Category Archives: Economics

What Gets More Expensive When Oil Prices Rise

  Plastic About 40% of an oil barrel yields gasoline; the rest generates a variety of other petroleum-based products, according to the Department of Energy. Anything made out of plastic is derived from petrochemicals–chemical products made from petroleum–and therefore, its … Continue reading

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A Dozen Dumb Taxes

  NOBEL PRIZE TAX Being rewarded for helping bring world peace or writing a great novel can cost you. The “Nobel prize” tax–in reality it also applies to other prizes such as the Pulitzer–is a tax levied against the money … Continue reading

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Inequality for All: Robert Reich

  Inequality for All is a 2013 documentary film directed by Jacob Kornbluth. The film examines widening income inequality in the United States. The film is presented by American economist, author and professor Robert Reich. The film premiered at the … Continue reading

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The Sharing Economy

  Woman With a Car vs. Washington D.C.’s Taxi Cartel     The Sharing Economy by Professor Arun Sundararajan                      

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Video: Basics of #bitcoin

                     

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12 Days of Bitcoin: Passing the Beer Run Test

                     

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China’s Third Plenum – Winners and losers of Chinese reform #China #economics

Dambisa Moyo: Is China the new idol for emerging economies? China’s Third Plenum – What we need to know   The Third Plenum has finished in China and with it has come some potentially significant reforms designed to rebalance the … Continue reading

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Why do we have to wait so long for lifts? #behavioral #economics #psychology

  The BBC’s Tim Harford explains why we have to waste so many minutes of our lives waiting for lifts                        

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Dambisa Moyo: Is China the new idol for emerging economies?

    “Give me liberty or give me death.” When Patrick Henry, the governor of Virginia, said these words in 1775, he could never have imagined just how much they would come to resonate with American generations to come. At … Continue reading

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Distribution of income #economics

  When national income rises, does that extra income go into the pockets of workers or capitalists? The answer is clear cut: labor is getting a smaller slice of the pie. How and why might that be happening, and what … Continue reading

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