Aug 10 2010

Free market capitalism is like a shopping mall parking lot

Parking Lot via Alex92287 on Flickr

A typical shopping mall parking lot starts off empty, and drivers navigate to the best parking spot of their choosing. If they get there early, they get the spot right in front of the door.

If they don’t, they get the spot all the way at the back and have to walk for miles.

If they are lucky enough to be driving past a sweet spot that someone is coming out of, they got lucky – and can seize it. Continue reading

If you liked this post, subscribe to my feed to get notifications on other posts, and you should follow me on twitter here.


May 11 2010

Greece Debt Crisis Explained – Part Two

Temple of Olympian Zeus

Temple of Olympian Zeus via chrissy575 on Flickr

In the first part of this series about the Greece crisis, we looked at the causes of crises in general and some of the elements that led to Greece’s crisis specifically. Continue reading

If you liked this post, subscribe to my feed to get notifications on other posts, and you should follow me on twitter here.


May 7 2010

Greece Debt Crisis Explained – Part One

Greece - Acropolis

Greece - Acropolis via Titana on Flickr

Inspired by this question at Hacker News, I decided to write a series of posts about the Greece Debt Crisis (as I understand it anyway). Hopefully this is helpful to someone, and if you have any particular questions or sections of the crisis that you would like me to try and explain please feel free to let me know in the comments. Also, don’t forget to subscribe to my feed to get notified when I post additional parts of this series. Continue reading

If you liked this post, subscribe to my feed to get notifications on other posts, and you should follow me on twitter here.


May 5 2010

Debt in Europe [Infographic]

The New York Times has a wonderful post that illustrates the web of debt weaved in Europe.

Debt in Europe

Debt in Europe

To read the full post, click here.

If you liked this post, subscribe to my feed to get notifications on other posts, and you should follow me on twitter here.


May 2 2010

Iranian Oil [Infographic]

Oil and Gas MENA produced a very interesting infographic that breaks down the buyers of Iranian Oil – and other interesting information.

Iranian Oil [Infographic]

Iranian Oil - Infographic

To read the full post, check it out here.

If you liked this post, subscribe to my feed to get notifications on other posts, and you should follow me on twitter here.


Apr 28 2010

How big is the Fed’s balance sheet

Gold Coins

Gold Coins by Mykl Roventine via Flickr

The Wall Street Journal recently had an article about the Fed getting ready to start off-loading the $1.1T worth of mortgages they bought during the crisis (in an attempt to save the banks).

Continue reading

If you liked this post, subscribe to my feed to get notifications on other posts, and you should follow me on twitter here.


Oct 30 2009

Russia vs. United States: A Visual Comparison

Following the usual high quality graphs that Mint.com usually puts out, they have added one more feather to their hat.

They have done a nice illustration of the differences between the US and Russia using simple bar graphs. Two of my favorites are listed here.

Russia Through My Eyes - St Basils Cathederal by BudaKedrova

Russia Through My Eyes - St Basil's Cathederal by BudaKedrova

Continue reading

If you liked this post, subscribe to my feed to get notifications on other posts, and you should follow me on twitter here.


Oct 29 2009

Is government fiber really good for your health?

On the heels of House Democrats releasing yet another health reform bill, I stumbled across an interesting case study when government intervention in the marketplace (in the form of presenting a competitive option – e.g. the ‘feared’ public option) has the intended effect of significantly driving down costs and benefiting the consumer.

Taken by RyanWhiteHealth @ Flickr

Taken by RyanWhiteHealth @ Flickr

Continue reading

If you liked this post, subscribe to my feed to get notifications on other posts, and you should follow me on twitter here.


Oct 29 2009

Calvin & Hobbes Explain the Financial Crisis

Interesting take on how we got into the current economic crisis by our dear friends at Calvin and Hobbes.

Calvin & Hobbes - Explain the Financial Crisis

Calvin & Hobbes - Explain the Financial Crisis

If you liked this post, subscribe to my feed to get notifications on other posts, and you should follow me on twitter here.


Apr 22 2009

Did you know? Globalization and the Information Age

There is a video floating around the interwebs about the current state of our world. I can almost assure you that as you watch it for the first time, you are going to be surprised by at least a few of these statistics (if not many of them). Some of them might be glaringly obvious, but it can really cause you to take a step back when you see the actual numbers. 

YouTube Preview Image

The video was created by Karl Fisch and modified by Scott McLeod.

If you liked this post, subscribe to my feed to get notifications on other posts, and you should follow me on twitter here.