Posts Tagged ‘economic growth’

  • 16388_5.24_000011761440XSmall

    Animal Spirits and Gas Prices

    May 24, 11 • 347 Views • No Comments

    Is a 9-cent drop enough to ignite our “animal spirits?” The 9-cent decrease refers to the average national price of a gallon of regular gasoline. And “animal spirits” is the optimism that leads to more buying and investing. During the...  [read more]

  • 16368_5.13_000008938659XSmall

    Your Elevator Pitch

    May 13, 11 • 332 Views • No Comments

    What if you had just 1 minute to sell your business idea? According to Marketplace.org, your “elevator pitch” would need, 1) to state the problem you are solving; 2) to explain why your solution will have marketplace success; 3) to present a...  [read more]

  • 16336_4.2_000010186118XSmall

    Health and GDP

    Apr 28, 11 • 323 Views • No Comments

    We are taller, healthier, heavier, and living longer. In 1790, a typical Frenchman weighed 110 pounds. Now, the scale says 170. That 60-pound difference relates to a lot more than food. According to a new book from Nobel prize winning economist Robert Fogel...  [read more]

  • 16320_4.20_000002550398XSmall

    Aspirational Pecans

    Apr 20, 11 • 375 Views • No Comments

    Our story starts with the walnut. Loved in China, and always cheaper than pecans, during 2007, suddenly, the walnut became relatively expensive. Following the law of demand, Chinese consumers bought fewer walnuts and more pecans. And that was when they...  [read more]

  • 16256_3.19_000002678850XSmall

    Disaster Economics

    Mar 19, 11 • 295 Views • No Comments

    Assume an economy has been steadily growing. Then a natural disaster strikes, maybe a hurricane, an earthquake, or a tsunami. How is growth affected? While conclusions differ slightly, the consensus indicates that after 5 years and sometimes much sooner,...  [read more]