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10 Lesser Known Economic Issues

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.

http://listverse.com/2011/07/04/10-lesser-known-economic-issues/

Bitcoin implodes, falls more than 90 percent from June peak Bitcoin, the world's first peer-to-peer digital currency, fell below $3 on Monday. That represents a 90 percent fall since the currency hit its peak in early June. Supporters argue that Bitcoin has fundamental advantages over conventional currencies. The system is designed to transfer funds without a central authority, freeing Bitcoin users from bank fees and government regulations. The Bitcoin protocol offers robust anonymity, and the protocol guarantees that there will never be more than 21 million Bitcoins in existence, which supporters have argued would give the currency a stable value. Unfortunately, the currency's value hasn't proven stable in practice.

Learn 40 Languages for Free: Spanish, English, Chinese & More How to learn languages for free? This collection features lessons in 48 languages, including Spanish, French, English, Mandarin, Italian, Russian and more. Download audio lessons to your computer or mp3 player and you’re good to go. Amharic Leadership Lessons from Dwight D. Eisenhower #1: How to Build and Sustain Morale Dwight D. Eisenhower had unarguably one of the longest and most taxing leadership roles in American history. For two decades, the lives of thousands, sometimes millions, of people and the fate of great nations hung on his decisions. As Supreme Allied Commander during World War II, Eisenhower oversaw the greatest amphibious assault in history, organizing the largest air and sea armadas ever assembled and commanding 160,000 men in the momentous Operation Overlord. After the success of that mission helped bring the war to a close, Eisenhower dreamed of going home to a happy and peaceful retirement.

Finally, A Rich American Destroys The Fiction That Rich People Create The Jobs 60 Minutes America's real job-creators...who can't afford to create any jobs. In the war of rhetoric that has developed in Washington as both sides blame each other for our economic mess, one argument has been repeated so often that many people now regard it as fact: Rich people create the jobs. Specifically, entrepreneurs and investors, when incented by low taxes, build companies and create millions of jobs.

Death By Scrabble by Charlie Fish Page 2 of 4 She plays SWEATIER, using all her letters. 24 points plus a 50 point bonus. If it wasn't too hot to move I would strangle her right now. I am getting sweatier. It needs to rain, to clear the air. Occupy Design: Visual Tools for the 99 Percent - Design Launch Slideshow Last weekend, San Francisco, New York, and Washington, D.C. hosted spontaneous "Hackathons" to brainstorm how to use various platforms to help Occupy Wall Street. One of the ideas hatched was Occupy Design, a new website that gives a "visual language" to protesters across the country. Jake Levitas, a designer from San Francisco who's heading up the project, says it's a chance to fight back at media who characterize the movement as directionless. "These are people who have valid concerns grounded in reality and grounded in data that can be communicated visually," Levitas says.

Amazing Video Shows All Roads, Air, and Shipping Routes on Earth Like Never Before! We're Crawling All Over This Thing 'Welcome to the Anthropocene' is a short film produced for the Planet Under Pressure conference (see below), and at the heart of it is a beautiful animation produced by Globaïa. It shows just how much humans are changing the Earth, and how our roads and shipping lanes basically cover the whole thing. We've all seen that composite picture of the planet at night showing all the lights from our cities, but this goes one step further and is, in my opinion, much more impressive. Above is the animation on its own (watch it in HD and full screen!), and below is the final product, with narration and some overlaid graphs (they distract a bit from the beauty of the animation, but they add a big educational factor -- I couldn't decide which was better, so I'm including both):

So My Friend Got These Coupons From His Girlfriend.. I'm So Jealous.. So My Friend Got These Coupons From His Girlfriend.. I’m So Jealous.. Share4.2K Tweet124 You might like: Spot The Difference The Perfect Girlfriend Of the 1%, by the 1%, for the 1% It’s no use pretending that what has obviously happened has not in fact happened. The upper 1 percent of Americans are now taking in nearly a quarter of the nation’s income every year. In terms of wealth rather than income, the top 1 percent control 40 percent. Their lot in life has improved considerably. Twenty-five years ago, the corresponding figures were 12 percent and 33 percent. One response might be to celebrate the ingenuity and drive that brought good fortune to these people, and to contend that a rising tide lifts all boats.

but the most important for economic field is definitely The Samaritans Dilemma. Here appears something common with the situation of Greece as the member of EU. by beshmaster Dec 1

actually the cobra effect rocks as well - i mean it is really so, mostly in astronomy - the more we answer questions the more questions, more serious and darder ones, appear. by beshmaster Dec 1

#3 is pretty interesting. I'll definitely look for something about George Akerlof and his findings. by beshmaster Dec 1

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