International Trade

November 28, 2011
Published by Elaine Schwartz at November 28, 2011
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The First Credit Default Swap

Some of the euro zone’s problems actually started with the Exxon Valdez oil spill. After the 1989 Exxon Valdez calamity, when an Alaska jury said that […]

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November 27, 2011
Published by Elaine Schwartz at November 27, 2011
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Happy Pecan Farmers

With soaring demand from China and less supply in the U.S., you have some very happy pecan farmers. However, they have one big problem. Theft. Armed […]

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November 20, 2011
Published by Elaine Schwartz at November 20, 2011
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California and Kentucky

Could we compare California’s relationship with Kentucky to Germany and Greece? Somewhat like Germany and Greece… California and Kentucky share the same currency. California has a […]

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November 14, 2011
Published by Elaine Schwartz at November 14, 2011
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European Ties

How to picture the US/European economic partnership? You could think of Skippy Peanut Butter. Owned by Unilever, a multinational based in the UK and the Netherlands, […]

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November 8, 2011
Published by Elaine Schwartz at November 8, 2011
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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 […]

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November 5, 2011
Weekly Economic News Roundup and Hollywood gender gap
Published by Elaine Schwartz at November 5, 2011
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Leaving the Euro

Would you like to win 250,000 British pounds? Predicting that a nation’s euro zone exit would be catastrophic unless properly managed, a UK businessman has sponsored […]

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November 4, 2011
Published by Elaine Schwartz at November 4, 2011
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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 […]

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November 2, 2011
Published by Elaine Schwartz at November 2, 2011
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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 […]

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October 28, 2011
Published by Elaine Schwartz at October 28, 2011
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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 […]

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October 25, 2011
Published by Elaine Schwartz at October 25, 2011
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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 […]

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October 23, 2011
Published by Elaine Schwartz at October 23, 2011
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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 […]

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October 22, 2011
Published by Elaine Schwartz at October 22, 2011
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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, […]

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