Posts Tagged ‘recession’

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    How Are We Spending Our Money?

    Aug 11, 10 • 90 Views • Businesses, Demand, Supply, and Markets, Economic Thinkers, Households, Macroeconomic MeasurementNo Comments

    Has the recession changed how we spend? Here are the numbers that give some answers according to a summary from Michael Mandel, former BusinessWeek chief economist.: Since the 4th quarter of 2007, we have spent more on: 1) telephone equipment/up by 16.6% 2)...

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    Start-up stories

    Aug 10, 10 • 119 Views • Businesses, Economic History, Innovation, LaborNo Comments

    During 1939, in a garage, Bill Hewlett and Dave Packard started a new firm. Also in a garage, several decades later Steve Wozniak and Steve Jobs started Apple. Yes, Walt Disney worked in his uncle’s garage and Mattel, the toy company that makes Barbie...

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    Unexpected Economic Indicators

    May 30, 10 • 131 Views • Demand, Supply, and Markets, Macroeconomic MeasurementNo Comments

    Instead of the G.D.P., CPI, and assorted leading and lagging indicators, economists also look at an entirely different set of data. Sometimes hemlines, movie star preferences, and everyday purchases provide business cycle evidence. During a plunge in economic...

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    Is It Over?

    Apr 14, 10 • 113 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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    Random Recession Notes

    Mar 23, 10 • 106 Views • Businesses, Demand, Supply, and Markets, Macroeconomic MeasurementNo Comments

    The impact of a recession might not be entirely what we expect. A recent study from the University of Ottawa suggests that we sleep more during a recession. Canadians slept two hours and 34 minutes more per week. Hypothesizing that it makes people happier, a...