Wednesday, September 3, 2014

San Francisco, Urban Farming and Housing Costs---a lesson in Opportunity Costs.

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Another adventure in Opportunity Costs. How Urban Farming Is Making San Francisco's Housing Crisis Worse  (The Atlantic) The City ...
Saturday, August 30, 2014

Discrimination is alive and well against fruits and veggies in the EU.

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The European Union (EU) has strict standards (see HERE ) when it comes to the sale of certain fruits and vegetables. In order to be sold i...
Wednesday, August 27, 2014

Fuel for Food in the Upper Mid-West. Caught in the Opportunity Cost trap.

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The allocation of scarce railroad track from the transport of food to fuel has created a costly consequence for agricultural interests. The...

Burger King and King Sugar. One wants to pay less taxes and the other wants to receive more tax dollars. One is way worse than the other.

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Ah, the arrogance of royalty. The freak-out continues over Burger King moving to Canada because of the purchase of a MUCH larger company ...
Tuesday, August 26, 2014

Comparing Apples to Burgers when it comes to taxes. One is a Whopper and one has a small worm hole--don't assume which is which...

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It is possible to be a corporate "traitor" without leaving the country. Last year Burger King paid a total of $88 million dollar...

Is US agriculture hurt by the sanctions Vlad imposed on US food exports to Russia? It really is a game of chicken.

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Here is an estimate of how much in lost food exports various countries will suffer as a result of the counter- Russian trades sanctions agai...
Friday, August 22, 2014

The rise of the robots! In the movies the heroes usually win that battle. How will the Labor Markets fair?

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A nice graphic from MIT Technology Review  on the rise in the use of robotics in manufacturing versus the change in manufacturing employm...
Thursday, August 21, 2014

Primer on how the Unemployment Rate is Calculated..

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If you are a student or teacher of economics here is a terrific primer on how the Dept of Labor's Bureau of Labor Statistics collects i...
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Economic vs Accounting Profit: Corn or Soybean? That is the question--answered here.

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Using data from the US Dept of Agriculture Economic Research Service (USDA-ERS) I made the following two charts (I am in the infant stages ...
Wednesday, August 20, 2014

One Million Deaths caused by these 3 things we take for granted everyday.

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Saw this link by way of Hans Rosling  and this passage made me pause: Burden of disease from inadequate water, sanitation and hygiene in ...
Monday, August 18, 2014

Here is the BEST answer to every job interview question---Economist-style.

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What happens when you ask someone with an excellent grasp of economics to be honest in a job interview ( SMBC ).   Made me laugh.  Th...
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Teaching (or learning) Interest Group Politics? You need this App!

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Ran into this site, SpendConsciously ,while trolling the Internet.  If you are teaching (or learning) about interest group politics this si...
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Saturday, August 16, 2014

Back to the Future: Russia threatens price controls in the face of Economic Sanctions. We know how this will work out.

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Predictable consequences are playing out in the economic sanctions world---with more to come:. Russians already hurt by Western food impor...
Friday, August 15, 2014

George Soros is "short selling" the US market. A quick Lesson on "Short Selling"

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There is an article in Business Insider today on Billionaire George Soros and how he is "short selling" a collection of stocks i...
Tuesday, August 12, 2014

Shark Week and the Market for Shark Tacos. Let's go to the graphs.

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Shark Week on T.V. has appartently increased the demand for Shark Meat in a variety of forms. NPR has a story on this : Discovery Channe...
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