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Tag Archive 'economics'

Linking Logs :: 2010-07-20

Everyday, I send interesting links to people via e-mail, instant message, or Twitter. There’s no reason to confine these links just to people I know. Below you’ll find the interesting tidbits for 2010-07-14 through 2010-07-20: The Great Sugar ShaftNot so sweet. The End of the Best FriendApparently schools are trying to stop children from forming [...]

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Linking Logs :: 2008-12-12

Everyday, I send interesting links to people via e-mail, instant message, or Twitter. There’s no reason to confine these links just to people I know. Below you’ll find the interesting tidbits for 2008-11-11 through 2008-12-12: Blog of helios: Linux – Stop holding our kids backA teacher's rant and a linux distributor's response. Revisiting the Capital [...]

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U.S. Current Account Deficit

The current account represents the sum of balance on goods, services, income yields, and unilateral transfers. It is an indicator of the flow of capital and goods to and from a country. The U.S. currently runs a current account deficit. This means that more goods and services are being imported into the country than exported.

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It can be proven that free trade is good for any country. The gains to consumers due to free trade outweigh the losses suffered by import-competing domestic industries. Unfortunately, these gains are spread out across many people, while the losses are concentrated in a much smaller group of businessmen and workers (Sawyer & Sprinkle, 2006). [...]

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Concerns of the Maquiladora Workers

Maquiladoras are industrial plants below the U.S. border that assemble foreign parts into finished products. Unlike many developing countries which export inexpensive commodities, Mexico “exports” its inexpensive labor force in the form of maquiladora workers (Isaak, 2004). Like workers anywhere, maquiladora workers have concerns both for themselves and for their families. These workers are concerned [...]

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