Economic History: The Dow Jones Industrial Average

During the last few years, the list of the Dow Industrials has reflected the casualties of the Great Recession. In 2008 the insurance firm AIG was dropped, General Motors left in 2009 and now Bank of America is going. Actually,…

Food Bites

Sometimes food is about a lot more than eating. When a !Kung Bushman hunter returns from the forest, he is greeted with, “What, you made us come all this way for this bag of bones?” One Bushman explained why. “When a young…

What Can You Learn From the Phone Book?

Among all of the innovations that changed our lives, have you ever thought about the phone book? The first phone book dates back to 1878. Compiled by the the District Telephone Company of New Haven, soon to become SNET, the…

Default Records

Seeing current concerns about the money owed by Greece, I wondered about her past record.  Until 1932, it was not good.  The first report of Greece defaulting on her debt was during the fourth century B.C.  At the time, ten…

A Very Good Teaching Company Course

Driving to and from NYC, I have been listening to Part 2 of “America and the New Global Economy,” a Teaching Company course. Interesting in every way, the professor, Timothy Taylor, combines a general economic overview with great specific stories…