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Economics

The Great Molasses Flood

It’s good that the Saudi Guards were able to stop the attack on Abqaiq. Let’s hope they can prevent future attacks. If the attack had succeeded, the implications would be dire indeed. I salute the guards that died in the attack.


New York City is Brazil

Cost-of-living way out-of-control. Sign of unchecked capitalism. Greed runs the day.


Bird Flu and its Possible Impact in Indian Economy

Bird flu has struck India at a small scale right now. It is yet to become a major cause of concern for the country. However, there are signs that the Indian government and the people are taking this threat more and more seriously. Already, there has been a huge initiative to cull out thousands of chickens in order to prevent the flu from spreading all over the country.


The Role of the MPC in Controlling Inflation in the UK

An examination of how the MPC has played an important role in controlling inflation in the UK. Also looking at other factors that have helped reduce inflation...


Will We Ever Wake Up?

The Last Wake-up Call for Ford, GM, and American Autoworkers.


Thai - US Free Trade Agreement, Examining the Hurdles Both Countries are Facing

A long road still lies ahead for the Thai-US trade talks. But there are still a few very sensitive unsolved issues on the table that need to be resolved, as nether side wants to expose some key domestic industries to their competitors.


Economics and the Hershey Bar

Have you ever wondered why the price of a No. 2 wooden pencil has not risen as much in price, since 1955, as the delicious Hershey bar? There is a reason this, and it is a galling experience to discover and understand the economic process that has caused rabid inflation to occur and proliferate in the American nation.


What Happens When The Pumps Slow Down?

What happens when pumps slow down? What happens when the party is over? When the cheap oil ends? What will you do when the products and services which depended on cheap oil are expensive?


Free Trade and American Innovation; Can We Compete in the Future?

Many say that treaties like NAFTA and CAFTA hurt our industries and specifically our manufacturing sector. It is hard to debate this on further review due to the number of textile jobs lost over the years in the Northeast and South.


Top of Truck Advertising to Pay for Improved Aerodynamics for Fuel Economy

Trucking costs have skyrocketed due to fuel price increases and those costs have been passed onto the companies, which pay the shippers to ship their products to market. In doing so those companies will pass these costs onto consumers in the form of higher product costs.


U.S. Gambling Culture Spreads to Wall Street

In 2005, worldwide online gambling revenue is expected to be over $US10 billion for such operators while a total of $US 200 billion is expected to have been wagered. The prevalence of online gaming and the large revenues enjoyed from it has now, however, prompted major U.S. brokerage firms to claim their piece of the pie.


Inferior Foods Reign Supreme

The refined foods industry is big business. What does it cost you?


Conspicuous Consumption

The purpose of economics should be to promote the production and ease the purchase of goods and services to meet our human needs. It has become to buy more to show off. Can we develop an economic system that is more equitable in its service to humanity ?


Edible Reforestation

Have we lost too many rainforests? They can be replaced in some degree with staged biomass, reduce atmospheric CO2, feed and heal a hungry, sickly planet. Is there a will?


Capitalism = Freedom

You know I have seen quite a few people recently wearing T-shirts bearing the faces of prominent socialists and I find it very disturbing.


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