Category Archives: Economy

The Real “Truth About the Economy:” Have Wages Stagnated?

Prof. Don Boudreaux responds to “The Truth About the Economy” (http://lrnlbty.co/z0ACuH), a recent video featuring former Labor Secretary Robert Reich. In the video, one of Reich’s key points is that most people’s wages have barely…

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New pill with ingestible microchip monitors you from the inside

Soon, patients will be able to buy smart pills that have tiny ingestible sensors that can help track their medication use. Um, the call is coming from inside the house?

Patients not taking their meds as prescribed cost the US…

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Investment tips for 2012

With all the turmoil in the market today and the collapse of Lehman Bros and the acquisition of Merrill Lynch by Bank of America this might be some good advice.

For all of you with even any money left, be…

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Gizmos and Gadgets

THE ANNUAL CONSUMER ELECTRONICS SHOW (CES) just wrapped up in Las Vegas and, as usual, it featured a dazzling array of must-have new gizmos and gadgets that will likely show up in your hand or in your family room sometime…

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The Markets

The U.S. became a member last August and, now, so has most of the eurozone. Unfortunately, it’s not a club you want to join.

Late last week, Standard and Poor’s (S&P) announced it was downgrading the credit rating of…

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Capitalism and the Family

Prof. Steve Horwitz discusses the relationship between capitalism and the family. Prior to capitalism, the primary purpose of families was production. Capitalism was the first economic system to enable individuals to form various types of associations, generating a more dynamic…

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Hope for infertile men: Breakthrough as scientists grow sperm outside the body

  • Mouse sperm successfuly grown in dish
  • Team working ‘as quickly as possible’ to recreate result in humans
  • Scientists believe it will be possible

Researchers in Germany and Israel were able to grow mouse sperm from a few

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The Year in Review

“Much Ado About Nothing” is one of Shakespeare’s famous comedies and, surprisingly, the title succinctly summarizes the U.S. stock market in 2011.

There was “much ado” during 2011 as we experienced one of the most volatile years on record. For…

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More middle-class Iowans hitting food banks

The Iowa caucuses are just days away. Jobs and the economy have dominated the campaign there — even though the state’s unemployment rate is nearly three percentage points below the national average. More Iowans, who’ve never done it before are…

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Scientists unveil the world’s smallest computer that is just 1 SQUARE MILLIMETRE

Scientists have created the world’s smallest computer system to help treat glaucoma patients.

At just one square millimetre in size, the tiny device is a pressure monitor that is implanted in a person’s eye.

It may be small but it…

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