Friday, November 8, 2013

Jobs report out today!! Still creating too many lower wage, lower benefit jobs relative to the whole. However, I DID find a bright spot...

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The latest jobs report is out (October 2103) .  About 204,000 jobs added in October (2013). It surpassed expectations. In the first graphic ...
Tuesday, November 5, 2013

Nice graphs showing trends in GDP and the Labor Markets...

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Here some valuable metrics that give some perspective on the state of the economy and its short and long(er) term prospects.  These are unus...
Wednesday, October 30, 2013

Micheal Bloomberg has a soul mate in North Dakota in his fight to rid the world of fat kids.

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I see NY Mayor Michael Bloomberg has a soul mate to help him rid the world of rotund people. A woman in Fargo, North Dakota, said in a ra...
Tuesday, October 29, 2013

If you like old pictures and ones that tell an economic story, then check this out!

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I love old pictures like this one (found HERE with others of early American time periods) for a lot of reasons, but since I am an economics ...
Saturday, October 26, 2013

Who owns the Federal Reserve Bank of the United States? Good question that is sort of answered here...

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Here is a nice primer from an independent source as to who (or what) "owns" the Federal Reserve Bank of the US ("The Fed...

Nice graphic on the rise of bottled water and the demise of soft drinks. However, one question remains unanswered...

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The NYTIMES has a nice article on the rise of bottled water use and the demise of soft drinks in the US. "...But bottled water is...
Wednesday, October 23, 2013

Wanna know the problem with our Federal Budget? Here is it as plain as I can make it plus my take on the solutions. Your welcome...

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The Christian Science Monitor has a terrific set of Budget and Debt graphs on its site today. Below is one I copied and modified to show ...
Tuesday, October 22, 2013

Are Multiple Job Holders "Crowding Out" new entrants or re-entrants into the job market? See the data for yourself and you tell me...

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The Bureau of Labor Statistics (BLS) keeps track of all kinds of employment data from the surveys they do to determine employment/unemployme...

Update to the map comparing US Gross State Product (GSP) to Gross Domestic Product's (GDP) for select countries. Nice reference tool!!

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Here is an update to an interesting way to look at the Gross Domestic Product (GDP)  for the US.  (HT: student Gabe Salmon) It takes each ...
Friday, October 18, 2013

Mexican Government implements a Junk Food Tax. Oh happy day! I get to do a lesson on Elasticity and Incidence of Taxation.

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Here is a nice current article that helps teach the microeconomics concepts of Elasticity and Tax Incidence. Mexico Tries Taxes to Combat O...

What do Humvees in Afghanistan today have in common with trains in Mali in 1982? More than you think.

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" In Afghanistan, army struggles to wage war with damaged equipment, poor logistics"  Their fighting season nearly over, members...

See a couple of useful graphics here on the tragic issue of Human Enslavement around the world. The results might surprise you.

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The enslavement of people around the world has been a problem throughout history and no less so today. The first graphic shows, in nominal...
Thursday, October 17, 2013

Robots, Baristas and Economics Teachers...One of these is not like the others...

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I used to worry about robots taking away economics teaching jobs.  Turns out even robots have a limit as to how much boredom they can stand....

Only one thought, host hoc, on the end of the Federal Government shutdown

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I wish the politicians in Washington, and the talking heads that support them, would fight just as hard for private sector jobs as they did ...
Wednesday, October 16, 2013

Is it time to eliminate "Bridges" from the call to spend more money on "Roads, Bridges and Other Infrastructure"? I report, you decide. Numbers you will only see here...

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I read a short article ( HERE ) regarding the "crumbling infrastructure" in the US.  It pointed out that while 1 in 9 bridges in t...
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