Day: March 1, 2009

  • When Average People Experience Hard Times

    Winston Churchill once said, “A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” Now Churchill would enjoy the following three stories of average men going through tragic accidents and hard times. The three stories are: “Willing to Pay the Price”, “Yes, You Can”, and “The Cowboy’s Story”. These…

  • Summary of “How Biofuels Could Starve the Poor”

    In the article, “How Biofuels Could Starve the Poor,” authors C. Ford Runge and Benjamin Senauer capture the ideas that biofuels could cause unfavorable consequences for the world’s poor. Converting a percentage of the world’s corn crop into biofuels is a resourceful way to moderate the country’s precarious reliance on imported oil which will then…

  • Macroeconomic Impact on Business Operations

    Macroeconomic Impact on Business Operations The Federal Reserve Board uses tools to control the money supply in the United States, which are open-market operations, the reserve ratio, and the discount rate. These tools influence the money supply and affect macroeconomic factors, which I will discuss in detail. I will also explain how money is created…

  • Roger Bannister – 4 Minute Mile

    Doctors and scientists said it was impossible. “Man could not run a mile in less than 4 minutes! He would die in the foolish attempt. It was an impossible dream.” 24 year old Roger Bannister endured thousands of monotonous laps to prove it wrong. To date 955 runners have achieved the impossible dream accomplishing the…