Econoblog

Economics Made Economical

Author Archive: econprofessor

Do You Know What Econ Is?

Economics is the study of how best to allocate scarce resources in the most efficient manner, i.e. to produce the greatest level of possible benefit to society/humanity at the lowest possible cost. Advertisements

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World’s Top 15 Economies: Cuba (Five-Year Update)

Cuba Five years ago, Cuba was the Western Hemisphere’s only official remaining dictatorship, where one-party political rule and a closed-market, government-run economy regulated all aspects of the Cuban people’s lives. In the five years since the first version of this piece was published, the Castro brothers’ near-absolute, 50-year grasp on power has weakened substantially: Fidel …

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Sudan: Is The West Funding Religious Genocide?

Sudan: Is The West Funding Religious Genocide? A young Christian Sudanese woman, Mariam Yahya Ibrahim, who is married to a dual U.S.-Sudanese citizen, has recently been convicted of apostasy by Sudan’s Islamist government, headed by dictator-president Omar al-Bashir. Al-Bashir, who is wanted by the International Criminal Court (ICC) on charges of ordering genocide against the people …

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Originally posted on The Buzz – Investment and Stock Market News:
It’s that time of year again. Most of the nation’s big banks have disclosed how much chief executives earned in 2012. While some had their compensation cut, others received hefty raises. One caveat: Wells Fargo (WFC) CEO John Stumpf, who received $17.6 million in…

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Originally posted on Global Public Square:
By Ibrahim Sharqieh, Special to CNN Editor’s note: Ibrahim Sharqieh is deputy director of the Brookings Institution’s Doha Center. The views expressed are the writer’s own. We are now set for a third term for Israeli Premier Benjamin Netanyahu. And, although Netanyahu’s Likud-Yisrael Beiteinu coalition seems to have underperformed…

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