April 2008

Commodity Fetishism

In 1867 Karl Marx published perhaps one of his most important works on political economy and capitalism titled “Capital”. In this work Marx chooses to introduce the fetishism of commodities in the first chapter. Based on this placement it is …

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Sony EyeToy – Harvard Case

Being that SCEE is responsible for the highly successful EyeToy product, it is now faced with several challenges surrounding maintaining that success, creating an ongoing market for future EyeToy software, and commercializing the hardware/software and marketing it cost-effectively. Specifically, SCEE …

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Our Fallen Heroes

Teacher’s Summary

Grade: A

Billy Thompson’s speech captures the essence of Memorial Day by paying tribute to the sacrifices of fallen soldiers. He effectively uses personal anecdotes and historical references to draw parallels between the teamwork and dedication required in …

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Stirling Engine Overview

Of all of the heat engines developed today the Stirling engine has the greatest promise to be the most efficient. Theoretically, the Stirling engine has the ability to function at the full Carnot efficiency. However friction, thermal conductivity and other …

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The Four Market Structures

Economists group industries into four distinct market structures: pure competition, pure monopoly, monopolistic competition, and oligopoly (McConnell & Brue 2004). Understanding the different market structures will help to understand how price and output are determined and will also help to …

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