Posts Tagged ‘Adam Smith’

  • Human capital helps GDP Grow

    GDP Solutions

    Aug 2, 11 • 296 Views • No Comments

    It is all about GDP.  In this article, the WSJ does a good job of explaining how each GDP component might solve our problems…or make them worse. Consumer Spending: The largest part of GDP, consumer spending has propelled recovery in the past. With...  [read more]

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    Chinese Basketball and Adam Smith

    Jul 21, 11 • 301 Views • No Comments

    It is called the “womb to tomb model.” Selected as young children because of their exceptional height, future Chinese basketball players are educated separately. Whereas traditional Chinese schools have few, if any, extracurricular activities,...  [read more]

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    Green Signals

    Jul 8, 11 • 327 Views • No Comments

    When “green” is valued, hybrid car sales will be high. But here is the interesting part. When green is valued, looking “green” sometimes can be more important than being “green.” As a result, people buy more Priuses than...  [read more]

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    Smog-Eaters

    Mar 2, 11 • 401 Views • No Comments

    What if someone had invented “smog-eating” concrete roof tiles? And, what if these tiles consumed enough smog to offset one car’s nitrous oxide emissions during one year (10,800 miles of driving)? Telling us that a firm in California has...  [read more]

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    Do You Approve of Profits?

    Dec 18, 10 • 262 Views • No Comments

    Two Questions: 1.How do you feel about profit? In their paper, “Is Profit Evil? Associations of Profit With Social Harm,” 3 University of Pennsylvania researchers discuss two studies that display people’s negative response to profit seeking...  [read more]