Tuesday, August 31, 2010
Friday, August 27, 2010
Airline Ticket Prices
The airline pricing system is confounding, but the presence of discount airlines and business travelers heavily influences the prices in some routes. Click on the link to access some clarity to this riddle and also view an accompanying video clip.
Wednesday, August 25, 2010
Soft Drink Oligopoly
Though there appears to be a lot of variety and a multitude of choices in the soft drink industry, the vast majority of products emanate from just three firms. The "pseudo-variety" is in reality a proliferation ploy to gobble up all of the remaining shelf space from smaller rivals.
Sunday, August 22, 2010
Thursday, August 19, 2010
Downsizing Boomers Threaten Economic Recovery
The baby boom generation reflects anyone born between 1946 and 1964. Today there are around 80 million people in that category and the leading edge is in the process of retiring. This group's savings has been ravaged in recent years by the variety of bursting bubbles that has deflated the personal wealth of many. Though it is natural to downsize one's life as age creeps upon us, it is even more likely for today's boomers because of their recent hardships. This couldn't happen at a worse time as the nation attempts to crawl back from the depths of one of its worst recessions. This may make it very difficult for consumers to lead us to recovery.
Sunday, August 15, 2010
Let's Avoid The Next Crisis, Ok?
Three major economists weigh in on what the Fed can do in the future to head off trouble before it multplies.
Thursday, August 12, 2010
Let The Bush Tax Cuts Expire
Though it seems illogical to, in effect, raise taxes during an extreme bout of unemployment, the article suggests just that. The author states that tax cuts are an inefficient form of expansionary policy because people are often inclined to save a portion of what they don't pay to Uncle Sam. Instead, the increased revenues could be used for direct stimulus that would be applied exclusively to the wounds still out there.
Sunday, August 1, 2010
Price Holds The Key
Click on the title and you'll access a passionate plea for more substance in the efforts to wean Americans off of oil. The opinion here is to raise prices through heftier gas taxes based on the assumption that high prices create disincentives and motivates to seek alternatives. At this stage, gas taxes are lower than they've been at anytime over the last 40 years (adjusted for inflation). The implementation would be painful, but price is almost always a market changer.
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