Universal Life Insurance Scams and Complications

You don’t think about insurance until you need it. When you decide it’s time to protect loved ones you face another problem: what to choose from among the gluttony of options? So you get a call amidst your decision from someone hawking universal life...

Incentives and Profit for Insurance & Drug Companies

Pharmaceutical companies are routinely called out for supposedly holding on to suspected cures because there’s no money to be made. Sometimes drugs are available but because the condition is comparatively rare is costs thousands of dollars for one treatment...

National Income Accounting Explained

Including Intro to Balance of Payments Here is a brief tutorial to aid newbie economists understand the constructs behind national income accounting and balance of payments (the two are related). To do so we’ll introduce the two measures of national income which...

Top Five Analyses to Evaluate Cash Flow

Five Cash Flow Analysis Tools This post continues a discussion about cash flow, net present value, interest rates and NPV, and IRR, which you can read by clicking on the specific links. This post deals with the topic of using these tools for conduction cash flow...
Canadian dollar hits 11 year low with no end in sight

Canadian dollar hits 11 year low with no end in sight

The Loonie hit on 11 year low closing the day at 1.3785 / 1USD. Last time the dollar was this low was May 2004. Apart from immediate consumer impact felt in the purchase of consumer goods and vacations, the depreciating currency is indicative of deeper problems for...

Federal Reserve Increases Overnight Rate to .5%

The federal reserve today increased the overnight lending rate by a quarter percentage to 1/2 a percent. This is the first increase in nearly a decade dating back to 2006. Increasing the benchmark rate is an indicator that the American economy is starting to not only...
The Economics of Property Law – Coase Law

The Economics of Property Law – Coase Law

Here is an article that deals with Coase laws and the economics of property law. The lack of defined property rights leads to the abuse of certain activities as a result of a differing perceptions regarding how choices affect marginal private benefits and social...

Corporate Whining Cartoon from 2009

1842 Businessman: If workers can legally STRIKE, no business will be able to survive! 1887 Businessman: Give BLACKS an entire DOLLAR for a day’s labor? Might as well burn my business to the ground! 1912 Businessman: Worker deaths are TRAGIC, but ANTI-SWEATSHOP laws...