Social Security Bullshit: A Socratic Discussion with a Texas Cowboy at McDonald's

Using non-technical language and a dialogue format, this short ebook explains the problems with privatization and misleading privatization arguments. Logical fallacies and economic concepts are presented in a Socratic discussion.

Economics: The Dismal Science

A potted history of Economics. Sketching the input of great economists from Adam Smith to Marx It is debatable whether economics should actually be defined as being a science. A science like math or physics usually gets its satisfaction from proving something to be irrevocably true. Solve a complex equation and QED that's the answer, there's no argument. Economics on the other hand will rarely give us a simple answer. Ask 5 economists a question and you'll get 6 different answers.

Golden Banana: Cambodia's Fruit Ensign

Cambodian natural ensign

Cambodia's Image from the New Eyes

New image of Cambodia amongst other world's images

Americans Deserve to Make Enough to Live Well if They Work Hard

Why is it that people work so hard and often cannot pay all their bills? Why is it that it is becoming more and more difficult for families to make ends meet?

Eroding U.S. Industrial Base Comes With Price

With a demand by China for foreign direct investment as its incentive to buy U.S. products, companies like Boeing are acquiescing by not only building major portions of airplanes in China, but also creating Research and Development opportunities for Chinese engineers.

Need to have Alternative Fuels

Need to have Alternative Fuels. The world is growing a greater pace than ever before. The demand for the fuel is growing day by day.

The Family Silver is Sold Again

Westinghouse, the nuclear-engineering company owned by the British Government has just been sold to Japanese company Toshiba for a price close to 2.8 billion pounds – almost twice the original estimate. One may question the wisdom of the government' decision to sell given the current energy review which is likely to support the building of new nuclear plant as a means to stem the growing dependency on foreign gas.

Economics and the Hershey Bar

Have you ever wondered why the price of a No. 2 wooden pencil has not risen as much in price, since 1955, as the delicious Hershey bar? There is a reason this, and it is a galling experience to discover and understand the economic process that has caused rabid inflation to occur and proliferate in the American nation.

What Happens When The Pumps Slow Down?

What happens when pumps slow down? What happens when the party is over? When the cheap oil ends? What will you do when the products and services which depended on cheap oil are expensive?

Ineffectiveness of Development Aid for Developing Countries

In this article it is argued that development aid for development countries is not effective because it is only serving the most powerful countries and it is based on subjective factors rather than an universal theory which does not exist yet

The Consumer Price Index (CPI): Only the Tip of the Iceberg

Who doesn’t want to believe that inflation is somewhere below 3 or 4%? But then again, who wouldn’t like to believe that money really does grow on trees? Kidding aside, unlike the money on trees story, Americans continue to be led down the primrose path regarding inflation. What I’m saying is that the supposed low rate of inflation today is a full-blown urban myth.

Trucking Industry Trends in 2006

No one can deny that 2005 was a rocky year for the Trucking Industry and it seems to be fairly easy to say that 2006 will be another year of both challenge and change. But there are some positive aspects in all of this too.