Posts Tagged ‘GDP’

  • Invention, Profit and Economic Growth

    The Real Mother of Invention

    Oct 21, 12 • 1134 Views • No Comments

    Saying that profit, not necessity is the mother of invention, economic historian John Steele Gordon starts his column in this week’s Barrons. His focus was the 18th century clipper ships that earned people like John Jacob Astor $50,000 for a single......  [read more]

  • Human capital helps GDP Grow

    The Supreme Court, Starbucks and Human Capital

    Oct 12, 12 • 506 Views • No Comments

    Saying affirmative action was the reason she was rejected from the University of Texas, Abigail Fisher sued. The University responded that it was okay for race to be a part of their admissions process. And Starbucks, Wal-Mart and 55 other prominent US......  [read more]

  • Everyday economics and U.S. GDP

    Job Creators or Robber Barons?

    Oct 3, 12 • 796 Views • 2 Comments

    I have confessed before that I admire the entrepreneurs who have been called the robber barons. Carnegie and steel, Rockefeller and oil, J.J. Hill and railroads, Morgan and money. These men and others from their 19th century world competed lethally. On the......  [read more]

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Assessing the US Economy

    Sep 24, 12 • 663 Views • No Comments

    Is the US economy less sick? Comparing January 2009 when Obama became president and now, let’s see how its “symptoms” have changed. Approximately the Same: Jobs: During January, 2009, the employment number, 133 million, was very similar to......  [read more]

  • GDP...16843_5.2_9209625-gdp

    iPhone 5 Economics

    Sep 13, 12 • 4209 Views • No Comments

    Explaining the probable impact of the new Apple iPhone, one UPS employee recalled the impact of the last new iPad launch.  At its internal hubs, UPS created more work hours for part timers and enjoyed more revenue because of the volume spike that lasted for......  [read more]