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economics

What Is Youtility?

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In economics, utility is a measure of the relative satisfaction from or desirability of consumption of goods and services. Given this measure, one may speak of increasing or decreasing utility using the World Wide Web, and thereby explain social behavior in terms of attempts to increase one’s Youtility.
Each new function and feature added to our [...]

Inflation Heats Up

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The inflation news released today is not good news. We had a 1.1% increase in the CPI in just the past month, according to a report released today by the US Department of Labor. This is the kind of double digit annual inflation that many of us have been worried about.

The Convergence Of The New Left And The Old Right

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Clark Stooksbury finds it curious that aprogressive would reject the work of a man who shares many of their values just because he shows reverence for tradition:

Sell TShirts for $50

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There is a new Tshirt company called 200 Nipples. They sell short run, original design, numbered tshirts. For each design 100 shirts are available. After those 100 are sold the design is retired.

$80/barrel oil coming?

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Dominick T. Armentano, professor emeritus in economics at the University of Hartford, says that the price of oil will drop to $80 per barrel. But he doesn't say when.

McCain, The Economic Populist

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John Stossel has written an excellent column that ends with the statement “It would be nice if McCain would finally learn some economics.”
Stossel points out several statements John McCain has made against oil companies who, gasp, make profits, and also speculators, the new “bad guy” on the block.
John McCain served his country in Vietnam, and [...]

Solving everything except the problem

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Barack Obama, further illustrating his economic incompentance, is advocating more government intrusion into the oil industry. It has been proven that the best way to solve the energy crsis is not more government, but less.

DNC Releases New Website: McCain’s Economic Advisors

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The Democratic National Committee today launched a new website that highlights the dismal records and misleading rhetoric of John McCain’s top three economic advisors.

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