Just read: ‘Why Retail Investors Still Avoid Stocks’ at BusinessWeek

If you invest, or if you pay attention to the economy, read this article. Period. Why Retail Investors Still Avoid Stocks – BusinessWeek. Great insight from Brad Barber of the University of California, Davis. And retail investors (that’s the regular folk who invest their hard-earned money) should particularly pay attention to the answer to the […]

Just read: ‘Iceland’s Haarde Is First Leader Indicted Over Crisis’ at BusinessWeek

Wow. This is crazy! Iceland’s former Prime Minister Geir Haarde (who served as Finance Minister from 1998 to 2005 and then as Prime Minister from 2006 to 2009) has been indicted for economic mismanagement that led up to the economic collapse of that country in 2008. Iceland’s Haarde Is First Leader Indicted Over Crisis – […]

Good news for businesses… in 1 – 3 years

Good news for entrepreneurs (or, at least for people planning to become entrepreneurs in the next 1-3 years). During periods of economic growth, consumer spending injects cash into the economy, and free-flowing cash is exactly what makes an economy stronger. Entrepreneurs and economists are concerned right now because people aren’t spending money at levels needed […]

Just read: ‘The Inevitability Of $300 Socks’ at Fast Company

It wasn’t that long ago that people wouldn’t pay more than about $50 for jeans. Now, $300 plus is a distinct possibility. You can’t just blame inflation. There’s been a transition in how we define luxury. In this article, Dan and Chip Heath talk about how luxury has changed and why products that weren’t luxurious […]

Just read: ‘Why is a bag of weed always $10, man?’ at FT.com

I love the Undercover Economist. I have his book, I read him at Financial Times. He makes economics accessible to everyone. In this article, someone asks Tim Harford about why a bag of weed is always $10. You can read the question here… Dear Economist: Why is a bag of weed always $10 man? | […]