Economics : Business & Finance
The price of oil has seen a slippery descent over the last six months, with Brent Crude plummeting from a June 2014 peak of $115 a barrel to $48.81 as of January 18. As an intrinsic part of modern day life, changes to 'liquid gold' affects everyone from global to consumer levels.
It is time to start rethinking how to get out of this economic depression. We will have to use our imaginations. We need new products to market. Maybe we will have to combine quantum computing with artificial intelligence.
As an advisor on Economic issues to the Online Think Tank many folks ask me what I think is a good book to read on the subject, or which magazines they might subscribe to for information on World Markets, emerging markets and global finance. There are many recommendations, and I recommend reading ma
Have you ever asked yourself what something was worth? The answer in a free-market economy is very simple; something is worth whatever someone else is willing to pay for it. Not anymore, and not any less. If someone charges too much, then others will decide not to buy it, or seek other sellers. Peop
There are three main heated debates involving energy right now including John McCain's Gasoline Tax Holiday, who is responsible for gasoline prices, and what effect offshore drilling and ANWR (the Arctic National Wildlife Reserve) can have on the United States. I've already covered the McC
The appreciation opportunity will return not long from now and banks are setting their customers up to be able to take advantage of the improvement in the economy five years from now. This article focuses on the advantages purchasing real estate now and how the new loans, being offered by banks, wil
The Federal Government has created a new stimulus package worth almost $900 billion dollars in hopes of getting the country on its feet again. Obama's defense to allowing such a large amount for his plan comes to the fact that the country will be losing a whole lot more if something is not done
Now, instead of salesmen, a company can advertise for affiliates, people who can work from home, set up websites and sell the company's products.This costs the company very little, and the affiliate can set up even without a website. True, it's a lot better if he or she has one, but there
With the current state of the property market in the UK its clear that these are not good times at all if you are looking to buy or sell your home. House prices falling meaning if you are selling your house you aren't getting as good a return on your investment than say 12 months ago. In the wo
Japan is the nation of high determination and strength. It is the only nation which is the victim of nuclear attack and even after such a big blow the people of Japan have united and with their strong mind have come out of that disaster like a very small accident. Thus the people of Japan are suppos
The effects of high crude oil prices are insidiously working their way through the world economy. Because oil is at the core of almost everything we do; any dramatic price shifts are almost immediately reflected in major product segments. From airline ticket prices, to tires, from the price of a gra
With the Globalization and Intellectualization of the Market the "Trickle down" Economics of Capitalism cannot provide functional system for long term economic development; by shady business practices promoting mostly big businesses, by ideologically motivated system for wealth distributio
Gasoline continues its relentless march to $1 per gallon and still Congress ducks the issue in hope the President, by himself, will make the unpopular decisions necessary to solve the energy crisis.
When the state bail out an Industry, then that Industry has to Survive. Could protectionism be the only means of survival for our new State-owned Enterprises?
Everything in our world today revolves around commerce and economic value.Have you ever noticed that serial numbers are on EVERYTHING!: Dollar bills, your bank account, your car (VIN), traffic tickets.Even YOU have been serialized by your birth certificate, driver's license, SSN card etc.Practi
The Indian government has approved proposals for 180 special economic zones (SEZs) with an idea that it would invite foreign direct investment, provide jobs, and promote the development of secondary industries to service firms. If SEZs were so beneficial then why this huge protest in many parts of t
Investor sentiment about economy and the market is eerily reminiscent of those evil days of 2008. Even Johnny Carson's Carnac the Magnificent would be having trouble reading this economy. No one feels good about what's going on right now, and between the Euro crisis, our stagnant economy w