Category: Economics

“9/10”: The Most Common (Yet Inconsequential) Fraction

I remember when gasoline prices eclipsed the $1.00 mark in the 1980s.  This inevitable event had a deep psychological impact on my parents, who bemoaned the constantly rising cost of gas (and other necessities) and determined our family had to tighten our belts to make ends meet. The remnants of America’s pre-$1.00 per gallon days …

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Permanent link to this article: https://betweenthenumbers.net/2012/01/910-the-most-common-yet-inconsequential-fraction/

The Big Business of Mail-In Rebates

Many of you are in the midst of (and the most diligent of you have already completed!) your holiday shopping, so you have likely encountered one or more “mail-in rebate” offers which caught your discriminating eye.  If not, you are in the minority, as one source estimates over $8 billion of rebates were issued to …

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Permanent link to this article: https://betweenthenumbers.net/2011/12/the-big-business-of-mail-in-rebates/

Federal Reserve’s statistics show pain at U.S. households

On December 8, 2011, the Federal Reserve released its third quarter 2011 report, “Flow of Funds Accounts in the United States”. A virtual cornucopia of data, the report is 127 pages of detailed tables of assets, liabilities and changes in the U.S.  If you are an economic data nerd, it is almost all one could …

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Permanent link to this article: https://betweenthenumbers.net/2011/12/federal-reserve%e2%80%99s-statistics-show-pain-at-u-s-households/

Unemployment in a Global Perspective

The problem of rising unemployment during and after the Great Recession has a global character, as confirmed by data from the Organisation for Economic Co-operation and Development (OECD). The OECD’s report “Society at a Glance 2011 – OECD Social Indicators” shows that unemployment rates overall have increased across the globe. Despite a few exceptions to …

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Permanent link to this article: https://betweenthenumbers.net/2011/10/unemployment-in-a-global-perspective/

Netflix misses an opportunity by un-tying its services

Groans and moans over product tying (aka bundling) are commonplace. When companies sell products as a package deal only, consumers frequently feel they’re getting the short end of the stick because they’re being “forced” to purchase products they don’t want. The classic example is cable television. The sports fan only wants to watch ESPN and …

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Permanent link to this article: https://betweenthenumbers.net/2011/07/netflix-missses-an-opportunity-by-un-tying-its-services/

Legal sector’s drop a surprise, sluggish pick up is not

While jumps and dips in the economy are known to shake up private sector payrolls generally, jobs at law firms have traditionally been safe bets in the face of a recession. The same cannot be said of the Great Recession, officially started in December 2007. This time around, the legal industry’s suffering has mirrored that …

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Permanent link to this article: https://betweenthenumbers.net/2011/05/sluggish-hiring-in-legal-sector-unlikely-to-improve-soon/

LA Lakers offer perspective on capitalism’s fair weather fans

GQ magazine recently released its ranking of America’s worst sports fans.  While most fans made the list for being “bottle-throwers, couch-torchers, sexual harassers, projectile vomiters” or something equally despicable, the Los Angeles Lakers registered at number 15 simply for being fair weathered.  The magazine cited widespread abandonment in 1991 when Magic Johnson retired and a …

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Permanent link to this article: https://betweenthenumbers.net/2011/04/lakersoffer-lesson-for-capitalisms-fair-weather-fans/