Oil companies say that demand will never be the same and that refinery cutbacks are necessary to boost sagging profits. Meanwhile, more cash-strapped shoppers are looking to save money and time shopping online. What do these seemingly separate trends have to do with one another? A lot more than you might think. Learn why e-commerce may contribute to increasing fuel prices, inflation and a retail landscape of tomorrow that hardly resembles anything we know today.
Tag: economists
American Competitiveness: The New Untouchables or The New Half Truth?
New York Times columnist Thomas Friedman makes a superficially compelling case for reforming education in pursuit of American Competitiveness. But is he overstating its promise?
Rethinking Globalism: Why We Need a Cell-Based Economy
What this worldwide recession proves: Globalism is a fatally flawed model in the present economic and ecologic sense. Protectionism may not be the answer, but nor is leaving one's country ripe for manipulation at the hands of commodities and foreign currency traders, resource shortages and above all too-close-to-the-bone ideas about corporate "efficiency" that make transcontinental supply chains so perilously thin and easy to disrupt. Why we need a cell-based economy. Stat.