinking in terms of Opportunity Cost can change how you make decisions.  I believe for the better.  It provide...
Monday, February 4, 2013

Nice, short video primer on what the Debt Ceiling is. An informed citizenry is, well, rare...

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If you are not sure what the Debt Ceiling is all about, here is a good place to start.  As always, the devil is in the details and the issue...
Thursday, January 31, 2013

Interesting chart showing the Gender Gap in obtaining College Degrees and the disciplines those degrees are in. Eye-opening!!

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Numerically, women earn significantly more college degrees than men do.  However, there is some disparity in the nature of those degrees.  B...
Wednesday, January 30, 2013

Is student debt a new form of birth control? Maybe this is the only one that is truely effective!!

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Behind the falling US birthrate: too much student debt to afford kids? Karen Hu of Oakton, Va., is 28, married, graduated from law school...

I am feeling a little put upon by NPR. My first name is not valid in their eyes..

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This was a what the heck moment for me.  I tried to sign up on National Public Radio so I could comment on an article on their website , but...

Who knew? Manti Teo's fake girlfriend had a fake father who was a fake economist. (Is that last comparison redundant?)

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The Fake Economist Who Conned A Nation ""As an ex-presidential consultant, a former adviser to the World Bank, a financial rese...
Tuesday, January 29, 2013

"French and Malian Forces Retake Timbuktu"--I never thought I would live long enough to see this headline. See here a photo of a cherished possession I received while serving there and my own short personal comment on the situation

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  French and Malian Forces Retake Timbuktu In the early 1980's I served as a Marine Security Guard at the US Embassy in Bamako, Mali...

The economy can't recover fully and Government can't get smaller unless we address the issue of the Long Term Unemployed. Everything else is unproductive commentary. See here why...

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A very nice discussion and summary, in this Bruce Bartlett column at the The Economix ,  of two major classifications that people can be slo...
Sunday, January 27, 2013

HOLY COW!! Bovine smuggling from India to Bangladesh has increased dramatically. Read here what "the beef" is between these two countries...

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When quantity demanded of a good is greater than quantity supplied of a good the price of that good tends to increase, especially if there...
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