Microsoft to take over Nokia's iconic headquarters next year by: PTI nov. 21, 2013 the economic times
Microsoft will be taking over Nokia's headquarters by march in 2014, this will cause Nokia to reallocate their employees to another facility and will open up more job opportunities in the tech market. By doing this microsoft will be taking the deal for the building from another real estate company, this is part of Nokia's plan to get out of the hole that Apple and Samsung have dug for them in the cell phone business. I think that doing this will be good for the economy because it will hopefully make the cell phone market much more competitive and help get the best prices for consumers.
http://economictimes.indiatimes.com/tech/hardware/microsoft-to-take-over-nokias-iconic-headquarters-next-year/articleshow/26151915.cms
Thursday, November 21, 2013
Monday, November 11, 2013
Google glasses
Google glasses - wearable technology and its impact on business by: Tim Bennett Sept. 3 2013
This article talks about the new glasses that Google is making, it talks about the ways that different companies will be able to use it so that their operations will be more efficient. It also tells about how this new technology will help consumers by letting them compare products and prices easily while they are shopping. I think that these glasses can have a relatively large impact on the economy because they can help companies by making their operations more efficient, they can help consumers find the best prices and they will provide competition for smartphones and laptops by offering a small device that has the same capabilities as a laptop.
http://www.mycloudmedia.co.uk/blog/google-glass-wearable-technology-impact-business/
This article talks about the new glasses that Google is making, it talks about the ways that different companies will be able to use it so that their operations will be more efficient. It also tells about how this new technology will help consumers by letting them compare products and prices easily while they are shopping. I think that these glasses can have a relatively large impact on the economy because they can help companies by making their operations more efficient, they can help consumers find the best prices and they will provide competition for smartphones and laptops by offering a small device that has the same capabilities as a laptop.
http://www.mycloudmedia.co.uk/blog/google-glass-wearable-technology-impact-business/
Friday, November 1, 2013
Brazil and the Olympics
Will Brazil be left counting the cost of the World cup and the Olympics by: Johnathan Watts, Theguardian June 11 2013
The coming of the Olympics and the world cup are two very large expenditures for Brazil's government as they try to prepare for these large international events, but can they help the economy? By bringing the world spotlight to rest on Brazil, the country expects their economy to be able to take advantage of this, they hope that it will help by accelerating investments in infrastructure and lifting their governance and local businesses to an international level. However their plans may be short lived since they are building these large stadiums for a single use and the cost of the setup is predicted to be between 13.5 billion and 18 billion dollars and their only source of compensation will be from tourism which is expected to only recoup a fraction of the cost. I think that they shouldn't spend so much money on these events because it wont bring that much attention to the country and it will have a negative effect on the people who will have to be relocated and have their lives disrupted.
http://www.theguardian.com/global-development/2013/jun/11/brazil-counting-cost-world-cup-olympics
The coming of the Olympics and the world cup are two very large expenditures for Brazil's government as they try to prepare for these large international events, but can they help the economy? By bringing the world spotlight to rest on Brazil, the country expects their economy to be able to take advantage of this, they hope that it will help by accelerating investments in infrastructure and lifting their governance and local businesses to an international level. However their plans may be short lived since they are building these large stadiums for a single use and the cost of the setup is predicted to be between 13.5 billion and 18 billion dollars and their only source of compensation will be from tourism which is expected to only recoup a fraction of the cost. I think that they shouldn't spend so much money on these events because it wont bring that much attention to the country and it will have a negative effect on the people who will have to be relocated and have their lives disrupted.
http://www.theguardian.com/global-development/2013/jun/11/brazil-counting-cost-world-cup-olympics
Friday, October 11, 2013
reimbursement cuts to doctors
Matthew Rushing
How insurance exchanges will affect doctor's incomes
by: Leigh Page July 10 2013
Due to the new "affordable care act" doctors may face substantial cuts in their pay checks. Since the ACA passed doctors must now accept new patients and exchange patients, by doing this doctors lose 30%-40% for reimbursement from the insurance companies that they work with now. I think that cutting the pay of doctors is not right, doctors now have to deal with more paperwork per patient and they are facing pay cuts. I think that it is not right that our doctors who work hard and save and change lives every day should have to face pay cuts on 30%-40%, let me know what you think.
How insurance exchanges will affect doctor's incomes
by: Leigh Page July 10 2013
Due to the new "affordable care act" doctors may face substantial cuts in their pay checks. Since the ACA passed doctors must now accept new patients and exchange patients, by doing this doctors lose 30%-40% for reimbursement from the insurance companies that they work with now. I think that cutting the pay of doctors is not right, doctors now have to deal with more paperwork per patient and they are facing pay cuts. I think that it is not right that our doctors who work hard and save and change lives every day should have to face pay cuts on 30%-40%, let me know what you think.
Friday, October 4, 2013
Effects of the government shutdown
The economic consequences of the government shutdown by: Matthew O'Brien oct. 2 2013 the Atlantic
The consequences of this government shutdown may not be large but they are definitely larger than we think, right now the direct consequences are mainly felt by the government workers who have been put into a state of furlough which cuts down on the GDP by .15 percent to .2 percent. The government may not pay the government workers on furlough back pay which may result in a more drastic affect on their individual households. I think that this whole government shutdown is bad for the economy and it is unfair to the unessential government workers because our government should have passed a budget and now the workers are suffering due to the governments mistakes.
Matthew Rushing
http://www.theatlantic.com/business/archive/2013/10/the-economic-consequences-of-the-government-shutdown/280206/?scrlybrkr=bad4cd1a
Friday, September 27, 2013
Obamacare
Matthew Rushing
Despite Government assurances, some could see insurance costs soar under Obamacare By: Jim Angle published September 27th 2013, FoxNews.com
In three days we will know if Obamacare will pass or be turned down, many in the government say that it will help everyone and lower insurance costs, but this article says otherwise. In the debates about Obamacare they told us that rates would go down but they cherry picked their facts to only cover those who are in the low income bracket, the new laws make many more things mandatory for the insurance companies to cover which will actually raise the rates on many middle income people, costs may soar up to 99% for men and 55% for women. Studies also show that there may be a shocking rise in deductibles even for the cheapest plan deductibles may reach 6,000 dollars. I think that this will be devastating to our economy because it will cause many people to have to spend much more of their income on insurance and possibly go into more debt and reliance on the government.
http://www.foxnews.com/politics/2013/09/27/despite-administration-assurances-some-rates-may-soar-under-obamacare/?scrlybrkr=313f0e50
Despite Government assurances, some could see insurance costs soar under Obamacare By: Jim Angle published September 27th 2013, FoxNews.com
In three days we will know if Obamacare will pass or be turned down, many in the government say that it will help everyone and lower insurance costs, but this article says otherwise. In the debates about Obamacare they told us that rates would go down but they cherry picked their facts to only cover those who are in the low income bracket, the new laws make many more things mandatory for the insurance companies to cover which will actually raise the rates on many middle income people, costs may soar up to 99% for men and 55% for women. Studies also show that there may be a shocking rise in deductibles even for the cheapest plan deductibles may reach 6,000 dollars. I think that this will be devastating to our economy because it will cause many people to have to spend much more of their income on insurance and possibly go into more debt and reliance on the government.
http://www.foxnews.com/politics/2013/09/27/despite-administration-assurances-some-rates-may-soar-under-obamacare/?scrlybrkr=313f0e50
Friday, September 20, 2013
This week in class
Matthew Rushing
This week in economics we learned about businesses and many things concerning the governments involvement in economy. First we learned about different business types and looked at the pros and cons of different business setups. Then we went on to learn about public vs. private goods where we learned that goods that if all the benefit comes from the consumer and the producer bears all the cost then it is a private good, and then we learned that if people who don't cover the cost of a product that they benefit from then it is a public good. We also learned that if there is a public good that we have deemed necessary or very helpful then the company may get a subsidy. I disagree with most of our government subsidies because they all tend to be given to the companies that have good lawyers not the companies that actually need subsidies to survive.
This week in economics we learned about businesses and many things concerning the governments involvement in economy. First we learned about different business types and looked at the pros and cons of different business setups. Then we went on to learn about public vs. private goods where we learned that goods that if all the benefit comes from the consumer and the producer bears all the cost then it is a private good, and then we learned that if people who don't cover the cost of a product that they benefit from then it is a public good. We also learned that if there is a public good that we have deemed necessary or very helpful then the company may get a subsidy. I disagree with most of our government subsidies because they all tend to be given to the companies that have good lawyers not the companies that actually need subsidies to survive.
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