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Planned Obsolescence Through Barcodes

Planned Obsolescence Through Barcodes

The financial crisis of 2007-2008 has come and left an unwanted legacy of Wall Street greed coupled with the obliviousness [Link on Financial Article] of the home owners. We have also seen the unprecedented increase in the money supply courtesy of the Federal Reserve’s quantitative easing. Additionally, we have witnessed Greece battle through its debt … Continue reading

Book Review on ‘The New Prosperity’

This short book was in fact a gift given to Boston University by the author himself in 1933. At the time, the Great Depression had taken hold, prompting new methods to be utilized by President Franklin Roosevelt. There would have been many books providing prescriptions and cures to the plague of the Great Depression of … Continue reading

Critique of Rational Choice Theory

Critique of Rational Choice Theory

The end of World War Two led to the extensive use of rational choice theory in economics. As defined by Scott (2000, 1), rational choice theory (RCT) is “the idea that all action is fundamentally ‘rational’ in character and that people calculate the likely costs and benefits of any action before deciding what to do.” … Continue reading

Campaign Finance: Does it really work?

Mitt Romney must feel on top of the world! On April 4th, he won Wisconsin, Maryland and DC primaries. He is also at the point where it is getting increasingly likely that no other candidate will catch him on the road to the presidential nomination. However, the Christian conservative Rick Santorum has waged a courageous … Continue reading