700 Billion Dollar Bailout and Bernanke

I have great respect for the Federal Chairman, Professor Bernanke. I understand the fact that he’s proposing the 700 billion dollar bailout to protect a tool of regulating the economy. The only reason why I think an economist might even think about bailing out a bank should be for personal profit, or because he honestly …

AIG and Banks, Bad Precedent?

Economically speaking, I understand why Bernanke might make a move to save banks, due to the fact that banks are critically tied into the economic tool of monetary policy. Not to mention the fact that a lot of companies, business, and the liquidity of the economy can be impacted by a big bank’s disappearance. That …

Why Writing Free Apps Make Economical Sense

The web is becoming more and more populated web applications. We have social networking tools, we have web-based email clients, even web-based Microsoft office, and last but not least, we have a super powerful repository of knowledge (Google). What do all these web apps have in common? They’re all free. The great thing about a …