Posts Tagged ‘economic growth’

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Assessing Outsourcing

    Jul 16, 12 • 941 Views • 4 Comments

    Until November 6, at econlife, Mondays will be about presidential election economics. In 2004, when President Bush’s Council of Economic Advisers chairman, Harvard professor Greg Mankiw, was lambasted for saying, “… I think outsourcing is a......  [read more]

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    Temperature Matters

    Jul 12, 12 • 659 Views • 1 Comment

    Shot on July 2, 1881, President Garfield lay dying in a room with the first air conditioner.  Naval engineers, whose primary expertise was ventilating mining shafts, had been called in to help the ailing leader. The cooling device they assembled was composed......  [read more]

  • It’s All About Henry

    Jul 7, 12 • 501 Views • No Comments

    Are you a DINK, a YUPPIE, or a HENRY? Double Income, No Kids Young  Upwardly Mobile Urban Professionals High Earners, Not Rich Yet.   Our economic recovery might depend on Henry. Earning from $100,000-$250,000, the Henrys are in the top 20% income......  [read more]

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    What If More People Wore Eyeglasses?

    Jun 10, 12 • 524 Views • No Comments

    We could say that eyeglasses are like bookends when they relate to economic growth. Our story starts during the 13th century. Before the spread of eyeglasses, the work life of skilled craftsmen usually ended when they could no longer see close objects......  [read more]

  • Vacuum cleaner.

    Home Economics

    May 29, 12 • 483 Views • No Comments

    What if we think of a household as a production unit that does child care, gardening, cooking and cleaning? And, if the work in the home is “outsourced” when people hire a nanny, a housekeeper, a gardener or do take-out for dinner, then the GDP reflects......  [read more]