• Island Economy

    Mar 17 • Thinking Economically • 207 Views

    I’m sitting on the beach and looking to the left I see MASSIVE ships sailing up to the beach. Honestly, it hasn’t hit me until now that islands and other destinations survive because of tourism. With eight cruise ships and multiple hotels, there are more than enough people to shop and eat on the island. How does a small island make room for this many people? Imagine about 3,000 people per ship all rushing off and into the town for a short period of time. Think of the money that comes onto the island in bursts. Are there always this many people coming in per week? What happens if it’s the off-season? I can’t really understand it. With nothing else to think about, these thoughts swim around in my head. I’m happy here on the beach staying on land…

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  • Girl Scout Cookies

    Mar 5 • Thinking Economically • 214 Views

    Have you ever realized the craze that girl scout cookies have caused? Whenever I hear those three words I jump at the chance to order them. Money really is no object. I end up with enough boxes to last me a year. I looked in the freezer yesterday and found that I still had 3 boxes that I never ate.

    The demand for these cookies must soar around February when they’re on sale. I’d like to know how much money the sales bring. Back when I was 10, I never thought about much more than the prize I would get if I sold over 100…

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  • Is any publicity good publicity?

    Feb 27 • Thinking Economically • 185 Views

    Hey Fellow Econ Students and Enthusiasts!
    I was walking in my town today (a very suburban one I might add) and I happened to notice the window of Victoria’s Secret. I remember a couple of years ago when the store first came to my town, there was a HUGE backlash against the scantilly clad mannequins. Although this store was very popular on its own, the extra publicity happened to be very beneficial for the profits of the store. The buzz the “traditional values” alliance of my town generated helped usher in a wave of people to shop at Victoria’s Secret. So, do you think the backlash against sexual and salacious advertising campaigns helps, rather than hurts, these businesses? Speak your mind on Raise Your Hand!

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    Change in South Africa?

    Feb 27 • Thinking Economically • 153 Views

    Last night the Oprah special on the Leadership Institute for Girls was on TV. I only saw the last 20 minutes, but I was amazed at the project she put together. These girls were so excited to go to school. It got me thinking about the gap between kids in America and kids in other countries.

    Another point stuck in my mind. Oprah told these girls that if they did well, she would pay for them to go to a top university for four years. The first thing I thought: This is a huge amount of money. When a person has that much money to spend, how should they spend it? Should money be invested in these people to ultimately better their lives and allow them to change a country for the better? I think Oprah has singlehandedly started a change in South Africa.

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    Where are the women?

    Feb 26 • Thinking Economically • 181 Views

    Stocks, investments, Wall Street…these names evoke images of men. Until after our recent class trip to the NYSE and Wall Street, I didn’t realize how true these images are.

    Standing in the stock exchange, I look down onto the floor and literally see two women. Two! As a student in an all-girls school this is very shocking. I have never been anywhere that has so few women. What does it take to get on the floor and why are more men getting there?

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