Economics @ ITT

Where Does Money Come From?

Posted in economics by ittecon on June 23, 2015

“What is money? How is it created? How does it enter into circulation? These are simple and vital questions it might seem, but the answers remain contested and often muddled.”

via Where Does Money Come From? – Positive Money (BSD).

The land tax: What happened to towns that tried Georgism.

Posted in economics by ittecon on May 17, 2015

More than a century ago, Henry George proposed a property tax he hoped would remedy inequality. Here’s what happened to a town that tried it.

via The land tax: What happened to towns like Fairhope, Alabama, that tried Georgism..

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I’ve Been a Prostitute for Almost 10 Years—Here’s How I Feel About It

Posted in economics by ittecon on April 22, 2015

It seems that stigmatising sex workers can do more damage to their self-esteem than the sex work itself.

I think I’ve internalized the societal hatred of sex workers. I am embarrassed to be a sex worker, even though I like my job, I’m good at it, and I’ve made exceptional progress in my career over the past few years. Despite all my accomplishments, I feel like a loser. Sometimes I jokingly refer to myself as a “whore” or a “hooker” to try to re-claim these derogatory terms, but I often find myself thinking of myself as “just a whore.”

via I’ve Been a Prostitute for Almost 10 Years—Here’s How I Feel About It | Alternet.

Last Week Tonight with John Oliver: Municipal Violations (HBO)

Posted in Uncategorized by ittecon on April 21, 2015

If you have money, committing a municipal violation may pose you a minor inconvenience. If you don’t, it can ruin your life.

via Last Week Tonight with John Oliver: Municipal Violations (HBO) – YouTube.

Choosing the Right Form of Capitalism | Tim MacDonald | LinkedIn

Posted in economics by ittecon on April 15, 2015

A 3-D View of the Yield Curve

Posted in economics by ittecon on March 18, 2015

Check it out. An interesting almost interactive yield curve.

A 3-D View of a Chart That Predicts The Economic Future: The Yield Curve – NYTimes.com.

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How SiriusXM Can Hold Onto Its Cash Cow, Howard Stern

Posted in economics by ittecon on March 11, 2015

Hiring great people is important, we all know that. In fact, if you have to overpay for anything in business, it should be on the absolute best people, as they will have more of an effect on a company’s success than anything else.

via Keeping Howard Happy: How SiriusXM Can Hold Onto Its Cash Cow.

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Libertarians Are Clueless About the ‘Free Market’ They Worship

Posted in economics by ittecon on March 8, 2015

‘[I]n the world where we actually live, markets do not produce the “right” price.’

It’s Bizarre: Libertarians Are Clueless About the ‘Free Market’ That They Worship | Alternet.

The Psychological Difference Between $12.00 and $11.67 – The Atlantic

Posted in economics by ittecon on February 3, 2015

Men want commitment when women are scarce

Posted in economics by ittecon on January 15, 2015

I don’t have time to comment on this at the moment, but I felt it worthy of sharing. Does demand-supply economics apply to relationships? It seems to me that perception plays a large role, and girlfriends are hardly homogeneous, so there is a large behavioural element.

Men want commitment when women are scarce — ScienceDaily.