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.

Is a Current Account Deficit Harmful?

Recently the US the current account has reached an unprecedented level, reaching nearly 6% of GDP. Despite the record levels of deficit many in the US administration have argued that there is nothing to worry about, confident the US will continue to receive capital inflows to finance the deficit.

Basics of Welfare Economics

Human beings are the building blocks of society. The societies agglomerate to make states. And then the nations are formed. The economy of a nation is the indicator of its prosperity

Why Do Americans Keep Spending Despite The Enormous Account Deficit?

Despite a widening account deficit, the US seems to steam ahead of its other western counterparts. Why is it that Americans are spending more than ever, even in times of an unpredictable future? Who, or what is responsible for this phenomenon?

Oil - Beyond Upstream and Downstream

The state of the union signals the end of a trend. Follow the developments in the energy markets...

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.

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.

Bird Flu and its Possible Impact in Indian Economy

Bird flu has struck India at a small scale right now. It is yet to become a major cause of concern for the country. However, there are signs that the Indian government and the people are taking this threat more and more seriously. Already, there has been a huge initiative to cull out thousands of chickens in order to prevent the flu from spreading all over the country.

Cambodia's Image from the New Eyes

New image of Cambodia amongst other world's images

New York Green Building Initiative

As is occurring in many states, New York is trying to promote Green Building practices. The state is doing it by offering tax credits as financial incentives.

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.

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.

Do Not Lease Space to Dubai World; Sell Phone Companies to France and Ports to China

Well isn’t it interesting all the sound and fury over the Dubai Deal and now we find out there are 24-million illegal aliens in out country and the Senate wants to now make them citizens, And we find we have sold an entire port to Red China.

Tomorrow Belongs to Asia's Entrepreneurs

In Asia attention to detail and outstanding service simply runs in the blood - and Singapore is simply the world leader. Singapore has a multicultural population of 4.5 million, no natural resources and no history of empire but it has a GNP per head almost identical to that of the European Union and growing. This then is the background out of which Asia's entrepreneurs are growing - and growing fast. A background quite simply of living in customers’ shoes and striving to delight them each and every time you impact with them.