Mark Zuckerberg revolutionized the manner in which we communicate and share information. He effectively changed the world with Facebook, one of the most valuable and successful companies the world has ever seen. In an interview with students at Tsinghua University in Beijing, he stole the hearts of his audience with his surprising ability to speak Mandarin. Zuckerberg said that he wanted to connect with the culture on a deeper level (even though Facebook became banned in China in 2009) and of
Labor is a huge issue no matter where you live on this planet. And it looks like it may become in Germany soon. Is it a huge problem yet? No. But it is starting some negative trends, and it's those trends that lead to trouble down the road if left unchecked.
The below article explains how wealth is surpassing American's average income - which is not a good thing. This means that Americans are soon going to find certain products more expensive to purchase than they used to be. -AL
More household wealth in America sounds like good news, but it could also mean economic trouble.
I know, I know, many of you can’t stand
It's good too know that even seasonal jobs might possibly turn into permanent jobs. According to this article, when hiring for open positions after the holidays employers tend to look more towards the seasonal employees who already know they're way around the company. The seasonal hiring will help many families get through the holidays this year. -AL
The Department of Economics Invites you to a talk by
Professor Glenn McGee
Why is it OK to Pay for Perfect Babies
Tuesday, October 21, from 11-12 in Maxcy 124
Facebook pays for its employees to freeze their eggs to delay having babies. New Zealand decides to allow parents to choose embryos that would make a child to give its organs to its sick sibling. A lesbian couple sues a sperm bank because it did not request a black baby. A middle-aged man learns that dozens of children made wit
What's going on with Google? Usually a strong performer, the search-engine giant's future isn't looking good. Article below:
AP Last week, Google reported slower-than-expected revenue growth during the third quarter.
Investors punished the company with a stock sell-off, and now Google shares are trading at $511.17, well below a 52-week high of $604.83.
The dynamic of our ageing population is changing. With lower birthrates and better healthcare, elderly people may outnumber young adults by 2050. Several graphs are provided to support the claim. Article below:
Inequality is a very real problem now. But what are the factors that contribute to it? The article goes into further detail.
Gaps in educational achievement and shifts in technology, often cited as key reasons for widening income and wealth inequality, do very little to explain the trend, said Lawrence Mishel, president of the Economic Policy Institute, a liberal think tank in Washington.
Kids are expensive; this is just a fact of life. It seems that the costs of raising children for American families is only increasing. The current costs of raising a child to adulthood is nearly a quarter of a million dollars. Families spend nearly $1 of every $5 on child care. More about this in the article below:
Parenthood should be affordable in this country, but the cost of raising a child from birth t
Young parents, there was a time where diapers were not disposable. Mother would ball up the soiled fabric and throw it in the wash with the whites. It's a darn good thing we don't live in those harsh, middle-earth times anymore now that we have our huggies and pull-ups, right?
Weigh the pros and cons, but in my opinion, the best takeaway from this article is to take a look back at some of the ways we used to get things done. Meaningless "innovations" come out every year and people buy them beca
"Launched in Spring 2012, Girls Who Code is a national nonprofit organization working to close the gender gap in the technology and engineering sectors. With support from public and private partners, Girls Who Code works to educate, inspire, and equip high school girls with the skills and resources to pursue opportunities in computing fields." - www.girlswhocode.com
There is a well known fact about the tech industry: There is a huge disparity between the number of male and female professionals. W
Who doesn’t want to know the secrets of the job interview? What questions will be asked? What should I say? Will wearing a pocket square in my suit make me look more sophisticated?
It may come to a surprise that the interviewers are just as unprepared as you are in the interview process.
The full Article here: http://www.forbes.com/sites/susanadams/2013/10/14/10-job-interview-myths-debunked-2/
A Wells Fargo employee, Tyrel Oates, emailed the CEO of Wells Fargo asking for a $10,000 raise. Some say that is a bold move. Others say it is a sign of desperation. Regardless of what you think, the man did it. And he CC'd the entire company on the email. Read the article. Do you agree with his reasoning? I can see his point, and I also agree with his actions. He let his supervisor know what he was planning before he sent the email, so he didn't go over anyone's head. Sometimes to get
Freakonomics blew my mind with this one. They talk about Norway being the #2 country in the world (though China is looking to beat them soon) in terms of Tesla purchases. Norway has 5 million citizens, and the majority are not filthy rich. I say this because the starting price for a Model S in America is about $70,000. So how do so many Norwegians afford to buy these prime examples of American engineering while most Americans cannot? Listen to the podcast and find out! I listened to it whi
On October 13, 2014, Jean Tirole, a professor at the Toulouse School of Economics in Toulouse, France, was announced as the winner of the Nobel Prize in Economics. He was awarded the prize because of his work on analyzing market power and regulation. If you want to know more about h
One thing a student of economics should be able to do is research, analyze, and make a decision. You do it everyday in your studies, and it is a skill set that is very much in demand in the employment marketplace.
When it comes to your personal career development, being able to research organizations, analyze potential opportunities for yourself, and then to make a decision to go after an internship or a position is also a highly valuable skill set. Finding a career that provides you with a level
Below is a very insightful article explaining how childless men earn 40% less than men with children. The partial reasoning for this stems from the fact that some men are more established in their lives by having a stable job and a family to tend to. The responsibilty of providing for a family is another reason why a man must have a well-paying job. -AL
Being a dad might entail dirty diapers, but it also t
JCPenney, a well-known department store, has just gained a new CEO. The new CEO is Marvin Ellison and he plans to help JCPenney regain and surpass past profits. This is a positive move, especially for the loyal customers who were outraged in past years when a former CEO at the company tried to raise prices significantly. -AL
J.C. Penney has a new chief executive.
The department store chain said Monday that
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