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I’m 15 pages deep into Economics 201 I don’t know near enough to figure out what has and hasn’t work in our economy in the past few years. I’m sure that with one to two more years of study I still won’t know enough to figure it out. What I do know is that [...] Billy Madison said it best “Back to school! Back to school, to prove to Dad that I’m not a fool! I got my lunch packed up, my boots tied tight, I hope I don’t get in a fight! Ohhhh, back to school! Back to school! Back to school! Well, here goes nothing!” Jessica is [...] I caught an interesting article about vengeance today where they mentioned an interesting experiment called the ultimatum game. Here is what wikipedia had to say about it The ultimatum game is an experimental economics game in which two players interact to decide how to divide a sum of money that is given to them. [...] Scott Adams, scribe of the popular Dilbert comic, may be on to something with his “economics party”. I’ve been intrigued by economics for the past year or two and I often wonder why our government decides to ignore economists. These guys study markets and how they interact – they can typically tell us if [...] I read an interesting post at Freakonomics where they discussed who was paying a higher percentage of total income in taxes – the super rich or those who aren’t as fortunate. It appears, through a straw poll of sorts, that the top 10% of wage earners who are said to earn 50% of the [...] In an influential 1932 essay, Lionel Robbins defined economics as “the science which studies human behavior as a relationship between ends and scarce means which have alternative uses.” (from Wikipedia) I read a fascinating article about our current economic “woes” and it turns out fear is more of a factor than short supply. Simply [...] If you’ve been paying attention – we’re paying more for many of the things that we use daily. The rising cost of oil impacts the cost of transportation, consumer goods, and food. Companies are trying to cut costs wherever possible while trying to retain the most talented and hardworking individuals. Some would blame the [...] First off, I am an undecided voter who is unsure as to what party or candidate that he will be voting for in the general election in November. I am worried about our country as a whole and I am particularly worried about our the education of Americans and our job market. I’ve been [...] The geopolitical landscape is constantly changing and this author believes that we, the United States, are on the verge of no longer being a prime superpower. Competition from the EU and China is going to be fierce and we must change a number of things to reassert ourselves and turn our nation around. [...] |
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