Musings on Globalization, Labor, and Consumer Behavior


The argument posited by politicians about about moving abroad only helping Mexico or China is a too common misconception. Ask yourself why companies move. Moves are not merely about labor, but labor is part of the equation. Labor costs are one of the few factors a company has control over. To keep costs down and…

Book Review: False Economy


False Economy, by Alan Beattie. Published by Penguin and Riverhead Books. Copyright 2009. Paperback. $16. My interest in economics certainly cannot be traced to my college experience with Micro- or Macroeconomics. Both classes were taught be the same gentleman, Mr. Johnson. Mr. Johnson tended to be tardy and always arrived with a ceramic coffee cup of…

Education, Economics, and Kurma the Turtle


Forbes magazine ran an article 6 May 2012 alluding to “creating innovators.” Tony Wagner is an Education Fellow at Harvard, and author of The Global Achievement Gap. His research on identification of skills necessary for people to compete in the 21st century global workplace is outlined. More interesting is his web site, TonyWagner.com. I am…

Just Tell Me What I Need To Know


Bookstores are my favorite places to hang-out. Before bookstores became popular, I grew-up in a library. The neighborhood library was three blocks from my Kansas City, Missouri, home. In the summertime, I would spend days and weekends in the library, sitting at a table, reading reference books. Science, mostly, but pretty much any kind of…

If All Else Fails, Blame China


I’ve spent the last year educating myself about economics. Why economics? Simply put, government bureaucrats use the Ignorance of the Masses to push through economic policies which superficially sound well-grounded yet have dangerous and harmful downstream effects. Being ignorant myself of economics, I did recognize many U.S. foreign and economic policies were damaging in the…