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Results tagged “economics”
A Shortage at the Pump: Not of Gas, but of 4s
Michael Nagle for The New York Times Muhammed Matloob, who manages a gas station at Coney Island Avenue and Lewis Place in Brooklyn, is out of 4s for his regular pumps and 5s for his diesel. Permalink By KEN BELSON Published: July 15, 2008 If one is the loneliest number, then four is the hottest —...
A contradiction from the past...
I just finished John Kenneth Galbraith's account of the 1929 stock market crash and I was amused to read the following passage, which really flies in the face of conventional wisdom nowadays: The crash was also effective in bringing to an end the foreign lending by which the international accounts...
The Business of Batman
I agree that Marvel stock is directly linked to a movie release of one of their heroes, but Time Warner ? That's a lot to ask for - even for the Dark Knight... Source: http://www.cnbc.com/id/25723756 At least not longer term, although I don't know how much Batman makes in additional merchandising...
Eine Kleine Shockmusik...
Have just finished Naomi Klein's extraordinary book 'The Shock Doctrine'. I remember being very impressed / inspired / challeneged by 'No Logo', but that was a Sunday School Picnic compared to this later work. A brilliant journalist, who researches like a gold prospector and has a quite stunning...
Obfuscation Rules The Nation
Rather gloomily I anticipate that one of the recurring themes on this site is the lack of interest that people have in politics. This can be taken a step further and argued that the general public regard themselves as separate individualities as distinct from their neighbours as water is from rock....
Moscow and the Snob Effect
So this post is on both Russia and Economics, surprise! There are a few things I’ll mention here but they are all about groceries and for what people are willing to pay extra. Let us begin by comparing three different grocery stores and each one’s locations, clientele, hours, and pricing. Store...
G(ross)8
It's been 13 long months since the leaders of the G8 gathered for their annual talkfest. I'm sure the details of last year's communique are etched into your brain but just in case you've forgotten what was agreed in Heiligendamm, here's a reminder. "We noted," the G8 said, "that the world economy is...
Nostradacrush
We've become a nation of self-absorbed pansies, liars, pussies, cheats and thieves 'led' by a bunch of say-anything to-get-elected politicians. Regardless of how November goes, I weep for our future. (old line borrowed from Ferris Bueller so as not to take what follows below toooo seriously....) The...
Geeze.
I just spent the last hour or so working on my homework assignment online as soon as I click "Submit," the screen refreshes to a "Down for maintenance" notice. WDF? Please, please, please tell me my shit was successfully saved and submitted because I seriously do not have to the time nor effort to...
Fuel Economics 101
Folks, I know it's tough out there, but I want everyone to take a deep breath and think about something for a minute. I realize that's a tough thing to do these days, but really, let's try. There is so much hype out there in the media, and so many people that get their information from just a few...
Opinion: The real news is not on the front page
If you happen to be a newspaper reader (or news site reader), I'd like to share my unscientific opinion that grew out of 3 years of daily reading of such esteemed newspapers as The Washington Post and The New York Times. The Business Section is about the only hope of reading what's really going on...
capitalism
capitalism separated from an ethical base is nothing more than rapacious economics
Why I Hope Oil Isn't Bubbling
Ok, oil is expensive and it is creating pain for our economy. Prices are crazy high, vacations are being canceled, companies that rely on fuel are going out bankrupt left and right, mass hysteria -- bad, right? There could be one hell of a silver lining here; investments in new technology. Not just...
Mysterious 'Gas Men' dole out cash at the pumps
June 13, 2008 PLAINVILLE, Conn. (AP) -- They don't climb tall buildings in a single bound, but the mysterious "Gas Men" are super heroes to some fed-up motorists. The unknown duo were dressed in sunglasses, baseball caps, khakis and matching green golf shirts when they gave Gayle Kilburn a $100 bill...
San Diego drivers appreciate Mexico's cheap gas
June 15, 2008 SAN DIEGO (AP) -- If there's pain at the pump in the U.S., Mexico may just have a remedy. A gallon of regular unleaded gasoline in San Diego retails for an average price of $4.61 a gallon. A few miles south, in Tijuana, it's about $2.54 - even less if you pay in pesos. More and more...
Efficient Government through tax reform via Land Value Tax
Here is a snippet from a fascinating talk on Land Value Taxation. In one sentence LVT would replace almost all taxes with many positive long term effects for prosperity and progress. for more info check out www.landvaluetax.org/ and the obligatory Wikipedia page en.wikipedia.org/wiki/Land_value_tax...
Exchange rates and petrol prices
The below is from an entry I made at my main blog, based on some very basic maths after reposting a graph from the Historian’s blog. Just last week I was listening to the radio—one of the foreign-owned stations that seem to populate the FM airwaves (probably Coast)—and the DJ gave one of the...
