From the category archives:

Marketplace

NBA season in jeopardy as players & owners continue to disagree

November 17, 2011 Marketplace

By Phillip St. Pierre The National Basketball Players Association’s executive director Billy Hunter predicted it over a year ago, claiming he was “99 percent sure” that a NBA lockout would arise following the 2010 season. Many were aware that a lockout was a possibility, but I don’t think anybody, players or owners alike, expected the [...]

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European debt crisis shows improvement in the last week

November 17, 2011 Marketplace

By Jasper Huang Welcome to the weekly market wrap for November 7 through November 11. The 45th trading week of the year closed on a strong note, despite wavering confidence in Europe, specifically Italy during the middle of the week. Crude oil futures experienced growth this week, closing at around $98.73/barrel on Friday afternoon. Gold [...]

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Eurozone debt crisis still affecting stock market growth in U.S.

November 10, 2011 Marketplace

By Jasper Huang Welcome to the weekly market wrap for October 31 through November 4. The month of October has shown the strongest monthly market rally since 1974. However, as the month ended and proceeded into early November, the markets winning streak came to an end. The S&P500, DOW and NASDAQ all fell this week, [...]

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Minsky’s economic theory, “The Finanical Instability Hypothesis”

November 10, 2011 Marketplace

By James Pini Similar to the Austrian position laid out in my article last week, economist Hyman Minsky’s theory of economic crises has recently gone mainstream. Minsky (1919-1996), an American economist who did not receive much recognition during his life, developed a theory that explains economic crises based on a dynamic within the banking sector’s [...]

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The Austrian Business Cycle Theory: Unpopular and largely unknown

November 3, 2011 Marketplace

By James Pini Few economists are ever inclined to notice Austrian Business Cycle Theory (ABCT) because the school of thought arose from accepts an economic methodology that is incompatible with today’s common schools of thought. Nevertheless, the Austrian School of Economic Thought has recently gained more attention, from both supporters and opponents – due to [...]

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In America, hyper-consumerism doesn’t indicate product quality

November 3, 2011 Marketplace

By Jasper Huang America, once the image of prosperity, success and international affluence, is becoming senile and decrepit. Blasphemy, you say – and you are more than welcome to disagree – but many parts of the world are now forging ahead in technology, innovation and standards of living. I am in no way anti-American, but [...]

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Post-Jobs Era leaves future & innovation of Apple in question

October 27, 2011 Marketplace

By Phillip St. Pierre As you are most likely already aware of, Apple lost its president and chief product design guru Steve Jobs to pancreatic cancer on October 5, 2011. The face and voice of Apple, Jobs was a master innovator who affected and propelled not only his company, but the technology industry as a [...]

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One single monetary policy might not be right in Europe

October 20, 2011 Marketplace

By James Pini This past week’s Wall Street Journal’s Review and Outlook article was called “Europe and Its Money.” It put the European debt crisis in its historical context, and for me it was a good reminder. I’d like to give my understanding of the historical context and then conclude with what I believe is [...]

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Collegiate Entrepreneurs teaches how to run own business

September 29, 2011 Marketplace

By Phil St. Pierre Some of the biggest players in the business world today are entrepreneurs, and although it requires some risk, effort and a little luck, becoming successful as an entrepreneur can be a satisfying and rewarding career path. One area that Bentley doesn’t seem to put as much emphasis on is entrepreneurship, and [...]

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Supply-side vs. Keynesian: What you think you believe

September 29, 2011 Marketplace

By James Pini Without getting very technical (and I couldn’t get technical on this subject even if I wanted to), I’d like to spend a couple of paragraphs fleshing out a long-running economic debate business students should have a good feel for – what’s preventing “economic growth?” And then I’d like to make a point [...]

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Quantitative Easing: What it is & how it works

September 22, 2011 Marketplace

By James Pini With recurrent talk of “Quantitative Easing,” or “QE,” in the news ever since the Federal Reserve came out with a plan to buy $600 billion more in treasury securities last August, dubbed “QE II,” it is somewhat surprising that many people don’t quite understand what the central banking policy tool exactly is. [...]

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Market Overview: Markets up in Europe

September 22, 2011 Marketplace

By James Pini Headlines out of Europe were the main driver of stock market action last week. The S&P 500 was up 5.4 percent, and the Dow Jones was up 4.7 percent, as previous fears of an imminent Greek default were postponed, and news steadily broke over various government responses. On Monday, investors maintained a [...]

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