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Economics

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Simple Math

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There is a class war going on in this country. And my class is winning"?Warren Buffet???There is one meta fact about wealth and inequality in this country that trumps all others- this is a very, very, rich country. If there were a UN sponsored Olympics for the worlds riches we would be the silver medal winners in per capita wealth among developed countries, second only to the Swiss who have cornered the gold (literally and figuratively) with their secret banking billions.??Just how rich are we? With just 5% of the world?s population we own just shy of one third of all the wealth in the world- 32.6%. That?s $201,319 for every adult American.

Agenda for a New Economy

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I agree with much of what David Korten has to say in his new book, Agenda for a New Economy. It's hard not to. It's a virtuous book, virtuous because it's right about so many things. As far it goes. ??Unfortunately, like many virtuous books it shares the defect of being long on describing what is and what should be but is critically short on how and why its prognoses and prescriptions are logically plausible, hence possible. In other words, it is largely a book of description and assertion without a rigorous polemic that grounds either in a compelling chain of reasoning.??This is not so much of a problem when Korten is describing what ails us- what he calls Wall Street's phantom wealth economy.

ap world

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Chapter 16 The World Economy I. Introduction A. What are consequences of? 1. Voyages of Columbus 2. Exploration of Europeans 3. Empires built by European conquerors/missionaries B. Consequences 1. Power shift 2. Redefinition of interchange D. Patterns of diffusion 1. Classical ? developing regional economies/cultures ? Medit./China a. External conflicts existed, but not that important 2. Postclassical Era ? contacts increase a. Missionary religions spread b. Interregional trade key component of economies ? bet. continents c. Some regions dominated trade ? Muslims then Mongols 3. 1450-1750 ? Eve of the Early Modern Period a. New areas of world brought into global community ? Americas b. Rate of global trade increased ? Southeast Asia

Economics Commentary (IB, IA)

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Commentary This article is about a recent decline in England?s economy, and how it may affect us on a macroeconomic level (i.e. the country?s future in regards to its, monetary policy, employment, GDP, and inflation). As England endures their economic recession we?ve seen an increase in unemployment, reductions in salaries and wages, and a decrease in consumer confidence.

Economics Commentary (IB, IA)

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Commentary This article is about a recent decline in England?s economy, and how it may affect us on a macroeconomic level (i.e. the country?s future in regards to its, monetary policy, employment, GDP, and inflation). As England endures their economic recession we?ve seen an increase in unemployment, reductions in salaries and wages, and a decrease in consumer confidence.

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