Category

Economics

• Economics

  Economist Blames Twitter for Down Economy - Twitter Moratorium

  Posted by Derek Rowley on 03.19.09 | Permalink | Comment?

  LINK: Economist Blames Twitter for Down Economy - Twitter Moratorium.
  Could it be true?  Is Twitter responsible for the economic madness?

• Current Affairs, Economics

  Psychology of Recession

  Posted by Derek Rowley on 03.06.09 | Permalink | Comment?

  That’s a bit of a pretentious heading - as if I’m qualified to comment on either psychology or economics. However, as an amateur observer of the human condition, it does strike me that a significant component to our current economic quagmire is largely in our head. It seems that while we have transitioned over the [...]

• Economics

  10 Keys to business survival in a recession

  Posted by Derek Rowley on 02.07.09 | Permalink | Comment?

  It seems to be the consensus among business and political leaders that our economy is worse than it has been in generations. Statistics, for what they are worth, prove it. In other words, most of us have never seen anything like today’s economic crisis, and there isn’t much in our own experience that gives us [...]

• Economics

  Personal Savings at lowest rate since Great Depression

  Posted by Derek Rowley on 02.05.07 | Permalink | Comment?

  The Commerce Department released a report last Thursday showed the Personal Savings Rate in the U.S. at its lowest rate since 1933.  In 2006, the average consumer spent 1% more than they made during the year.  Obviously, the only way that can happen is if people are spending previous savings or are living off of [...]

• Economics

  The Dow Mirage

  Posted by Cort Christie on 10.11.06 | Permalink | Comment?

  I read an article recently by Peter Schiff, a CEO of Europac, who addresses the fact that all the media attention being given to the record breaking heights of the Dow Jones Industrial Average is a lot of hype.  Given the fact that we are a month before a major election, I don’t know who would want [...]

• Economics

  52 metro areas housing considered “extremely overvalued”

  Posted by Cort Christie on 08.18.05 | Permalink | Comment?

  A study conducted by National City corp, and published in USA Today, has determined that 53 metropolitan areas in the U.S., representing almost one-third of the nation’s total housing market, is considered to be “extremely overvalued”.  This designation is applied when the study determines that housing prices are 30% above where they should be based [...]

• Economics

  Stock market models brainless trading

  Posted by Cort Christie on 02.03.05 | Permalink | Comment?

  Research conducted by the Santa Fe Institute in New Mexico has arrived at a conclusion that many of us have always suspected:  the stock market acts like it doesn’t have a brain in it’s head.  Most stock market models begin with the assumption that traders have access to the information they need and then make [...]

• Economics

  Nevada looking at tax rebates

  Posted by Derek Rowley on 01.07.05 | Permalink | Comment?

  Apparently, Nevada’s tax-happy governor is realizing that he pushed through a tax increase in 2003 that was too large.  Had he or the legislature  listened to the business community at the time, he would have avoided this mistake.  But instead, a few special interest groups were appeased, and the largest tax increase in state history [...]

• Economics

  The Credit Theory of Money

  Posted by Derek Rowley on 12.05.04 | Permalink | Comment?

  Link: The Credit Theory of Money.  An interesting read, dating back to 1914 when the only “real money” was precious metals.
  - Derek Rowley