Thursday, September 17, 2015

The Minimum Wage and Poverty Level Income. How much do I need to make? Numbers here...

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Here is a table of the official income levels the US Federal government uses to determine whether or not someone is classified as "poor...
Tuesday, June 9, 2015

US per Pupil Spending Adjusted for Purchasing Power. A shake up in the rankings!

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Dr. Tim Taylor (" The Conversable Economist ") has a post regarding "The Variation in US Spending Per Pupil". The data...
Thursday, May 14, 2015

Bourbon producers are over a barrel...

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Excellent article to use for a lesson on the basics of demand and supply and the variables that contribute to the respective curve shifting....
Wednesday, April 29, 2015

What is up (or down) with the price of milk?

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No big observation for this posting.  New data from USDA ERS  on the cost of producing milk came out today, and I was just looking at the nu...
Monday, April 20, 2015

Dollar Appreciates and the Price of Oil Decreases. WHY?

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The Wall Street Journal has an article today on the relationship between the strength of the US dollar and the price of crude oil: Oil Pri...
Friday, April 10, 2015

Part 2---Mini Lesson on the US Dollar vs The Euro.

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Yesterday I wrote a mini-lesson on the relationship between the US Dollar and the Euro: One year ago (April 9th, 2014) the  US dollar pri...
Thursday, April 9, 2015

Mini lesson--US Dollar vs the Euro.

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One year ago (April 9th, 2014) the US dollar price per Euro was $1.40.  Read that as it took $1.40 to "buy" 1 Euro dollar. If I w...
Wednesday, April 8, 2015

Low oil prices adversely affect recycling efforts. How does that happen?

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Plastic bottles that hold our favorite soft drink or choice of bottled water contain an input called  Polyethylene Terephthalate, or "P...
Monday, February 23, 2015

Credit is the fuel for an economy. The resulting debt is the exhaust that chocks it.

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That is the best analogy I can come up with at the moment. This wise posting is from The New Arthurian.  Go there to read the BEST stuf...
1 comment:
Saturday, February 14, 2015

The US Exports water and land mass in the form of Ethanol. Madness.

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I follow several agricultural organizations on Twitter because they provide lots of good info and graphics on things that interest me. The...

Why do the Ukranians and the Rebels continue to fight even when a cease fire is only hours away? Game Theory might tell us.

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Ukraine crisis: Fighting rages as ceasefire nears I read this headline and the accompanying story and wondered why the fighting remains at...
Thursday, February 12, 2015

Chocolate and Simultaneous Shifts in Demand and Supply----Happy Valentines Day!

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Can you feel the love of supply and demand yet? A very nice article in the New York Times that can be used for a basic supply and demand e...
Wednesday, February 4, 2015

December Truck/SUV sales. Is there more to the story than low gas prices? Yes.

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I got the graphic below from a Wall Street Journal article on the big jump in "large vehicle" sales in December in the US.  They g...
Thursday, January 29, 2015

Nice illustration of shift in crop production in the US(1990-2015). Good lesson on Allocative Efficiency

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A nice visual showing how the allocation of agricultural land used for large scale farming has shifted in what it produces over time.  This ...
Wednesday, December 17, 2014

What came first: the egg or the California regulation on cage sizes?

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Washington Post:  California could be on the verge of a severe egg shortage, and it will affect the whole country A new regulation  is se...
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