Jacqueline Otto

3 Ways Inflation Affects Dating

Jacqueline Otto — Tue, 07 Feb 2012 13:00:12 +0000

3 Ways Inflation Affects Dating Inflation is an increase in the overall level of prices. The classic example of hyperinflation is Germany in 1923, when prices increased an average of 500 percent per month. “Inflation is always and everywhere a monetary phenomenon.” Milton Friedman Well, not to disagree with the Nobel Prize winning economist, but …

Laffer Curves of Dating

Jacqueline Otto — Fri, 03 Feb 2012 14:00:17 +0000

Laffer Curves of Dating This is a reader recommended blog! J.W. Isaacs‘ recommendation was to use a Laffer Curve and “replace tax % on the x axis with expectations and replace tax revenue with results.” This is the Laffer Curve The basic lesson is that there is an optimum tax rate for government revenues before …

The Need to Utilize Multiple Dating Models

Jacqueline Otto — Tue, 31 Jan 2012 12:00:38 +0000

The Need to Utilize Multiple [Dating] Models Today, we bring in the big guns. “Although Economists use models to address all these issues, no single model can answer all questions. Just as carpenters use different tools for different tasks, economists use different models to explain different economic phenomena. Students of macroeconomics, therefore, must keep in …

Supply and Demand Haikus

Jacqueline Otto — Fri, 27 Jan 2012 17:33:09 +0000

Supply and Demand Haikus Professor Carden’s haikus are, The Law of Supply: All else held constant Quantity supplied goes up When the price rises. The Law of Demand: All else held constant Quantity demanded falls When the price rises. Dating Lesson There are plenty of “dating lessons” that can be extrapolated from the economic laws …

Two Ten, Net Thirty

Jacqueline Otto — Fri, 27 Jan 2012 16:45:29 +0000

Two Ten, Net Thirty In business, “two ten, net thirty” is a common agreement. It means that if a I bought something from you, the buyer (me) would get a 2 percent discount if I pay the total balance within ten days. If I don’t have the cash in time to make the discount period, …

Net Worth

Jacqueline Otto — Thu, 26 Jan 2012 19:29:11 +0000

Net Worth The accounting equation is, Assets = Liabilities + Equity Using algebra, we can move that around a bit. Equity = Assets – Liabilites When looking at personal wealth, “equity” is better called “net worth.” Net worth = Assets – Liabilities Dating Lesson OBVIOUSLY, a person’s value is not determined by their net worth. …

2011 Year in Review: Books

Jacqueline Otto — Tue, 10 Jan 2012 00:27:06 +0000

2011 Year in Review: Books In 2010, I set a New Years goal of reading 30 books excluding textbooks. I read 42, totaling 10,697, pages and about 3,744,000 words. So for 2011 I upped my goal to reading 40 books excluding textbooks. The textbook distinction is important as I am a graduate student. Also, if you are …