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Economics
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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.
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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.
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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.
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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?
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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.
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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 ?
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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?
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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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