Economic Development and US

From Thomas Sowell's book "Applied Economics", "All the numerous interacting factors behind economic development make it virtually impossible that different parts of the world would all have equal development, and therefore equal standards of living, at any given time. Yet the puzzlement, unease and dissatisfaction caused by seeing large economic disparities between societies have created demands for explanations - usually without creating an equal demand for years of study of the historical, geographical and economic factors behind these disparities. Instead, there has been a demand for simple and emotionally satisfying explanations, especially melodramatic explanations with ideological overtones...to solutions favored by those inclined toward controlling other people's lives."

Teachers - Unions - Budgets and US

I am a teacher in a public school in Michigan.  I teach students about economics.  This is a story about teachers, and economics.  Very interesting...  Just click the title (above).     Long story shorter, I am an over-paid teacher.  There is no debating this from an empirical stand point.  If some want to demagogue the issue, this is a free country.  However, they are wrong.  My principal woud have hundreds of resumes from qualified teachers on his desk in a week should I be hit by a bus.  Don't mistake my actions, I am very happy and thankful to be cashing those checks.  (Like today, payday.)  Lastly, the salaries and compensation packages of all public 'servants', of those who are paid with tax dollars, are available in your school district's administrative offices.  Becareful, you'll be stonewalled by the staff asking inane and obstructive questions about your motivation and reason for this inquiry.  Just say, "FOIA".  (Freedom Of Information Act)

Recession Over? Or are we still...

This is one for the ages. Literally! Here is an economic report that provides a good background and interesting perspective on the challenges involved in making the call. IS it or is it NOT? http://www.investorsinsight.com/blogs/john_mauldins_outside_the_box/archive/2010/02/15/is-the-recession-over.aspx

Unemployment in the US graphically

Check out the map.  And just sit back and cry...