Category : Economics

Bitcoin and the question of competing currencies

There has long been a debate about the option of governments allowing concurrent, or competing, currencies. The reason for this debate stems from the theory that such concurrent currencies would, through the market pressures of competition, lead to a more sound money system and more stable currencies in the long run. This advocate view is held most strongly by Austrian Economist Friedrich Hayek. The general argument states that since currencies would be allowed to compete, just as any other good, […]

State Efficient and Clean Energy Incentives: Effect on Natural Gas Consumption

Over the past several years, U.S. governing bodies from the federal to the municipal level have imposed various financial incentives to promote the use of efficient and clean energy sources. These incentives range from tax breaks, special financing, and rebates to make these products the first option for consumers rather than a pricey alternative. Alternative energy sources and efficient equipment aren’t cheap and maintaining these programs isn’t either. Between 2005 and 2008, the state of California spent over 2 billion […]

Sea Snake Speech – Green Technologies Pelamis System

Sea Snake Speech The green movement – though faltering slightly due to the recent economic struggles – has been a go-to topic for reporters for some time now.  Most of the articles on the matter focus on the new Green Technologies that are going to end our oil addiction and stop global warming.  Being such a pertinent topic major media outlets often accommodate their reporting to be more appealing to broader audiences.  On March 2007, Jason Margolis reported on a […]

The Sony Shortage of 2009

The PlayStation has been around since the early 1990’s is one of the most recognizable gaming devices on the market since it first started being produced. They sold millions of devices through varies upgrades of the product. In 2006 the makers started to manufacture and produce the PlayStation 3 (PS3). This product has plenty of different factors that could be taken into account when determining the supply and demand curve. In June 2009, Sony, the producers of the PlayStation, announced […]