Posts Tagged ‘GDP’

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    Health Care Insight

    Oct 4, 10 • 254 Views • No Comments

    Perhaps it all began when President Lyndon Johnson called Wilbur Mills, chairman of the House Ways and Means Committee. “Wilbur, I’ve just been looking through the polls here, and I’ve only got a few weaknesses, and the worst of them is that...  [read more]

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    Double Dipping

    Aug 28, 10 • 233 Views • No Comments

    For a smile, you might want to watch Merle Hazard’s “Double Dippin'” song. As the Guardian points out, also look for the fun trivia such as a small background picture of mathematician Benoit Mandelbrot. No one was smiling, though in response...  [read more]

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    The World’s Biggest Economies

    Aug 20, 10 • 187 Views • No Comments

    The Chinese leader Deng Xiaoping said, “It doesn’t matter what color a cat is as long as it catches mice.” Explained in the Teaching Company’s “Why Economies Rise or Fall,” Deng cared about results more than economic...  [read more]

  • The Washing Machine Empowered Women.

    The GDP and Happiness

    Jun 9, 10 • 186 Views • No Comments

    Yesterday’s post about the impact of individual wealth on happiness started me wondering about flush toilets, washing machines, and cars. As our nation became wealthier and produced more goods and services, how did that affect our happiness? To get some...  [read more]

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    A Closer Look At Consumer Spending

    May 5, 10 • 308 Views • No Comments

    We always hear reporters saying that, “Consumer spending makes up more than 70% of the economy…” Mike Mandel, former chief economist at Newsweek, believes the reporters are misleading us. Yes, the consumer component of GDP is 70% of all...  [read more]