125 days ago by Jason Welker

FT.com / Asia-Pacific / India - Camel demand soars in India In a principles of economics course such as AP or IB Econ, we learn about the determinants of demand. I teach my students the acronym “TOEISS”, which stands for consumer tastes, other related goods’ prices, expectations, income, size of the ...

Welker's Wikinomics Blog - welkerswikinomics.com/blog · 17 references

130 days ago by Jason Welker

Clinton thinks suspending the gas tax for the summer is good for Americans. She says that any revenue lost can be made up for by taxing the profits of oil companies. Obama thinks it will cause more harm than good to the economy. He says the $9 billion of government revenue foregone could have done m ...

Welker's Wikinomics Blog - welkerswikinomics.com/blog · 17 references