How Can South Africa End the Robberies and Hijackings that Ravage the Country?

New York City, the world’s financial center, prior to Rudy Giuliani becoming the mayor, was the center place where one would be scared of walking at night simply for a short stroll or going through the subway system. The city was the hub and cesspool of all kinds of robberies and personal attacks.
However, when Rudy [...]

Read Full Post »

Work and Play in Developing Countries vs. Developed Countries

In most developing countries, where the Gross Domestic Product (GDP) per capita is about $1,600, such as Kenya, the majority of the people still live of off their land in rural areas, where they generally have to work long hours almost every day without the comfort of resting. And only a few work in urban areas, [...]

Read Full Post »

Dear President Obama, It’s Time to Stop Talking

It’s been over ten months since you were inaugurated to the office of the Presidency of the United States. In general, if you were a baby, you would be about 10 months now, still crawling, still trying to figure out who’s who, and what’s what. However, your responsibility as President does not require on-site job [...]

Read Full Post »

Ten Great Economists

Adam Smith, Scotland (1723-1791)
David Ricardo, England (1772-1823
Thomas Malthus, England (1766-1834)
John Stuart Mill, England (1806-1873)
Karl Marx, Germany (1818-1883)
Leon Walras, France (1834-1910)
Alfred Marshall, England (1842-1924)
Thorstein Veblen, USA (1857-1929)
John Maynard Keynes, England (1883-1946)
Irving Fisher, USA (1867-1947)
More at Federal Reserve Bank of San Francisco

Read Full Post »

Economic 101 for the Health Care Reform With a Public Option

Having a Government’s Healthcare with a Public Option as proposed by President Obama will likely cause to bring down and lower your monthly health insurance premium to as little as $25 a month for a full healthcare coverage including dental.
This is how it will work. As it has been reported (see CNN.com) that the premium [...]

Read Full Post »

Consumer confidence soars, or may be NOT?

“Sentiment reading increased to 54.1 in August, well above economists’ expectations.” reports CNNMoney.com.
That percentage number was based on a research survey mailed to 5,000 households?
That may sound rather peculiar and possibly stupidly unreliable. That’s, how did they determine which household to mail the survey to, okay, I’m sure they did it randomly, but how did they determine which [...]

Read Full Post »

Making the Best Out of the Worst, Especially Right Now

Someone once told me that the start is always the easiest but is the end that counts the most. So, whatever it is that you are doing, people will always appreciate how you start, but will always remember how you finish.
Well, for me, it’s been a long journey trying to find my pitch, my niche, [...]

Read Full Post »

Who Should We Blame for All the Impact of the Current World-wide Recession?

Today, in the U.S., whether you are a blue or white collar worker and if you still have a job, any kind of job, and have not been laid off or threatened to be laid off, then you are either just lucky, your laid off time hasn’t ticked in yet, your employer’s industry has not [...]

Read Full Post »

NAFTA, the Good, the Best, and the Ugly for the Americas

NAFTA, the North American Free Trade Agreement, has been getting a lot of not so favorable, and sometimes, controversial headlines in recent years. Some critics blame it for the current labor shortages in the United States, due to the fact that most U.S. companies have been and continue to outsource and ship jobs overseas. While [...]

Read Full Post »

The Biggest Events of 2008 the World Community Has Ignored

1. The Darfur Crisis – thousands of civilians, women and children, are suffering and most are dying each day, from violence, diseases, and hunger, but no one wants to do anything. The UN seems to have stalled, powerless, or simply doesn’t care anymore, or never cared in the first place. Does China still threaten to [...]

Read Full Post »