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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...

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...
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