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This article is interesting due to the fact that it provides an overview of the changes in taxes in the United States. It is also interesting how taxing Cannabis will affect the market for it and the economy of the states.

This article discusses the duopoly in the telecommunication industry here in the UAE, Etisalat and Du. the article clearly points out the fact that both companies over charge, stating that internet here costs 50% more, when compared to internet pricing in the UK. This market was a monopoly, dominated by Etisalat but the entering of DU is said to be rapid and thus they are suffering from some diseconomies of scale. The way the article concluded was quite interesting as it stated that the Abu Dhabi government subsidized it's airline industry so that people could visit and enjoy lower rates, and then says it should keep the broadband cost more competitive so that it can attract the companies of tomorrow

This article refers to aggregate demand in 2010 and it states that India's fiscal and monetary policies had saved India from slipping onto another recession. Firstly the article states that India relies heavily on domestic demand because it cannot heavily rely on export and therefore they needed the measures to increase aggregate demand. This increase in aggregate demand, even though it has not been mentioned, can be assumed to shift the demand curve to the right and therefore more real output is demanded at every price level.

This article discusses the merger of American Airlines and US Airways. It states that when this merger is completed, they will then have the control of 75% of the market, making the market an oligopoly. This decision is met with skepticism, with the constant question being asked "So I'll ask again, is there one, just one, example of deregulation working in consumers' favor?" It brings in the opinion of a Harvard professor who states that we have been enjoying low fares for years now.

This article discusses how oil is becoming an inelastic good. Although people can arrange their lives to reduce their consumption of oil, quickly there comes a point where it is not possible to purchase a smaller amount of oil. Oil would definitely be considered an essential good.

The article evaluates elasticity in terms of oil supply and demand. it states that there are still untapped oil reserves which are more expensive to obtain and requires more time. As a result, oil is becoming less elastic. it talks of possible ways of reducing oil consumption such as public transport or getting a more fuel efficient vehicle which is unlikely as it is expensive. it also evaluates the the elasticity of supply. it talks off how suppliers need a minimum price/barrel in order to keep a balanced budget so suppliers are reluctant in increasing supply in order to reduced the prices. It provides data over a 10year time period which analyses the oil consumption and supply of oil in terms of different uses and change in costs. It also relates it to the recession stating that job loss has lead to less people commuting decreasing demand and increasing price

This article states that "the federal government [of the United States] redistributes less income than it used to." It also states that there are "a variety of indirect ways" to redistribute income, an example of which is minimum wage.

Money has become virtual with the introduction of virtual currencies such as bitcoin and ripple. Through sites such as bitcoin and ripple, which were the forerunners for online currencies, people can invest, transfer and convert money on the web with ease. It is simple and efficient. It is similare to an online bank. Bitcoin producer states that he made bitcoin to provide a more efficient "way to send money around the world". True to his word, it is efficient. A person interested in sending money online can open a bitcoin account. The individual would than transfer the amount of money he/she wishes to send to his account and send it to the designated individual person or place. Of course this transaction is not free, it requires bitcoins. A bitcoin is essentially 1/1000 of a penny. Amazing right. However, virtual currency is not real. If the police and government decide to crack down , the system will have to shut down. But for the most part, it seems they dont have the intention to.

Money has become virtual with the introduction of virtual currencies such as bitcoin and ripple. Through sites such as bitcoin and ripple, which were the forerunners for online currencies, people can invest, transfer and convert money on the web with ease. It is simple and efficient. It is similare to an online bank. Bitcoin producer states that he made bitcoin to provide a more efficient "way to send money around the world". True to his word, it is efficient. A person interested in sending money online can open a bitcoin account. The individual would than transfer the amount of money he/she wishes to send to his account and send it to the designated individual person or place. Of course this transaction is not free, it requires bitcoins. A bitcoin is essentially 1/1000 of a penny. Amazing right. However, virtual currency is not real. If the police and government decide to crack down , the system will have to shut down. But for the most part, it seems they dont have the intention to.

There is a taboo word in the state of Oregon, it's 'sales tax'. The people of this state have rejected sales tax nine times, and the government does not know what to do about it. Politicians are also scared from the word 'sales tax' because if any of them was for it, it would mean suicide for the political party.

This article is about how New Jersey's state law that states that prohibits businesses from raising their prices more than 10 percent. This law is ruining business after the Hurricane Sandy. There should be a natural price increase due to the fact that there is less supplies, but this law prohibits that so supplies is being drained.

This article evaluates whether or not energy a public good. it goes through the history of energy and states that it was viewed as a marketable public good. It gave the Rural Electrification Act of 1936 as an example of the government providing cheap electricity to rural areas. It compares electricity and energy to health stating that healthcare is a pure public good. It introduces and talks of a debate on this subject.

This article speaks about a trending topic her in the US which is that of increasing the minimum wage from $7.50 to $9.00 or just around that. This would be a step in the right direction because it would increase the nation's overall per capita salary. What is also interesting is that the minimum wage in the united states is not adjusted to the rate of annual inflation (3%), only ten states are the wages adjusted. The bill in congress would include after a certain time that the wages start to be adjusted with inflation annually.

This article is interesting due to the fact that it not only states the economic growth of Chile, but it lists the reasons for the changes. It mentions demand and its role as well which is interesting

The Japanese automobile maker Nissan announced a couple years ago its plans for a new completely electric car, the Nissan Leaf. However, sales in the United States have been fairly low, only selling 10,000 of the cars in 2012. The reason for the small amount of sales is believed to be caused by its high price, due to an expensive and large battery back in the car, and the fact that the car has a small 80 mile range. In hopes to increase sales, the company is beginning to start production here in the United States. Producing the product closer to where it will be purchased will reduce production costs for the company, allowing it to decrease the price of the car and leading, hopefully, to an increase in demand.

Nissan is opening up a production plant in the U.S. to produce their car, the Leaf electric car. This is the first production plant. The short term is the building of the plant, which should decrease unit costs because they will no longer need to transport the cars to the U.S. The long term is the plan to create new technology to improve the car (battery, charging, etc.) and hopefully increase the demand, which could reduce unit costs even further. 

This article updates us on the latest news about the inflation in the UK. It states that the inflation rate is already up to 2.8%. It also states that the percentage is likely to go over the 3% mark later this year.

China government's power over state companies and how they are monopolizing the Chinese or international market.

The Russian government is holding debates on whether to allow private oil companies to begin exploring for oil in the oil rich arctic shelf. Russia is holding these debates because it does not have the resources to properly explore and drill at the rate that it wants to. Donsky warms that only in 2030 will Russia see any profit if they continue at the same tempo.

This article states that the demands for cds and dvds are decreasing due to the fact that there are much more downloading through the internet. It also states that one of the reasons for this is that people rather just download one or two songs from an album instead of going to a music store and buying the whole album. Musi producers are still being persistent by saying that the true fans will be willing to go and buy the whole album.

This article talks about import restrictions to protect the olive oil industry in the United States. They are lobbying the government to put stronger restrictions on olive oil imports so that their internal industry, domestic market, can thrive. They are also accentuating the promotion of their domestic product in the market

A new report from the Census Bureau shows that despite signs that the economy is improving in the United States, including dropping unemployment and increasing economic growth, the distribution of income in the country remains the same. Gains have been made for the top 5% of earners yet many others remain reliant on government aid. This brings up an important issue regarding what economic growth actually means for the people of a country. Although the economy may be expanding, the standard of living for struggling families may not be improving.