This is part 9 of a series in making the leap to self-employment Flying on your own without the benefit of a paycheck net under you is going to present challenges. Fear One of the biggest of these challenges is fear. It’s that sinking feeling you get when the Receivables account shows a mere […]
Monopolyland: the Fragile Virtual World of Big Business
It’s one thing to suggest that Corporate True Believers are disinclined to live in the real world with the rest of us — but quite another to get such folks to at long last admit that everyone, but everyone, around them is the enemy by Donald Croft Brickner So — we’re not economists. […]
OPEC controls world economy
Would you believe that the Organization of Petroleum Exporting Countries (OPEC) controls the world’s economy? And that nobody, even the technologically advanced nations like the United States, can impose its will on these oil-producing countries. A case in point is Venezuela, an OPEC member and one of the biggest oil producers in South America. In […]
Understanding The Concept Of Market
A market is a set of actual and potential buyers of a product. These buyers share a particular need or want that can be satisfied through exchange. Thus, the size of a market depends on the number of people who exhibit the need, have resources to engage in exchange, and are willing to offer these […]
Instant Prosperity and Instant Loan
The neighborhood grocery shop where I buy my supplies has a sticker prominently displayed near his counter which reads “Aaj Nagad, Kaal Udhar” (cash today and credit tomorrow). Clearly it is an attempt at dissuading customers from buying their supplies without paying for them on the spot. It is not that the shop was completely […]
How a little laptop is changing an industry
The Wall Street Journal has an excellent article about Nicholas Negroponte, an MIT professor who is pioneering an ambitious project to produce a $100 laptop that poor countries can buy for their children. It’s a noble effort that would educate children and families as well as connect them to the Internet. The article details the […]