Value and Exchange

In the context of the recent spike in oil prices, this clip from Glenn Beck show might be of interest to some. Particularly noteworthy is the fact that the oil industry has been facing a thirty years [sic] moratorium on exploring new fields within the United States. According to the president of...

Sadly, Borders Group, Inc. is in trouble and it's up for sale. More and more of these companies continue to drop as consumers pinch pennies on wanna-have but don't-need items. I listened to...

From Wired:

The researchers first trained chimpanzees in the basic rules of trade: you give to me, I give to you. They used apple slices, which chimps generally like, and grapes, which chimps really like...

Christmas is a make-or-break time for many retailers, and the holiday season's importance to the American economy is so great that "Black Friday" sales at some retailers, particularly Wal-Mart, are reported as a macroeconomic indicator. The holiday season is indeed festive and...