Archive for the ‘Econ / Finance’ Category

1928 Prices compared to 2012 Prices

Tuesday, June 19th, 2012

My friend, Lauren Hillquist, sent me this postcard via email today: 1928 CAR REPAIR MAILER. AUTOMOTIVE REPAIR ADVERTISEMENT IN 1928... SENT ON A PENNY POSTCARD (click on image for full size) He also included this text: May 31, 1927, the last Ford Model T rolled off the assembly line. It was the first affordable automobile, ...

U.S. Debt, Illustrated

Monday, December 26th, 2011

Things, especially things about numbers, and especially things about big numbers, are often very hard to both explain and comprehend. Pictures help a lot. Along those lines, this is the best illustration I've seen yet on what the U.S. debt looks like, in visual terms that anyone can understand: http://usdebt.kleptocracy.us/ Note: I ...

U.S. states compared to countries’ GDP and Population

Saturday, January 15th, 2011

This is an interesting graphic from The Economist magazine. It compares U.S. states' Gross Domestic Product (GDP) and population to their closest match among the countries of the world. [swfobj src="http://media.economist.com/sites/default/files/media/2011InfoG/Interactive/US_equivalents_7/main.swf" width="595" height="630" align="none" allowfullscreen="true" allowscriptaccess="always"]

How to Reduce Taxes by 40%

Sunday, December 19th, 2010

There's a lot of heated political rhetoric about taxes these days, particularly U.S. federal taxes. Some people want to abolish federal taxes. Just about everybody would like to pay less federal taxes. I think it's safe to say that everyone would like to see federal tax dollars used more efficiently. I don't ...

Complexity, its burdens and its risks

Wednesday, November 17th, 2010

  I read a good article on the radical re-making of the advertising market today: http://www.fastcompany.com/magazine/151/mayhem-on-madison-avenue.html The article referenced a classic post by Clay Shirky that I'd read before, but was worth revisiting: http://www.shirky.com/weblog/2010/04/the-collapse-of-complex-business-models/ Clay, in turn, referenced a book by Joseph Tainter,  The Collapse of Complex Societies. Tainter makes many compelling observations, as summarized by Shirky: "Complex ...

Facing the Future

Saturday, June 12th, 2010

  I compiled my thoughts on the primary challenges the United States faces in the coming decade, and ways to overcome them, here: http://www.hackneys.com/docs/facingthefuture.pdf The primary focus in this collection is on domestic challenges, although some geopolitical issues are addressed. .

Steph Hits The News Again – Twice In One Day

Tuesday, April 20th, 2010

Steph is in the news again. This time twice in the same day. First, in a story in MSN Money: http://articles.moneycentral.msn.com/SavingandDebt/FindDealsOnline/big-discounts-on-little-pleasures.aspx Second, in a story on FoxNews: http://www.foxnews.com/leisure/2010/04/16/rv-travel-beginners/ The Fox story included a link to our Travel web site, www.HackneysTravel.com, which was nice of them to include. I haven't checked the traffic levels ...

Ranking America

Monday, March 8th, 2010

The United States of America enjoys many riches, inherent capabilities and positive attributes, as well as shortcomings, unresolved issues and a converging set of existential threats. The challenge is to be aware of the upsides of the United States without becoming defiantly hostile to any discussion of specific shortcomings or ways ...

A Perfect Storm

Sunday, March 7th, 2010

  “…our fathers brought forth on this continent a new nation, conceived in liberty, and dedicated to the proposition that all men are created equal.  Now we are … testing whether that nation, or any nation so conceived and so dedicated, can long endure.” – Abraham Lincoln, Gettysburg Address ******* The United States ...

Ever Bigger Boxes

Tuesday, February 23rd, 2010

In the posts Show Me Your Budget and Buying Boxes I addressed the components and priorities of the United States government budget and how we as a nation pay for that budget. What I did not address are the components of that budget that are on rapid growth curves and ...