Tuesday, January 27, 2015

Book Review: Krupp: A History of the Legendary German Firm

A short book review for you today. 

Krupp is a German Company famous for its high quality steel, armaments, appliances and other products.  It is a prototypical German company that follows the German model of higher wages, export led growth, and close cooperation with the government. 

Krupp: A History Of The Legendary German Firm is an informative and easy- to-read history.  German corporations are distinctly different from American ones: they are typically family-owned and prize quality instead of cost saving. A lot of this is made possible by the extreme emphasis on export led growth, and the book is very informative on this point.

Monday, January 26, 2015

We Now Have First Research Industry Analysis Database

First Research - A great one stop location for industry surveys and analysis. 

Contains over 900 Industry Segments, updated constantly with monthly statistics and indicators as well as quarterly trend updates, and State Profiles to monitor monthly employment, business and real estate trends in each of the 50 US states. 

Tuesday, January 20, 2015

Texas Exports

See specifically what Texas exports and to where. You can search by industry and where the products end up.

Exports by metropolitan area

Also check out our database USA TRADEONLINE (available only in the library unfortunately).

Friday, January 16, 2015

Economic Indicator Links

These sites are where you need to go to find the unemployment rate, consumer price index (CPI), number of housing starts, what people are spending, retail sales, and so on.

Well, you can get deeper. Read the agency name below to get an idea of what to expect there (labor statistics have such data as income, employment, etc...)

Bureau of Economic Analysis
Bureau of Labor Statistics
National Bureau of Economic Research's Economic Indicators (Awesome)
U.S. Census Bureau Economic Indicators (Also Awesome)
Fed Data on Money Flow and Supply 

You can also use our handy database Economagic. But the above links will work just fine for most projects.

Wednesday, January 7, 2015

New Mergent Tutorial

Here's a new tutorial about using our database Mergent. It's a great way to do advanced company financials research.

Monday, January 5, 2015

The Sharing Economy

You have heard of these companies: Uber, airbnb, Lfyt and more. If ordinary people just have unused seats in their cars and empty beds in their houses, the thinking goes, why not just rent them out for less than you'd pay for an actual taxi or hotel room?

The services have caught on because we live in a time of shrinking salaries  - thus the need for both cheaper products and services, as well as the need to make money on the side. 

For many Americans, this economic and social innovation has been quite useful. It's an interesting sign of the times and how we are responding to a disguised economics problem.


The sharing economy is about desperation.
NPR list of links about the sharing economy.

A Critical View of The New Middle-Class Day Labor

The Baffler magazine has an essay entitled The Crowdsourcing Scam.

Crowdsourcing here means contract labor for the middle class: you know, Amazon or Uber or the like posts a lists of tasks and people bid on doing them. Right now these are data entry tasks and Uber car rides, but expect this to extend to everything....