Posts Tagged ‘economic growth’

  • GDP...16843_5.2_9209625-gdp

    Do You Like the GDP?

    Nov 28, 12 • 496 Views • No Comments

    Having just come across the “Better Life Index,” I started thinking about Ed Koch, a former mayor of NYC who often asked everyone, “How am I doing?” Here are some thoughts about how to measure how well we are doing. The GDP:......  [read more]

  • Small Dogs Like Pomeranians are Typical in Brazil

    Pooches and Prosperity

    Nov 16, 12 • 649 Views • 1 Comment

    Chloe and Gus, my daughter’s miniature Pomeranians, consume organic dog food and use wee-wee pads, they visit the vet, the groomer, and enjoy their treats and toys. Because of Chloe and Gus, my cats, and the dogs in 1 out of every 4 households in the US, we......  [read more]

  • The Congress and the Fiscal Cliff

    Fiscal Cliff Notes

    Nov 11, 12 • 457 Views • No Comments

    There might be 2 ways to look at the fiscal cliff. Specifically, we can focus on tax increases and spending cuts: Tax Increases Bush era tax cuts: expire 2010-2011 2% payroll tax cut: expire Affordable Care Act taxes: kick in   Spending Cuts Emergency......  [read more]

  • Beer and pretzels.

    Beer Economics

    Nov 8, 12 • 1191 Views • No Comments

    In China, 1/2 liter of beer costs 9 minutes of work. To calculate how many minutes of work it takes to buy beer in 150 countries, Swiss bank UBS researchers divided the median wage in that country by the price of 1/2 liter from a retailer. Their results?......  [read more]

  • GDP...16843_5.2_9209625-gdp

    Unemployment and Economic Growth

    Oct 30, 12 • 579 Views • No Comments

    If anyone ever asks you why economic growth is important, I suggest showing them the following graph from the Washington Post. The goal of the graph is to show how our economy’s actual output, its potential output and unemployment are connected. During......  [read more]