Skip to content

The Paradox That is Colombia

By Dr. Roger Morefield —- Welcome to the “New Colombia” (Read this post in Spanish) Based on its per-capita Gross National Income (GNI), Colombia meets the World Bank criteria for classification as an upper middle income country. But it still has many of the earmarks of a low-income developing country, including its high poverty rate…

Read More
share this post

The Economics of the Just Price

By Dr. Hassan Shirvani — The concept of the “just” or “fair” price is as old as History. To combat predatory lending practices, price gouging, profiteering, and price discrimination, many governments throughout history have passed laws to protect their citizens against dishonest and unethical lenders and sellers. Thus, the Babylonian king Hammurabi (1792-1750 B.C.) had…

Read More
share this post

Urban Agriculture: Revitalizing Local Economies

Urban agriculture is growing in cities around the country, revitalizing neighborhoods, cultures, and even local economies. It’s actually not a new idea: Think of the Victory Gardens during World War I and World War II – home gardens which were responsible for more than 40% of the total vegetable production in the United States. Currently…

Read More
share this post

Lower the Minimum Wage

Despite the struggling economy, documented by a workforce participation rate of less than 63%, proponents have urged an increase in the Federal minimum wage. This is a bad move at the worst possible time. Even Janet Yellen, Chair of the Federal Reserve, indicated that loose monetary policies will continue due to the poor job market.…

Read More
share this post

Emerging Business Models: Conscious Capitalism and Peace through Commerce

If globalization is considered the most challenging development of modern times then bioterrorism may be its most pressing concern.  Increasingly, the connections between health, development and security are becoming clear.    The advances in biotechnology, directed toward improving health status, facilitate the reality of bioterrorism, directed toward destroying quality of life and security.  Bioterrorism, which involves…

Read More
share this post

Economic Outlook: Cyclical Recovery, Structural Challenges

The following are my reflections on the economy after attending the Cameron School of Business Advisory Board Lecture Series featuring John Silvia, Chief Economist, Wells Fargo: Recently, there has been talk about the recent recovery of  the economy. Everyone is guessing: are we really out of the trough? Is it a steady growth? How does…

Read More
share this post

A Meeting of the Minds: Alexis de Tocqueville and Thomas Piketty

Alexis de Tocqueville (1805-1859) is a French historian and political thinker who is best known in the United States for his book Democracy in America, which was published in 1835 following a trip to study the U.S prison system. Coming from Old Europe where wealth inequality was extremely large, he was impressed by the more…

Read More
share this post

A European Perspective on the Future of the Euro Area

A few weeks ago I wrote on this same blog that the main economic problem facing Europe was Immigration.  However, I do not want to leave the readers with the impression that the current financial crisis is any less important and critical. Thus, I will now focus on that other problem, as if the first…

Read More
share this post

3D Printing: Localized Production in a Globalized World

3D printing is the way goods will be produced in the world of information technology. The goods would be produced in great quantities, yet they need not be mass produced; each item produced could be customized by simply tweaking software to suit the needs and specifications of a specific customer. And the goods could be…

Read More
share this post

Europe’s Main Economic Problem May Surprise You

On February 9, 2014, just over 50 percent of Swiss citizens voted in favor of a referendum restoring quotas for immigrants coming from other EU countries. Switzerland, a country of eight million, is not an EU member but has negotiated several agreements with the EU guaranteeing the free movement of goods, services, people and capital…

Read More
share this post

Community

Discipline

Goodness

Knowledge

Never miss an update...

Subscribe to the CSB Blog!