Posts Tagged ‘GDP’

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    Micro-Jobs

    Nov 30, 11 • 272 Views • No Comments

    One online inquiry resulted in a research scientist happily cleaning an overflowing compost bin for $31. Someone else fished keys out of a sewer. Calling it “web-serfing,” the WSJ explains that “micro-labor” sites are matching requests...  [read more]

  • Job Gains in Texas and Losses in Caifornia and Florida

    Home Work

    Sep 3, 11 • 254 Views • No Comments

    More unemployed means more people at home. One study asked, what are the unemployed doing? During every day’s “foregone market work hours,” unemployed people are occupied with home production, leisure, and job search. The day’s time...  [read more]

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    When Are Potato Chips Good For Us?

    Aug 26, 11 • 207 Views • No Comments

    Potato chip manufacture is a technological marvel. During one year, in one typical factory, the chips in 80 million bags of Lay’s Potato Chips started as potatoes that were picked and plunked into railroad cars, funneled out for washing and processing...  [read more]

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    Stock Market Crashes

    Aug 19, 11 • 229 Views • No Comments

    How to define a stock market crash? One economic paper has 2 suggestions: “When you see it you know it.” Look at depth and duration: A 20% drop is a crash while length can vary. Several possibilities: 1 day, 5 days, 1 month, 3 months, 1 year....  [read more]

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    Patent Troll Protection

    Aug 17, 11 • 226 Views • No Comments

    We spray “OFF!” for insect protection, divers use shark repellent, and now, Google has purchased Motorola to resist patent trolls. Described in an NPR This American Life podcast, patent trolls purchase multiple patents with the intent of suing any...  [read more]