Dynamic pricing, long the norm for airline tickets — the same computer-generated practice responsible for hour-to-hour price shifts for hotel rooms and goods sold on Amazon.com — has come to bear on the nation's housing markets. Day-to-day increases and decreases, worth hundreds of dollars, are not out of the ordinary in many rental markets. Society …
Continue reading Early Signs of a Rental Market Bubble: “Grab That Apartment Before the Rent Spikes”
New Year's Day 2015 marked the 20th anniversary of NAFTA's implementation. The North American Free Trade Agreement became infamous when independent presidential candidate Ross Perot remarked in 1992 that the passage of NAFTA would create a "giant sucking sound" of American jobs lost to Canada and Mexico. NAFTA, however, is hardly in history's rear-view mirror. It …
Continue reading Fast Track Push for Trans-Pacific Partnership Implies it’s a Raw Deal
She's the world's wealthiest woman you've never heard of and she's saying something you probably wish you hadn't: "Gina Rinehart, world's richest woman, makes case for $2-a-day pay",the Los Angeles Times reports. The Australian mining heiress has a problem. The cost of running a mining operation in Australia cannot compete with Africans willing to work …
Continue reading Coming Soon? Brace for 80% Less Salary or $2-a-Day Pay