Posts Tagged ‘economic growth’

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    Productivity Matters

    Jan 3, 11 • 354 Views • No Comments

    Sometimes new technology increases productivity. “Sushi making robots” at Kura, a restaurant chain in Japan, have replaced chefs while conveyer belts take the food to diners. By using less labor and more capital, in a tough economy, the firm is...  [read more]

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    Education Matters

    Dec 21, 10 • 394 Views • No Comments

    The NY Times tells us that students who graduate from “elite” colleges could be more likely than those at less elite schools to earn more and attend a prestigious graduate school. As a result, although the initial cost may be high, the benefit,...  [read more]

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    When Will China and India Catch Up?

    Dec 17, 10 • 360 Views • No Comments

    In one wonderful 4 minute animated video, Swedish professor Hans Rosling shows us how, during 200 years, 200 countries became healthier and wealthier. The turning point for one group of nations is 1810 with the industrial revolution. The next turning point,...  [read more]

  • Packaging can shape a buying decision.

    A Chinese Coach

    Nov 28, 10 • 309 Views • No Comments

    Coach has 41 handbag stores in China and will soon have 8 more. Coach and China though, are about a lot more than handbags. According to NY Times Magazine columnist David Leonhardt, the Chinese consumer can fuel the world economy with “the urge to...  [read more]

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    Flying Snakes and Economic Growth

    Nov 24, 10 • 437 Views • No Comments

    Sometimes the federal government spends a tax payer’s money in unexpected ways. According to the Washington Post, scientists funded by the Department of Defense are studying snakes that can fly. Slightly venomous, sort of air-slithering, these Southeast...  [read more]