July 10, 2013

In the business world, companies aren’t the only ones who are concerned with attracting top tier talent. Governments, too, have a vested interest in either retaining their most skilled individuals or attracting the best from elsewhere. After all, an innovative and educated workforce can only sustain itself by remaining desirable to other capable candidates. For countries like India, this means keeping doctors and engineers local so they can help a homeland in need rather than travel abroad for greater fortunes. Continue reading

Continue reading...

In today’s modern economy, statistics are supreme. GDP, unemployment and interest rates all play dominant roles in the allocation of the government’s budget. No spending bill can hope to pass into law without a battery of statistics and figures charting how such legislation will benefit the country. But just how accurately do those numbers reflect the world we live in?

Take GDP, for instance. The famous figure has only been reliably collected in the U.S. since the 1930s and didn’t Continue reading

Continue reading...

millenMillenials are unlike any other generation that has come before. With 80 million born between 1980 and 2000, Millenials represent the largest age group in American history. They are also perhaps the most self-centered generation the world has ever seen. Fifty-eight percent more college students scored higher on a narcissism test in 2009 than in 1982. Forty percent of Millenials believe they should be promoted at work every 2 years regardless of their performance. They’re also obsessed with fame: three Continue reading

Continue reading...

Suggested by Mark Varycki of Hillsborough Community College, this video makes the case for free enterprise as a moral imperative.

 

Questions:

  1. Do you agree with the position stated in the video that free enterprise is the best economic system?
  1. Is it correct to credit globalization and free trade with easing global poverty?

From AEI Enterprises

 

Continue reading...

fastfoodClocking in at 800 calories with 53 grams of fat and 2,430 milligrams of sodium, Burger King’s Suicide Burger certainly lives up to its name. This outrageous creation features four patties, four slices of cheese and loads of bacon all slathered in special sauce. The existence of this burger brings to mind many troubling questions, not least of which is, “Why would Burger King offer such an abomination to their customers?” Well, as strange as it may seem, they technically Continue reading

Continue reading...

treviThe beauty of Italy’s ancient structures and sculptures has been renowned for more than two thousand years. Over the course of those centuries, maintenance responsibilities for the nation’s antiquities have transferred from their Roman builders to the Catholic Church and finally to the present-day Italian government. But there’s one major matter that separates the latter from its two mighty predecessors: money. As a result of the Italian economy’s recent collapse, the government has been forced to slash the maintenance budget Continue reading

Continue reading...

accountingTo many businesses the process of accounting is simple: keep track of costs and weigh them against revenue to determine profit. But some of the world’s largest companies prefer to figure out their financial well being by using a more complicated, predictive method. Known as fair value accounting, this technique measures a company’s assets by valuing them on estimates and projections rather than hard data. Its proponents argue that it makes accounting information more relevant for day-to-day operations. Critics of Continue reading

Continue reading...

crowdfundCrowdfunding websites like Kickstarter and Indiegogo have raised hundreds of millions of dollars for businesspeople and artists looking for quick injections of cash. But what has it done for the people who actually contributed to these campaigns? While many crowdfunding drives offer prizes and gifts to their donors, they don’t provide participants with ownership stakes like other methods of investment. That’s why a new wave of crowdfunding platforms are coming on the scene to make this burgeoning financing strategy more Continue reading

Continue reading...

credituThe Great Recession soured millions of people’s relationships with traditional banks, driving many to entrust their money with credit unions instead. Along with incessant media coverage of their questionable dealings, banks at the time had to contend with consumer outrage about hidden fees and supersized overdraft penalties. As a result, credit unions appeared to be safe and sensible money managers compared to their colossal, unscrupulous counterparts on Wall Street. Plus, credit unions offered perks like free checking, friendly staff, and Continue reading

Continue reading...

 

penniesThere are many today who feel that the time has come to retire the penny even though it has been a mainstay of American currency for centuries. The venerable Abraham Lincoln-emblazoned coin has without a doubt seen better times. In 1913 it possessed 25 times more purchasing power than it does currently. The penny also used to be profitable to produce. In 1990 it cost 0.6¢ to make one of the copper-coated coins, resulting in a yield of 0.4¢ Continue reading

Continue reading...