examples

Demand Note-making

October 18, 2009

Here are a couple of videos which explain how demand is determined, and how it is graphed: An interesting article about the changes in demand for peanuts following a salmonella outbreak. Gold demand increases in India before festivals. As consumer demand and consumption increase in China, they are left with a stinky problem. What happens [...]

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Flaw in Free Markets: Humans

October 4, 2009

This article is about some of the assumptions Mr. Greenspan made as Fed Chairman and where he may have gone wrong. Adam Smith’s theory of the invisible hand, which says that market forces harness self-serving behavior for the common good, assumes that markets are competitive, and most markets have in fact become more competitive over [...]

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Interesting Articles 9/20

September 20, 2009

This is a link to a cool story on the economics of piracy. Here are some infographics that I thought you would like: Geography of a Recession How the Government Dealt with Past Recessions Where the Rich Hide Their Money In this article they explain which places would be the most suitable for High-Speed Rail [...]

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Bhutan… A closer look.

September 15, 2009

Today in class we discussed various forms of economies. One of these was a “Buddhist economy” and the example I used for this was the country of Bhutan. Here is a short video about Bhutan… While it may seem that I was strongly supportive of their economy’s aims, there is, perhaps not surprisingly, another side [...]

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