Oil vs. Economic Recovery

Katie discusses oil prices and the strengthen/weakening of the economy.

You would think so; however, sometimes low gas prices are linked to a weakening in the economy and should not be seen as a positive indicator of an economic recovery.

Please read her full post here.

Tent City

David discusses a place called Tent City in relation to the government's role as big brother.

Our government has to much influence on our economy and we need to give more power to the corporations by eliminating taxes to give companies a chance to expand.

Please read his full post here.

iTunes = iDemand

Devon discusses the introduction of iTunes into the music industry.

iTunes has made it so easy for us to get the music we want. We don’t have to buy an entire album anymore if all we really want is just a couple songs. The quantity demanded has increased exponentially over the years, because of the increased ability to buy any song you want with just one click.

Please read her full post here.

Nike Shoes For Charity

Victor discusses Nike's Back To The Future Shoe auction for charity.

Nike is a signature brand heightening the paradox of value in their favor. Also having only made 1,500 pairs Nike has added scarcity to the equation; further heightening the value of the shoes.

Please read his full post here.

9/11

David discusses 9/11 and the economy.

Now being an ambitious young man who lives in America I plan on supporting our country's way of life by working towards the pursuit of happiness. In fact I'm willing to pay my taxes on military spending debt...

Please read his full post here.

Hot Dogs & Economics

Victor discusses the different economic systems through an article about a hot dog vendor monopoly.

The mixed side of our economic system crippled her business and its market roots offered no assistance in her closing.

Please read his full post here.

Adam Smith & College Football

David discusses the economy system college football is based upon.

After writing my last post Dirty Money at The U and in this post I realize that college football operates as a market economy that is motivated by Adam Smith's philosophy of worrying about your self.

Please read his full post here.

Laser Help Produce Rain

Alex discusses the use of laser technology to produce rain.

For example if the U.S. was producing at maximum efficiency in agricultural output we could use these lasers to bring more rain to the dryer regions throughout the South West or even in the Mid West.

Please read his full post here.

Irene's Impact!

Katie discusses the impact of Hurricane Irene.

Even in the face of tragedy, there is some benefit. Reconstruction of the damaged areas could provide jobs, especially in construction, for an area that has severe unemployment.

Please read her full post here.