Insights on Economics, Finance, Business, and Education
Welcome to Market Monday! Check in every Monday for this weekly economic digest.
Capitalism has long had an addiction to debt, and this week’s headlines show that it is off the wagon again. Governments, corporations, and households are getting in over their heads again. Continue reading “Market Monday #1: Capitalists Addicted to Debt”
Lords of Finance is described as the story of the four central bankers who set up the world for the Great Depression. However, the reader can expect to get a whole lot more than that from this book–whether he wants it or not.
It is mostly written in a biographical style, with more incidental details than necessary. The financial side of the story is explained, but not with as much depth or clarity as many other books of this type offer. Some general claims about the macroeconomy are made without enough explanation about macroeconomics to back them up. Continue reading “Book Review: Lords of Finance”
This is a neat book of magazine-style business stories. There are 12 stories about 25-100 pages each. They don’t relate to each other at all, other than all being related to business, finance, and economics.
The stories are all interesting and well-written, so it is both entertaining and informative. This gave me some lesson ideas for my entrepreneurship class.
This is a great way to learn some new business content in a fun and engaging way.
Is your business idea scalable? How can you increase production, increase profit margins, and decrease the consumer price all at the same time? It’s all about learning strategies for scaling the business, like lowering input costs by buying in bulk and taking advantage of division of labor to hire specialists.
Here is a slideshow I used to teach this to my Intro to Entrepreneurship class:
Econ4All 