Economic History

November 9, 2011

“Tweakers”

Referring to Steve Jobs, most of us think of innovation and entrepreneurship. Like Thomas Friedman in “(Steve) Jobs, Jobs, Jobs, Jobs,” we imagine business starters and […]

November 8, 2011

The Future of Oil

When will we run out of oil? A room full of pistachios might have the answer. In the first several pages of The Invisible Heart: An […]

November 4, 2011

Frozen Jeans

Being a responsible citizen of the earth might mean freezing your jeans. According to Levi’s, one pair of jeans, from its inception in the cotton field […]

November 2, 2011

Default Deja Vu

Between its independence in 1829 and 2006, Greece has had 5 defaults or debt reschedulings that occupied a total of 50.6 years.  Described by Rogoff and […]

October 28, 2011

Euro Deal Primer

To understand euro zone bailout plans, just think BBB. Bonds, Banks, Bailout The Bonds: If you own Greek debt, then you would be asked to accept […]

October 27, 2011

Innovation and (Steve) Jobs

From the iPhone and iPod to a…thermostat? At a Silicone Valley start-up, a former Apple design leader has switched his focus to diminishing carbon emissions, decreasing […]

October 26, 2011

Innovation and Jobs

Just say, “More productivity, R & D and economies of scale,” and you are talking about large firms. New Yorker financial columnist James Surowiecki reminds us […]

October 25, 2011

Greece and Argentina

Nobody wants Greece to become Argentina. It all began with what scholars Rogoff and Reinhart called the lending boom of the 1990s. Enjoying the influx of […]

October 24, 2011

Babies and the Elderly

The beginning of life and the end of life are becoming more expensive. The number of premature babies in the U.S. has soared by 36% during […]

October 23, 2011

Chinese Imports

Are you paying more for your clothing? According to NY Times financial journalist Floyd Norris, women’s shirt prices, dresses, sweaters, all that government statisticians consider female […]