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Sleuthing Copper Prices
I’m not generally one to go out “Bush Bashing”. I don’t enjoy high prices or the war in Iraq, so I put up with both often in silence.Last week I found myself at the local hardware store purchasing a (ten dollar) piece of copper tubing for a home repair.Read more…The Economics of Hurricanes
During the 2006 Atlantic tropical hurricane season the world will watch all of the awesome power of Mother Nature. We will watch the weather satellites and the weather Channel and listen to meteorologist experts and weather research scientists who will explain each and every move that the hurricane takes.Many will be forced through mandatory evacuation to leave their homes for safer regions.Read more…More Americans Will Retire With Mortgage
A recent study reveals that fewer homeowners are retiring without owing a mortgage.The study, prepared by the Joint Center for Housing Studies at Harvard, found significant changes in debt patterns from 1990 to 2000.While homeowners used to pay off their mortgage in 20 years and retire in a free-and-clear home, this trend is experiencing quite an extinction.Read more…Women Issues - The Financial Risks Faced By Women
Many women risk being too financially dependent on others. Getting a job and earning money is not the solution to this risk. Women need to be clear with their partners as to who makes the financial decisions.Read more…Oil Prices
As oil supplies become increasingly scarce and demand rises, oil prices are steadily increasing. Disruptions in the supply chain may occur at oil wells, during transportation from wells to refineries, at refineries, or along the pipelines that transport oil to different parts of the country. In 2005, some of the most powerful hurricanes in recent history passed through the Gulf of Mexico and hit the major oil refining regions of the Gulf coast.Read more…Monetary Outflows to China Significant
While the Bank of China prepares for an IPO and investors will be watching all those rather interesting shall we say bad loans, we see our trade deficit with China go ballistic. In May China’s finance minister noted a surge of 44% in their trade surplus with the United States. If the United States does not watch the money flows it will severely hurt our economy and those who watch these things closely ought to understand that.Read more…Economic Situation of China
Over the last 25 years China’s economy has drastically changed. They went from a centrally planned system that relied heavily upon international trade, to a system that is now more market oriented.In 2005, China had the second largest economy in the world; being edged out only by the United States.Read more…The "Booming" US Economy; For Whom Doth It Boom?
Kurt Vonnegut, Jr.’s first novel (1952) entitled “Player Piano” envisioned a world where automation had entirely replaced factory workers. Vonnegut’s world consisted of a very small wealthy elite class; an equally small and elite (5 Ph.Read more…The Truth about the Economy
This morning, and in fact every morning for the past few weeks, one of the first news stories has been the state of the economy.It seems that the stock market is falling and many people are worried about this. I, on the other hand, actually see this as a good thing.Read more…Bernanke Comments on Potential Interest Rate Hikes
At an international conference on Monday, Federal Reserve Chairman Ben Bernanke promised that inflation will be fought by the central bank.Bernanke stated that the Federal Reserve "will be vigilant to ensure that the recent pattern of elevated monthly core inflation readings is not sustained."Economists have closely been watching the Fed for any suggestion that the interest rate increases will be paused at the Fed's June 28-29 meeting.Read more…Telecommuting - Work from Home - Increases as Gas Prices Rise
It's been growing steadily over the past few years, but the trend toward telecommuting has increased significantly during the dramatic rise in gas prices. With gas hovering at $3.00/gallon, more and more employees are beginning to call in sick or take more time off because of the pinch they're feeling due to the high cost of commuting to work every day.Read more…The Spanish Rail, Standard Deviation and Innovation
Infrastructure is a term to describe all those nearly invisible activities that are needed to support other productive economic functions. A railway system – although not really invisible – is needed to connect other economic activities in this case called (public) transport.Infrastructure is a quality kind of service.Read more…Reusing Carrier Bags Helps
Encouraging consumers to use fewer environmentally damaging plastic carriers has long been a challenge. If modern urban life had a flag it would be a plastic bag: ugly, somewhere unreachable and likely to remain there long after the last bit of open space has been concreted into a supermarket car park. The UK's largest supermarket chain said this month that it would seek to cut the number of carrier bags it gives to customers by 25% over the next two years.Read more…How Do All The Different Nations Borrow Money
Just like people, nations can borrow money and just like us they also must repay their debts along with relevant interest!But why can't all of the countries (nations) borrow money? Simply the same reason why individuals can't - their expenses are greater than their income in many cases.Read more…Whether a National Minimum Wage Reduces Relative Poverty
Relative poverty reflects the fact that some sections of society have an income far lower (e.g. 50% less) than the average salary.Read more…The Non-Taxation Revolution of Transfinancial Economics (TFE)
This article is a brief, non-technical presentation of a project referred to as Transfinancial Economics, or more simply TFE. It is an evolving concept which is now starting to be seriously accepted by enlightened academics conerned with cutting-edge knowledge.1. The Basic Concept.Read more…Capitalism Rocks and Socialism Crushes; Film at 11 PM
How can we explain to the American People that socialism is dangerous and leads to collapses in Civilization, less choice, less opportunity and utter chaos as it declines? How can we show the rest of the world by leading by example that Communism pushes people down and capitalism pushes people up.Today, The United States of America is by far the greatest nation in the World, as it by far the greatest civilization ever created in the history of mankind.Read more…Subtract Mexican Aid by the Amount Illegal Aliens Send Back Home
Some believe there are many as 24 million illegal aliens and illegal immigrants from Mexico in the United States of America who have come over the U.S. Mexican border.Read more…No Shortage Of Energy, Just Technology - 1975 Editorial
No Shortage Of Energy, Just Technology May 28, 1975 Gasoline continues its relentless march to $1 per gallon and still Congress ducks the issue in hope the President, by himself, will make the unpopular decisions necessary to solve the energy crisis.President Gerald Ford has responded with the usual governmental tactic for every problem - another tax.An additional $1 tariff on each barrel of foreign crude oil hopefully will dampen the appetite of Americans for expensive automobile fuel.Read more…It's A New Ball Game - 1975 Editorial About American Economy and Population Growth
It's A New Ball Game October 22, 1975Like it or not, it's a whole new ball game so far as the quality of American life is concerned.The U.S.Read more…
Most Recent Articles in Economics category
- Investors Moving Money to European Banks Fearing U.S. Economy and Major Bank Failures - By: Brett Schoneman
"Many investors are placing part of their hard-earned money out of harms way into foreign banks that do not have exposure to the U.S. sub-prime mortgage crises," says Kevin Wessell, CEO of Offshore Company. Mr. Wessell is also the author of "Build Your Financial Castle" and a nationally renowned asset protection seminar speaker. - The success of Africa's exports - By: Paul McIndoe
While Africa faces tremendous challenges on the road to integration into the world trading system, many African export sectors have actually outperformed world market growth. - The 10 Movers and Shakers in Turkey's Banking Sector - By: James Kara Murat
In Turkey there are many sectors active and dynamic and the banking sector is one of them. The dynamism of the banking sector is a result of the lifting of certain restrictions - The Biggest Banking Mergers & Acquisitions in Turkey - By: James Kara Murat
Turkey is making some economic reforms in order to become part of the European Union. As a result, the Turkish banking industry has seen many changes. - Barcelona economy - By: Kirsty Connell
Barcelona has a highly diversified economic structure. Find out the facts which lead to the growth of Barcelona economy. - Indian Retailers Accelerate Evolving Pace - By: Gaurav Doshi
Retail industry in India is gradually edging its way towards becoming the next boom industry with contributing more than 10% to Country’s GDP and around 8% employment. Several Indian and global players are developing strategies to enter such a fast paced and growing market. Also the whole retail industry is taking new shape, the traditional market giving way for the more organized market in the form of departmental stores, hypermarkets, supermarkets and specialty stores. - The Real State of the Economy - Good or Bad? - By: Stephen Morgan
There is something about the US Economy at the moment that I for one don’t get. Now it may be that being a brit, I am a little slow on the uptake; this has been known to happen every now and then but at the moment I cannot fathom several things out.Firstly, the UK economy, despite the Chancellors proud claims, is not in exactly the best of shapes but in the US, the Government is technically, if not practically bankrupt. - India Emerging As A Global Healthcare Destination - By: Christine Macguire
Health is vital for ethical, artistic, material and spiritual development of man. It is very certain that of all the gains, the gains of health are the highest and the best. Traveling abroad for treatment has been an age-old practice. - India-Srilanka Free Trade Agreement(FTA): The Success and Road Ahead - By: Dr Suvrokamal Dutta
The Free Trade Agreement between India and Srilanka came into full existence from 1st March 2000.This FTA basically deals with the modalities of the Duty Free Import of the Goods manufactured in Srilanka. Which exempt specified goods imported under Indo-Srilanka Free Trade Agreement from the Import Duty up to 100%. - Industrialization and Economic Growth - By: Aaron Schwartz
The rapid development of Japanese economy after the World War II that continued until 1990s, is often regarded as the Japanese “economic miracle”. Indeed, this country managed to change its position from the weak developing countries to second most important industrial and exporting giant after the USA. A lot of scientists even argued that Japan will soon become the world’s most powerful industry; but the lasting recession of Japanese economy which started in 1990s, now denies these doubts.