Sadness Spurs Spending, Experiment Shows : NPR

Feeling blue? You may want to think twice before heading to the mall. A recent experiment found that people who watched a clip from a sad movie were willing to pay significantly more for a water bottle than those who watched part of a documentary about the Great Barrier Reef. Saved By: projectionista | View Details | Give Thanks
Mish's Global Economic Trend Analysis: Why does fiat money seemingly work ?

Mark your calendars. The crash of the U.S. economy has begun. It was announced the morning of Wednesday, June 13, 2007, by economic writers Steven Pearlstein and Robert Samuelson in the pages of the Washington Post, one of the foremost house organs of the U.S. monetary elite.
131 - US States Renamed For Countries With Similar GDPs « strange maps

Murray Rothbard's scholarship spanned an enormous range, including philosophy, methodology, economic theory, the history of economic and political thought, economic history, economic policy, law, and contemporary politics.
China is conquering Africa as it becomes the preferred trading partner of the continent's dictators. Beijing is buying up Africa's abundant natural resources and providing it with needed cash and cheaply produced consumer goods in return.
No doubt about it, if there were a Miss Energy Pageant, Miss Ethanol would win hands down. Everyone loves ethanol. "Ramp up the availability of ethanol," says Hillary Clinton. "Ethanol makes a lot of sense," says John McCain. "The economics of ethanol make more and more sense," says Mitt Romney. "We've
Netscape checked out EconSM, which was held in Los Angeles last week.
Does an investment make sense? You can figure it out by weighing the rewards against the risks. As the rewards increase, typically, so do the risks. So you look for a happy balance. If the rewards are respectable and the risks are reasonable, you might make the investment. But apply the same formula to your life and you come up short.
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So, how are the war heroes doing at home with cost of living and quality of life?
They used to say that the first 24 hours of a crisis was critical. Now, it's the first hour.
There is nothing in the Constitution that allows the give-away or delegation of any expressed duty/power to any other branch or institution. The Federal Reserve act was unconstitutional, felonious, and treasonous from its first moment of existence -- and remains exactly that today.
Now that former Federal Reserve Chairman Alan Greenspan has left office, he is freer to speak his mind about the state of the economy. And so on Monday, he warned that a recession might be coming in the U.S. by year's end. It sent shudders through financial markets. He's sort of a King Kong when it comes to forecasting.
I feel compelled to continue to plead for a dialog concerning illegal immigration that extends beyond the bombastic PC oratory that is projected, oftentimes, by members of American society that do not suffer from the economic impact that the constant influx of cheap labor manifests.
Economics is the "study of the allocation of scarce resources which have competing uses". Like every society, the survivors of Oceanic flight 815 must allocate their resources so as to make themselves as well off as possible. Most of the time, being "better off" means surviving another day, and this requires careful planning
The finance ministers and central bankers of the world's seven wealthiest countries met with their counterparts from the world's fastest growing economies in the German town of Essen on Saturday.










