DDSsx.jpg (JPEG Image, 457x640 pixels) Should schools teach students about credit and how it works? : AskReddit. USDA Scientist: Monsanto's Roundup Herbicide Damages Soil. August hasn't been a happy month the for the Monsanto public-relations team. No, I'm not referring to my posts on how Gaza and Mexico don't need the company's high-tech seeds—the ones it will supposedly be "feeding the world" with in the not-so-distant future.
Monsanto's real PR headache involves one of its flagship products very much in the here and now: the herbicide Roundup (chemical name: glyphosate), upon which Monsanto has built a highly profitable empire of "Roundup Ready" genetically modified seeds. The problem goes beyond the "superweed" phenomenon that I've written about recently: the fact that farmers are using so much Roundup, on so much acreage, that weeds are developing resistance to it, forcing farmers to resort to highly toxic "pesticide cocktails. " What Roundup is doing aboveground may be a stroll through the meadow compared to its effect below. Kremer commented on his employer's reception of his work in a Reuters article last year: "This could be something quite big. Belief in Evolution vs. National Wealth. The best books on Economics and on Children via reddit.com. Here's the actual S&P report folks. Read it. The narrative is simple. GOP Brinkmanship and refusal to raise taxes are named explicitly. via reddit.com.
ECB eyes decision on Italy bond purchase to ease debt crisis. FRANKFURT/PARIS (Reuters) - The European Central Bank faced a decision on Sunday whether to buy Italian bonds to try to prevent the euro zone debt crisis from widening, while global policymakers conferred on the twin financial crises in Europe and the United States. After a week that saw $2.5 trillion wiped off world stock markets, political leaders are under searing pressure to reassure investors that Western governments have both the will and ability to reduce their huge and growing public debt loads. ECB President Jean-Claude Trichet wants the policy-setting Governing Council to take a final decision on buying Italian paper after Prime Minister Silvio Berlusconi announced new measures on Friday to speed up deficit reduction and hasten economic reforms, one ECB source said.
That would likely prompt a sizable relief rally on global markets. If it does not act, the reverse would be true. The U.S. "There's no alternative that provides such stability and liquidity," added Choi. China blasts U.S. over debt problems, calls for dollar oversight. WikiLeaks Haiti: Let Them Live on $3 a Day. The US Embassy aided Levi’s, Hanes contractors in their fight against an increase in Haiti’s minimum wage.
Contractors for Fruit of the Loom, Hanes and Levi’s worked in close concert with the US Embassy when they aggressively moved to block a minimum wage increase for Haitian assembly zone workers, the lowest-paid in the hemisphere, according to secret State Department cables. We Recommend Leaked documents provide an extraordinary glimpse of US maneuvering in Haiti from before the 2004 coup through the devastating 2010 earthquake. About the Author Kim Ives Kim Ives is an editor with Haïti Liberté. Dan Coughlin Dan Coughlin covered Haiti for Inter Press Service from the UN and Port-au-Prince between 1992 and 1996. Also by the Author Secret US Embassy cables depict a far-reaching campaign to prevent Haiti's democratically elected leader from returning to the country after the 2004 coup.
As the renewal date for the UN mission in Haiti nears, WikiLeaks cables reveal a litany of MINUSTAH’s failures. Visualizing the debt. via reddit.com. Easy link for explaining business cycles via reddit.com. TIL Americans pay the second lowest taxes in the developed world. via reddit.com. Martinsville, Indiana (IN 46151) profile: population, maps, real estate, averages, homes, statistics, relocation, travel, jobs, hospitals, schools, crime, moving, houses, news, sex offenders. Average climate in Martinsville, Indiana Based on data reported by over 4,000 weather stations Back to the top Tornado activity: Martinsville-area historical tornado activity is above Indiana state average. On 11/22/1992, a category F3 (max. wind speeds 158-206 mph) tornado 5.4 miles away from the Martinsville city center caused between $500,000 and $5,000,000 in damages.
On 5/14/1972, a category F4 (max. wind speeds 207-260 mph) tornado 30.2 miles away from the city center injured 20 people and caused between $50,000 and $500,000 in damages. Earthquake activity: Martinsville-area historical earthquake activity is near Indiana state average. Natural disasters: The number of natural disasters in Morgan County (12) is near the US average (12).Major Disasters (Presidential) Declared: 9Emergencies Declared: 3 Causes of natural disasters: Floods: 7, Storms: 7, Tornadoes: 4, Winter Storms: 2, Blizzard: 1, Hurricane: 1, Snow: 1 (Note: Some incidents may be assigned to more than one category).
How Life Works. Ron Paul vs Bernanke: Is Gold Money? - July 13, 2011 10 Lesser Known Economic Issues. Politics While not an economist in the traditional sense, I am very interested in the study of economics. While not everyone shares this level of interest, I believe people should have an understanding of economics as the field is so important to understanding the world that we live in. Though this list contains ideas that are controversial, it is not intended to promote anger or controversy. Rather, these entries were chosen to shed some light on lesser known, yet important economic issues facing our world, and give readers something to ponder.
Please give your opinions on these issues in the comments. Also known as the Diamond-Water Paradox, the paradox of value is the contradiction that while water is more useful, in terms of survival, than diamonds, diamonds get a higher market price. This paradox can possibly be explained by the Subjective Theory of Value, which says that worth is based on the wants and needs of a society, as opposed to value being inherent to an object.
Too Big To Fail, in one (huge) infographic via reddit.com. PC.pdf (application/pdf Object) Microeconomics/Perfect Competition. Goals: To explain how firms decide how much to produceTo explain how prices are determined In order to achieve these goals, let's start with some definitions. Profit[edit] Assume the goal of the firm is to maximize profit -- to make as much money as possible There are 2 types of profit Accounting profit = Revenue - Explicit costs explicit costs are actual payments for inputswages you pay employees, cost of machines, other physical inputsfirms report accounting profitsEconomic profit = Revenue - Explicit costs - Implicit costs implicit costs are the opportunity costs of non-purchased inputsextra money you could have earned doing something elsewhat the owner of a business could earning working for another companyreturn you could have earned investing money in the stock market, instead of buying machines for your startup Firm makes USD 100,000 in revenue.
Accounting profit = USD 100,000 - 50,000 = 50,000 Economic profit = USD 100,000 - 50,000 - 40,000 = 10,000 Accounting profit >= Economic profit. Microeconomics - Perfect Competition. Author: Geoff Riley Last updated: Sunday 23 September, 2012 Perfect competition – a pure market Perfect competition describes a market structure whose assumptions are strong and therefore unlikely to exist in most real-world markets. Economists have become more interested in pure competition partly because of the growth of e-commerce as a means of buying and selling goods and services. And also because of the popularity of auctions as a device for allocating scarce resources among competing ends. Assumptions for a perfectly competitive market Many sellers each of whom produce a low percentage of market output and cannot influence the prevailing market price.
Evaluation – Understanding the real world of imperfect competition! It is often said that perfect competition is a market structure that belongs to out-dated textbooks and is not worthy of study! Currency markets - taking us closer to perfect competition The main players in the currency markets are as follows: Mr Keynes and the moderns. It’s a great honour to be asked to give this talk, especially because I’m arguably not qualified to do so.[1] I am, after all, not a Keynes scholar, nor any kind of serious intellectual historian. Nor have I spent most of my career doing macroeconomics.
Until the late 1990s my contributions to that field were limited to international issues; although I kept up with macro research, I avoided getting into the frontline theoretical and empirical disputes. By contrast I probably do have a better sense than most technically competent economists of the arguments that actually drive political discourse and policy. And this discourse currently involves many of the same issues Keynes grappled with 75 years ago. We are – frustratingly – retracing much of the same ground covered in the 1930s. What I want to do in this lecture is talk first, briefly, about how to read Keynes – or rather about how I like to read him.
What did Keynes really intend to be the key message of the General Theory? How are inflation targets set? How are inflation targets set and why do they differ from country to country? This column suggests that macroeconomic characteristics such as inflation, inflation volatility, GDP growth, and foreign inflation matter for the process of inflation target setting. It also argues that central bank credibility is important but that the role of central bank independence and government political orientation is limited.
In the last 20 years, inflation targeting has become the monetary policy of choice in about 30 industrialised and emerging economies. Inflation targeting is characterised by an explicit numerical target for inflation and the fluctuation band for inflation. Still, very little attention has been given to the process of inflation target setting. Figure 1. Source: Horváth and Mateju (2011). An important question is which authority is responsible for setting the target; is it the central bank itself, the government, or both? Table 1. Source: Horvath and Mateju (2011). What does a Trillion dollars look like? [This] via reddit.com.
Charting Parenthood: A Statistical Portrait of Fathers and Mothers in America: Introduction. Charting Parenthood: A Statistical Portrait of Fathers and Mothers in America [ Main Page of Report | Contents of Report ] Until quite recently, men and fathers were largely missing from statistical portraits of families. Research and data on parenting, fertility, and family formation has focused primarily on women and mothers. In the last several years, however, researchers, policy makers, advocates for fathers, and federal agencies have led the charge for more and better information on the male role in fertility, parenting, and family formation. The result has been several recent ground-breaking efforts, including the production of this report. It provides the public with the first comprehensive portrait of mothers and fathers in America, offering a systematic comparison that will increase our understanding of and appreciation for the contributions of both parents to the raising of our children.
History of the Report Overview of the Report Looking to the Future Who is a parent? Figure 1. Freedom Ship - the City at Sea. 07intop400.pdf (application/pdf Object) A useful reading list on Marxist views of imperialism via reddit.com. Death and Taxes 2011. It's the government, in six square feet. World debt comparison: The global debt clock. Map of the Market -