Tag Archives: Economy

The Feeble Role of Government to Stimulate Small Business

The news is filled with quotes from government officials exposing the critical role small business play in our economy. Articles talk about the billions in government dollars directed toward supporting small businesses. However, before you stake your claim on these funds, you should understand the assumptions the government has an about small business. Having made several trips to Washington D.C. to [...]

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Why Advertising Is Dying In the Long Tail Marketplace

In the old days, companies would do extensive research to try to predict what the market would buy. Once they felt that they had a good idea about what would sell and how much of it they would need, they would build a product line to produce it and develop a strategy to deliver it. Once they could offer the [...]

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The Long-Tail Economy

Our economy is shifting from a few mass markets to millions of small niche markets. Technology, such as the internet and sophisticated search engines, has made it is easier for consumers to find and buy niche products. Traditional retail stores only stock items that appeal to mass markets because shelf space is limited an expensive. That said, online retailers, such [...]

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Macroeconomic Forces and the Business Model Canvas

The next and final environmental forces block is “Macroeconomic Forces.” This section is used to determine if your business model can adjust to macroeconomic shifts. This is where keeping up with current events is important. In addition to watching the world and local news programs each day, I use an internet news aggregator that searches various news sources and delivers [...]

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Federal Government Overreach

AmtrackAs the federal government grows, it creates incredible drag in the economy. Federal agencies were initially enacted to protect the consumer from bad actors, but has expanded its reach to protect the consumer from the consumer. Each time some undesirable event occurs, it creates an imperative to create yet another federal [...]

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Public Schools Are Broken

We all know that schools exist to teach our kids. However, what they teach may not be what you think. The first schools in America were created in New England and primarily taught religion. However, while schools have evolved to teach reading, writing, math, and science, they still teach values to our children. Classrooms have always been a way to [...]

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Primary vs. Secondary Employers

An important distinction to be made, which has significant implications to a city's ecosystems, is the distinction between primary and secondary employers. Primary employers are industries that produce more goods and/or services that can be consumed by the local economy and therefore export a significant portion of them.City officials and many investors focus their attention on primary employers because the revenue [...]

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McDonald’s Economic Bellwether

Increases in the cost of living affect low income households much more than higher income households. Therefore, the effects of our government's monetary policies to control the cost of living are most visible at locations where low income households shop, such as McDonald's. If low-income households have the less discretionary income to [...]

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Is Taxing The Rich Sound Economic Policy?

Taxing the rich reduces the relative incentives and encourages more coasters. In school smarter people should not get a harder test simply by the virtue that they work harder than the slackers that do not study. We should reward people for risking their personal capital to start a business that creates employment. Rewarding lucky risk takers to take more risks [...]

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