Sunday, May 5, 2013

How much does Prom cost and who pays? A nice graphic and some interesting observations from a survey by VISA.

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    Here is a short summation of the findings from a VISA survey where this graphic came from (found HERE).   Spending on the a...

Travels of a bloody shirt. Which one would YOU buy???

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This is from CNN and produced in light of the recent tragedy in a textile factory in Bangladesh. It shows the cost to produce the same ...
Saturday, May 4, 2013

Happy Kentucky Derby Day...I think. Had to throw in an Opportunity Cost lesson...

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Friday, May 3, 2013

Jobs report just out. Look at this nugget I observed in the report that you won't hear/read about in the analysis by "Real" Economists/Pundits today. And I think it is the underlying problem with tepid job creation.

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The Jobs Report for April is JUST out.  With this months report AND upward revisions for the last 2 months, we are chugging along. The job...
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Wednesday, May 1, 2013

The Federal Budget in several easy to read graphs/charts as prepared by the Congressional Budget Office. I report, you decide...

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The US Federal Budget in  current, easy to read graphs/charts.  If you are an econ teacher this presentation would be a nice addition to you...

Ladies and Gentleman---Here is the most environmentally friendly product of the Century---Get your phone out now to take a picture!!

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I was just admiring my Smartphone this morning (Samsung Galaxy 3).  It reminds me that it is not only a labor saving device for me but an ...
Tuesday, April 30, 2013

Nice (but HORRIBLE) graphic showing the trade-off that results from using food-for-fuel. 440 million MORE people (primarily the most vulnerable around the world) could be fed if we stopped this insane policy.

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As seen at The Big Picture Agriculture ....Here are a couple of graphics from THIS report by a private food id organization in Great Britai...

See here how Mark Cuban's brillant play in the Foreign Exchange currency market is going to make the Mavericks a better team. The rich get richer, but this guy is CLEVER!!

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Billionaire Mark Cuban is doing something interesting that makes a nice lesson in the Foreign Exchange Market.  See article HERE.  He is ...
Saturday, April 27, 2013

Here is a story about the 90% Debt threshold, a mouse and a dancing elephant. You would think people would be more concerned about the elephant.

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This from my cyber-friend " The New Arthurian " The Blue Line is Total Federal Debt ( private and public ) as a percent of GDP. ...

Link to interesting posting on the why software developers better be familiar with psychology. "Do you REALLY want your search for the price of a product to return the fastest result to you?" You might be surprised by the answer...

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A bit off topic for me, but I found this posting on " Cognitive Overhead " an interesting merge between technology and human behav...
Friday, April 26, 2013

US economy Trivial Pursuit. Trivia about something not so, well, trivial...

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HT: The Big Picture Blog. These very informative slides are courtesy of the Bureau of Economic Analysis (BEA), a part of the Department of...
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Thursday, April 25, 2013

If US manufacturing was its own country, it would rank 10th in the world in terms of dollar value of output. See the stunning chart HERE!!

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This chart is interesting for a couple of reasons.  (From Mark Perry at Carpe Diem ) 1. It shows how much of an economic powerhouse the US...

Starwood Hotels (Westin, Sheraton, Aloft) have an interesting Microeconomics experiment going on---Buy one night at the regular price and get 2 more nights at the dollar equivalent of your birth year.

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Just saw this at Freakonomics.   Starwood Hotels (Westin, Sheraton, Aloft) has a unique promotion going on. If you pay the Regular Rate fo...
Monday, April 22, 2013

The growth in the printing of $100 bills has increased 500% in 20 years. Where are those Benjamins going? See here for the answer...

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The number of $100 dollar bills in circulation has increase dramatically relative to the other US currency denominations in the last 20 year...
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Friday, April 19, 2013

Reason 1,001 why immigration is good for the US. Nice graph showing the incidence of entrepreneurship in the US. Immigrants carry the load in starting businesses. We need more of this, not less...

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This graphic comes from a recent study (found HERE ) on the state of entrepreneuship in the US.  There are MANY other interesting graphs and...
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