This video is great. Sloths as pets, makes you wonder, are they a Veblen Good?
Ruky hore! video (Hands Up!)
This second video is a feeding. I think the grubs are definitely an inferior good. Yet the way the sloth licks his fingers at the end they could be a luxury.
Sloth Feeding
These findings came thanks to a QSIB student. Thanks for the links!
Hi! I am a teacher of IB Economics and Humanities at ISS International School located in Singapore. Fittsonomics is my blog for discussing economics in the news and other current events. Click the Economic resources for class resources. Enjoy!
Wednesday, September 22, 2010
Petroleum Subsidies
Debating the Need for Petroleum Subsidies
To what extent do the jobs created by this subsidy outweigh the costs?
To what extent do the jobs created by this subsidy outweigh the costs?
Saturday, September 11, 2010
The Importance of an Economist
This article from Planet Money on NPR discusses how to keep prisoners alive when ship captains were transporting them to Australia in the 1700's.
Friday, September 10, 2010
Tuesday, September 7, 2010
Value of Education
Compare the average annual earnings for a college graduate to a non-graduate. Click here
Professional degree = $109,600
High School degree = $30,400
source: U.S. Census Bureau, Current Population surveys: March 1998, 1999, 2000.
Consider the opportunity cost of education and compare the lifetime earnings potential of full-time employees.
Professional degree = $109,600
High School degree = $30,400
source: U.S. Census Bureau, Current Population surveys: March 1998, 1999, 2000.
Consider the opportunity cost of education and compare the lifetime earnings potential of full-time employees.
Thursday, September 2, 2010
Wednesday, September 1, 2010
Drinks creating new jobs at McDonald's | Marketplace From American Public Media
Drinks creating new jobs at McDonald's | Marketplace From American Public Media
Can you graph this? Can you identify the determinant?
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