Happy Rice Farmers

With a typical Egyptian household spending 38.3% of its budget on food in 2008, you can see why soaring food prices could fuel turmoil. But what about the other side? For Senegal farmer and trader, Ndeye Sarr Diop, rising rice…

The Economic Response to Riots

When the rioting starts, where does economic activity stop? In Egypt, gas and food were immediately affected. One owner of an Alexandria Mobil Station said he had not gotten a gas delivery for 2 days. The price of certain foods…

Doomster or Boomster?

Agree or disagree? “Both the jayhawk and the man eat chickens, but the more jayhawks, the fewer chickens, while the more men, the more chickens.” The quote is from 19th century economist Henry George but it relates to a report…

More on the Movies

Following up on yesterday’s post, I discovered how important product placement can be. Sometimes movie makers decide the products beforehand, before they even complete the script and select the stars. Fees for a “starring” product can total millions. Up in the…

The Ten Best Money Movies

From a Forbes.com, 2006 reader survey, the 10 best money movies: Wall Street (1987; 35% of votes) Trading Places (1983; 10% of votes) The Sting (1973; 6% of votes) Ocean’s Eleven (1960; 5% of votes) Boiler Room (2000; 5% of votes)…

Movies and Business

Having discovered a paper that explained why American films tend to present a negative view of business, I was especially interested in seeing which films were discussed. “Evil” Firms and Capitalists: The Godfather (1972), The China Syndrome (1979), Norma Rae (1979), Wall Street…