Saturday, May 3, 2014

My Informal Lime Report Update: A price increase!! According to reports, this should NOT be happening...

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I have been chronicling the price of Limes at my neighborhood Kroger (Northern Burbs of Columbus OH) for the past month or so.  Today...

Nice graph showing Median Age of workers and an aging population. Is there something to see here?

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Via Twitter and Micheal McDonough . "Median" age means half of workers are older than 42.40 years of age and half are under (rea...

Nice graphic on revised employment reports from the St Louis Fed

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This graphic comes from the St Louis branch of the US Federal Reserve Bank . It is a nice illustration of (1) why we should pay only mild ...
Friday, May 2, 2014

Electric Car buying and subsidies. Who REALLY benefits?

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Electric Cars are considered a net positive for a lot of reasons.  I know this can be a point of contention, but that is not what this posti...
Wednesday, April 30, 2014

Latest GDP report out. I see heating bills and transfer payments. What do you see?

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The latest Gross Domestic Product report for the 1st Quarter of 2014 just came out.  Not a good one at all---GDP grew at a .1% pace (yes, PO...

Is the US REALLY falling behind China in terms of measuring GDP? "Objects in mirror appear larger than they really are" is not just for rear view mirrors...

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There is a new International Monetary Fund (IMF)   report out regarding China's imminent surpassing of the US as the worlds largest eco...
Monday, April 28, 2014

Nice graphic on the number of jobs lost during the recession then gained back, by wage range. Surprised?

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This graphic on the losses and then gains in jobs in different wage bands is from The National Employment Law Project.  (A liberal group). I...

Not all income inequality is the same: The College Town Edition.

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A nice example that illustrates the maxim "There are lies, damn, lies, and Statistics". Five Thirty Eight (Ben Casselman) has a ...

How much stuff can you make from one bale of Cotton?

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Saw this on Twitter from an organization called " American Farmers ".  Thought it interesting. I like graphics that quantify and p...

Trade restrictions: The Quota Edition. Get primed with this primer!!

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I put together a presentation on how a QUOTA (as opposed to a Tariff) put on Imports affects the market for a good. This is meant as an in...
Friday, April 25, 2014

Nice set of 3 videos to teach Structural Unemployment due to technological change. Where did the jobs go? Oh, I see now...

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When teaching Structural Unemployment it is quite common for teachers to use the auto manufacturing sector as a prime example of how advance...

Latest numbers on the National Debt in nice pie chart form. Might be helpful for your class.

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Here is a handy-dandy pie chart I found HERE that shows the proportion of the US National Debt owed to various entities.  This is the most ...
Thursday, April 24, 2014

The Sequel --"The Amazon Tax---Part 2"

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Prompted by an observation by my cyber friend The New Arthurian , I an revising my posting on the "Incidence of Taxation" regardin...
Wednesday, April 23, 2014

Chocolate milk bans and good intentions...One is good for you and one is not. You figure out after reading this which is which...

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Below is a commentary on the unintended BUT predictable consequences (paging Frederic Bastiat ) of banning an item that is desirable. When p...

Price of Limes--Part 3. Are "Large Limes" and "Organic Limes" perfect substitutes for each other? And what is up with the pricing?

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I guess limes have been my obsession lately.  Intrigued how Mexican criminal cartels are having an influence on the price of them.  Does not...
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