Economics

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It’s Pin Action Economics, Not Trickle Down

Remember a while back when the heads of the auto companies appeared before congress? They had their heads handed to them for taking private jets to Washington. Splashed that all over the front pages and across the airwaves. There's a second leg to this story that isn't getting the same attention. Immediately after this occurred companies began canceling bookings on private flights and stopped making new ones. Orders for new jets ...

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Understanding Information Economics

When you think about economics you think about the production, consumption and distribution of various goods and services. In economics goods and services are bought by individuals within our society for consumption and if there is enough demand for these products the price can increase especially if the amount supplied stays the same. When there is a shortage of goods and services this means that everyone is not able to ...

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