Macroeconomics

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 […]

October 22, 2011

A Surprising Deficit Worry

Who do you think is the biggest holder of U.S. government debt? The U.S. government. Whenever Social Security collects more payroll tax money than it needs, […]

October 21, 2011

Millionaire Inventors

Assume you have $1.4 million dollars that you want to give away. Your goal is to spur the development of new technology, but just not any […]

October 19, 2011

Defrosting the Doughnut Hole

A global phenomenon will open up new areas for oil exploration, enable ships to take shortcuts, and provide easier access to world markets for iron ore […]

October 18, 2011

The Blackberry Disruption

Last week’s Blackberry blackout saved lives. In Dubai, traffic accidents dipped 20%. For Abu Dhabi, the decrease was 40%. Considering that there is approximately 1 traffic […]

October 17, 2011

Another Amazing Entrepreneur

From this WSJ description of Jeff Bezos, you can tell he is an amazing entrepreneur. The article is wonderful. Here are some of the facts: Named […]