Skip to main content

Home/ AP/Honors Econ Make Up Discussion Articles/ Group items tagged economist

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
bparksj28

Corporate tax avoidance: The price isn't right | The Economist - 0 views

www.economist.com/...corporate-tax-avoidance

tax price right economist

shared by bparksj28 on 21 Sep 12 - No Cached
  • bparksj28 on 21 Sep 12
     
    Good stats on corporate tax avoidance
bparksj28

Arctic ice: Now you don't | The Economist - 0 views

www.economist.com/21563278

economist fortune arctic ocean vanishing

shared by bparksj28 on 23 Sep 12 - No Cached
  • The summer sea ice is shrinking so much mostly because greenhouse warming is raising Arctic temperatures. This has direct effects: when the air is warmer, more ice melts. It also has indirect effects. Warm, salty water from the North Atlantic sliding below the cold, fresh upper layers of the Barents Sea may be one of them. Another could be that warmer air is often moister. Moist air traps more heat in summer. In winter it tends to create more clouds, which keeps the surface below warm.
  • ice-albedo effect:
  • The melt is happening much faster in reality than it does in computer programs.
  • ...3 more annotations...
  • The effects in the Arctic, on fisheries and trade, may be easier to measure.
  • On the other side of the ocean the Parry Channel, a part of the Northwest Passage which has been ice-free in previous years, this year stayed resolutely impassable.
  • Such quirks will make the Arctic an unpredictable place to work. But if the details are tricky, the big picture is clear. Clear as an open ocean.
bparksj28

Legalising marijuana: The view from Mexico | The Economist - 0 views

www.economist.com/...legalising-marijuana

marijuana view mexico economist

shared by bparksj28 on 06 Nov 12 - No Cached
  • AMERICAN elections are watched closely in Mexico, which sends most of its exports and about a tenth of its citizens north of the border.
  • On the same day, voters in Colorado, Oregon and Washington will vote on whether to legalise marijuana—not just for medical use, but for fun and profit.
  • he impact on Mexico could be profound. Between 40% and 70% of American pot is reckoned to be grown in Mexic
  • ...15 more annotations...
  • the American marijuana business brings in about $2 billion a year to Mexico’s drug traffickers.
  • That makes it almost as important to their business as the cocaine trade, which is worth about $2.4 billion.
  • Many Mexicans therefore wonder if America might consider a new approach. Felipe Calderon, the president, has said that if Americans cannot bring themselves to stop buying drugs, they ought to consider “market alternatives”, by which he means legalisation. Vicente Fox and Ernesto Zedillo, the two previous presidents of Mexico, have reached the same conclusion.
  • About 60,000 have been killed by organised crime during the past six years. Thousands more have disappeared.
  • In Mexico relatively few people take drugs. But many are murdered as a result of the export business.
  • Would Mexico’s bandits find themselves undercut by “El Cártel de Seattle”?
  • Mexico’s traffickers would lose about $1.4 billion of their $2 billion revenues from marijuana.
  • The cost of illegally transporting the drug adds about $500 per kilo for every thousand kilometres that the drug is hauled, it calculates, based on the fact that pot gets pricier the further you get from the Mexican border
  • So smuggling legal Washington dope to New York, for instance, would add about $1,900 to the cost of a kilo, giving a total wholesale price not much below $4,000.
  • That would make it more expensive than imported Mexican pot. But home-grown marijuana is much better quality than the Mexican sort. The content of tetrahydrocannabinol (THC), the part that gives you the giggles, is between 10% and 18%, whereas in Mexican pot it is only about 4% to 6%.
  • Once you adjust for quality, Washington pot would be about half the price of the Mexican stuff, even after it had made its expensive illegal journey to New York.
  • It calculates that the cost of growing marijuana legally is about $880 per kilo. Adding on a decent mark-up, plus the taxes that would be applied, it puts the wholesale price of Washington marijuana at just over $2,000 per kilo.
  • the Sinaloa “cartel” would lose up to half its total income,
  • . Exports of other drugs, from cocaine to methamphetamine, would become less competitive, as the traffickers’ fixed costs (from torturing rivals to bribing American and Mexican border officials) would remain unchanged, even as marijuana revenues fell.
  • Legalisation could, in short, deal a blow to Mexico’s traffickers of a magnitude that no current policy has got close to achieving. The stoned and sober alike should bear that in mind when they cast their votes on Tuesday.
bparksj28

Economics: Micro stars, macro effects | The Economist - 0 views

www.economist.com/...tter-micro-stars-macro-effects

economics micro stars macro effects

shared by bparksj28 on 28 Nov 12 - No Cached
  • bparksj28 on 28 Nov 12
     
    Must Read during Micro
bparksj28

Higher education: Not what it used to be | The Economist - 0 views

www.economist.com/...ney-their-students-not-what-it

college costs opportunity article economist

shared by bparksj28 on 03 Dec 12 - No Cached
  • bparksj28 on 03 Dec 12
     
    Great article about Higher Education in United States
bparksj28

Predicting re-elections: Follow the data | The Economist - 0 views

www.economist.com/21564592

data economist elections prediction obama

shared by bparksj28 on 12 Oct 12 - No Cached
  • bparksj28 on 12 Oct 12
     
    Predicting Elections - interactice graph relating GDP, unemployment, and disposable income
1 - 20 of 53 Next › Last »
Showing 20▼ items per page