When it comes to economics, it’s hard to find standalone, surefire indicators of what the future holds, Super Bowl Indicator notwithstanding. A new study by North Carolina State University researchers may have pinpointed one. “If a country’s public debt reaches 77 percent of its gross domestic product (GDP), bad things start to happen,” says Dr. [...]
I’m tired of politics; tired of defending a President who is acting like a college student with a new credit card; tired of listening to extremist TEA Party folks who are just out for themselves, or, worse, support people like Sarah Palin. I’m tired of the “moral majority” getting caught cheating on their spouses. I’m [...]
My dad and I have been talking about the economics of running a gas station lately. The whole idea got me wondering about the profitability of gasoline. If you’ve ever wondered where your dollars go after they disappear inside the gas pump in a dizzying whirl of electronic numbers and noxious fumes, here is a [...]
Today, my wife and I traded her 2001 Honda Civic for a 2009 Mazda 6. We payed about $13990, which is way below what Kelly Blue Book says we could get if we traded it in tomorrow, not to mention a whole lot lower than suggested retail for the car. I wish I could claim [...]
