Posts Tagged ‘GDP’

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    Is It Over?

    Apr 14, 10 • 207 Views • Macroeconomic MeasurementNo Comments

    Imagine a “u” attached to a slightly (or considerably) higher upside down “u” and you are looking at 2 business cycles. A business cycle includes a peak, a contraction, a trough, and an expansion. Most people think that this

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    The Economic Significance of BRIs

    Mar 7, 10 • 146 Views • Thinking EconomicallyNo Comments

    When slicing a bagel, most people use a knife.  Others prefer the bagel guillotine or the Brooklyn Bagel Slicer.  With annual sales near 80,000, the bagel guillotine has been described as “history’s most successful bagel-controlling

  • PIIGS at the Trough

    Feb 9, 10 • 183 Views • Thinking EconomicallyNo Comments

    Debt can be complicated. 1.National borrowing is good. It leads to growth and recovery. In 1792, Alexander Hamilton said that a national debt could be a blessing. In 1936, John Maynard Keynes said that debt was good. Each realized that using someone else

  • Ethical Man

    Jan 25, 10 • 197 Views • Thinking EconomicallyNo Comments

    For the

  • The Best Places to Start a Business

    Jan 1, 10 • 151 Views • Thinking EconomicallyNo Comments

    Timothy Taylor, in his Teaching Company course, “America and the New Global Economy,” says that Mahatma Gandhi wanted farms and businesses to remain small so that there would be no exploitation. After Gandhi, the business climate remained