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I Love Economics

Personal Stories, Advice, and Support 112 People

    How The Economic Machine Works

    A very well-done video and simple template of economic understanding by Ray Dalio of Bridgewater Associates.
    KeasbeyNights KeasbeyNights 22-25, M 2 Responses Sep 25, 2013

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    I Gave Up Christianity To Follow Economics

    When I heard my first lecture in Economics class in high school, I felt like I'd found my religion.  (It was a Christian private school, and I was already letting go of the organized religion, and found "salvation" in the logic of economics.)I ended up studying it in college and...
    rapturetourniquet rapturetourniquet 31-35 Jun 20, 2011

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    Earl's Garage - Part II - Barternomics, Lobster, Champagne, and Gojo

    In part I, I was rescued from financial disaster and disgrace by Earl and his wife Doris, agreeing to repair my hobbled Volkswagen, while opening up an opportunity to work off my debt, and further becoming educated in an ancient method of trade … click here for Part I . . .EP...
    MoniqueinSpring MoniqueinSpring 56-60, F 4 Responses Sep 17, 2013

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    I think most people immediately relate

    Economics to business when there is just so much more depth to it. Business is just one area of economic importance :)
    ayuayumi ayuayumi 18-21, F Nov 12, 2014

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    The Standard Is Getting Poorer

    Disclaimer: Though this story talks about American economy, I am not going to bombard you with words such as GDP, recession, Fed, Eurozone, austerity, debt, deficit and default. It’s a view as seen from a layman’s eyes.== This conversation involves three characters: My...
    eyes04111981 eyes04111981 31-35, M 2 Responses Sep 27, 2011

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    This post is mostly

    for younger folks here....Milton Friedman is a hero of mine. Reading some post here ... some of you need some lessons from a real economist.Much of what is going on today, and in the past isn't new.Given the coming election year..I find these fitting.What better way to approach...
    nocool nocool 41-45, M 1 Response Jul 28

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    When Will The Us Economy Recover From Recession?

    My answer to this is,a lot longer than many in government would dare admit.This recession is very different from the usual business cycle of growth then slow down then return to growth.The US is further hampered by nations such as China pegging their currency to the US & not...
    amharvey amharvey 46-50, M 5 Responses Oct 6, 2010

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    Wages And Unemployment Link

    There are many factors that create employment in the United States. However, in general, there are 2 things the government can do to help influence the creation of employment. These two methods of influencing the creation of employment involve the manipulation of monetary...
    UpOnDaRoof UpOnDaRoof 36-40, M Oct 8, 2011

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    Why The Democrats Lost Big Despite Having Stopped The Recession.

    First some amazing facts: Thanks to $300 billion of cuts to the Federal personal income tax, and $250 billion of increased transfer payments to households, real per capita disposable household income was only 0.3% lower in 2009 than in 2008, despite the major recession...
    consa consa 61-65, M Oct 30, 2010

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    The 2% Rule....

    I love economics because it's interesting to see how it affects government and the world. One of the things I like doing is to piece together a story and determine if the government is telling the through or not. For example, everyone blames President Barak Obama for the increase...
    UpOnDaRoof UpOnDaRoof 36-40, M 4 Responses Sep 6, 2011

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    Major Economic Trends For 2012 Posted. 4.9.12

    (very different that my usual topics, but hey I am a Renaissance kinda of guy.) In one humble economists opinion. First, I know everyone has a different idea on where the global economy is going. So here are a few trends that I think are not worthy, and hopefully profitable...
    Shawn26 Shawn26 36-40, M 1 Response Apr 9, 2012

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    I Wonder If We've All Got It Wrong

    I never studied economics. I came into contact with it whilst studying accountancy but it was a pretty peripheral thing. Now it seems to be the only thing that has ever mattered in the world and I wonder if we've got it wrong. For years and years the boom and bust cycle of...
    stevester stevester 46-50, M 2 Responses Sep 21, 2009

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    learning about economics Weatherby micro

    or macro I believe it's important to learn it because that's how the world works the economy can affect the prosperity or the depression of a country and society if we improve economics for people we improve the quality of life when companies make money they provide jobs and...
    me0883 me0883 22-25, M 2 Responses Jun 6

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    Masterpiece on Economics.

    One day a tourist comes to the only hotel in a debt ridden town in Kenya. He lays a 100 dollar note on the table & goes to inspect the rooms. Hotel owner takes the note & rushes to pay his debt to the butcher. Butcher runs to pay the pig farmer. Pig farmer runs to pay the feed...
    Aryg Aryg 36-40, F 4 Responses Jun 26, 2014

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    Did We Learn Anything About Wages And Unemployment?

    Earlier I've stated that as the price of labor goes up in China and the price of shipping goes up...you'll see more jobs coming back to America. Well, it's happening. The government just recently reported that that unemployment has gone to an all time low over a 7 month period...
    UpOnDaRoof UpOnDaRoof 36-40, M Nov 21, 2011

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    bribri77 bribri77 22-25, F 3 Responses Oct 21, 2014

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    A More Recent Interest.

    It has a lot to do with mass psychology.... I'm finding it to be very predictable ... and not as complicated as I once thought it was... There is also a very real inluence that the government and fianancial institutions have on it.
    deleted deleted 26-30 Sep 12, 2009

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      The whole thing

    for those curious.:)
    nocool nocool 41-45, M Jul 28

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    Anyone An Economics Major?

    I'm considering being an Economics majors (currently fighting for a Business major and an English minor). I've taken a class on Microeconomics last semester and, boy, the graphing was pretty tough stuff. I just wonder if it's something practical and helpful because I feel like...
    Kurokagi Kurokagi 18-21 2 Responses Aug 5, 2013

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    Economics Assignment Help

    Economics assignment help assists students in coping with Economics subjects in all levels. It is composed of professionals who have undergone extensive trainings as well as are experienced tutoring this course. This provides premium quality assistance in preparing homework and...
    gupta123sandhya gupta123sandhya 22-25, F 1 Response Oct 7, 2013

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    A Subject For Today.

    I studied Economics in my last years in formal education as a major subject. I find it helps in understanding what is happening it the Global Economy and the difficult choices faced by Economists as well as World leaders in managing our current recession ad it's human...
    CarolineBelinda CarolineBelinda 36-40, F 1 Response Apr 19, 2009

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    And So It Came To Pass

    I just found a story I wrote on 21st september 2009. In it I said I found the whole Keynesian approach to alleviating the recession as a misguided attempt to buy our way out of trouble. Increasing debt and thinking the markets would respond as if they didn't know that the...
    stevester stevester 46-50, M 2 Responses Aug 8, 2011

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    Earl's Garage - Learning Barter-Nomics

      In my freshman year of college , I quickly learned that I was not dorm material.  I already knew this of course. I'm a private person, a recluse, an introvert - a loner.  During Christmas vacation I told my father I was moving out of the dorm, and renting a room in town...
    MoniqueinSpring MoniqueinSpring 56-60, F 13 Responses Apr 19, 2012

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