Posts Tagged ‘Greece’

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    Now or Later?

    May 4, 12 • 479 Views • No Comments

    Reading about why people have a tough time delaying gratification, I started to think about countries. First people… A part of your brain–the insula–becomes more active when faced with an unpleasant task like dieting or seeing your team......  [read more]

  • 16698_6.16_000006078784XSmall

    Opposing Austerity

    Apr 12, 12 • 541 Views • No Comments

    Thinking about our fiscal woes, I keep returning to the fallacy of composition. Here it is: When one farmer harvests a huge crop and sells it, her profits soar. But if every farmer grows more and sells more, then the price drops. Similarly, if one person......  [read more]

  • red tape...bureaucracy..16181_12.29_000011761845XSmall-3

    Greek Red Tape

    Mar 23, 12 • 488 Views • No Comments

    Our story begins with 3 Greek entrepreneurs who want to create an e-commerce business selling olive products. It ends as begins to flourish with orders from the U.S., Australia, Japan, Mongolia and beyond. The middle of the story, though, is......  [read more]

  • 16478_8.6_000011537286XSmall

    Who Is Unemployed?

    Mar 2, 12 • 468 Views • Comments Off on Who Is Unemployed?

    Does an unemployment rate of 8.3% mean we have 8.3% unemployment? Not necessarily. Using what Abbott and Costello might have said, a Huffington Post journalist explains why. Costello: I want to talk about the unemployment rate in America. Abbott: Good......  [read more]

  • rule book 2.18.12_000016252940XSmall

    Doing Business in Greece

    Feb 18, 12 • 418 Views • No Comments

    Sometimes getting 100 is not the best grade. In the World Bank’s Ease of Doing Business Index, 183 nations are ranked in terms of the friendliness of their regulatory environment. Greece is #100. One feta cheese maker complained to The Economist last......  [read more]