10
OCT
2014

Measuring Success

How we measure economic success has always been a point of contention. Real GDP per capita, Real GNP per capita, our country’s growth rate, etc. All of these measurements have issues as they do not factor in such things as disparity, sustainability and other important issues we
Continue Reading →
14
AUG
2014

Have You Been Branded?

One way in which corporations create demand for their products is by manipulating you into wanting their products! They do this by building an image for their product.  This is called branding . Based on what they see their customer base being, they create logos, slogans, advertising
Continue Reading →
04
DEC
2013

Bo-Tax and the Tanning Tax: Econ that matters for the Jersey Shore.

Price Elasticity of Demand is a very important concept for businesses and governments to understand.  If this concept is not understood properly government policies could do a lot of harm to an economy. Read the article about the impact an indirect tax had on the market for Botox in t
Continue Reading →
10
NOV
2013

Europe: Where will the Euro Take it?

As many of you already know, most of Europe is under one currency.  The Euro is the currency that the nations in the Eurozone use in their economies.  It is guided by the monetary policy decisions of European Central Bank (ECB), meaning that the nations in the Eurozone (ex. Italy, Ger
Continue Reading →
05
NOV
2013

Currencies Gone Wild

Currencies around the world tend to fluctuate at times based on what is happening around the world. Luckily for you, the Ganjero has been sitting steady at 50G to 4000 Jacks. This confidence however, is not shared with all other currencies around the world.   Most notably confidence l
Continue Reading →
22
OCT
2013

China: Protecting What? Protectioning Who?

China has decided to put up barriers to foreign produced television programs.  Protectionism you ask? You be the judge.  Read the article on what China is planning for their television industry.  Comment on the following questions below: 1-  Do you consider this Chinese protectionism?
Continue Reading →
15
OCT
2013

Why Richard, Why?

Sir Richard Branson, the man who started up the Virgin Group Conglomerate of Virgin Airlines, Virgin Records, Virgin Galactic along with many other businesses just changed zip codes.  He is no longer a resident of the United Kingdom!  What was it that drove Richard Branson out of the
Continue Reading →
02
OCT
2013

Yo You Messin’ Wit My Solar Panels?

  The European Union (EU) recently accused China of harming the EU Solar Panel Industry by dumping.  The EU is responding by using anti-dumping tariffs to deal with the situation and to stop any further harmful effects on their industry.  Could this all lead to trade war? Watch t
Continue Reading →
01
OCT
2013

The Burger Wars of 2013: Will Consumers be Satisfried?

Burger King has introduced a new product onto the market.  Satisfries!!! A relatively “healthier” French Fry Product that is less in fat, lower in calories and supposedly just as delicious.  Read the article here. The Sastisfried Crinkle Cut French Fry  has less fat and lo
Continue Reading →
30
SEP
2013

Making Deals!! International Trade and the Free Trade Movement.

Since after World War II the General Agreement on Tariffs and Trade (GATT), what was later to become the World Trade Organization (WTO), has influenced many governments around the world to put their economies in what they would say is the “best” position possible.  What is
Continue Reading →