Friday, October 31, 2014

Why a monetary policy never knows its limits?

Why a monetary policy never knows its limits?

Because feedback doesn't come from below.

What is the problem, institutions or the system?

What is the problem, institutions or  the system?

The problem is the dangerous closeness between the financial industry and the political world.

How does the Department of Commerce cook books?

How does the Department of Commerce cook books?

Real gross domestic product — the value of the production of goods and services in the United States, adjusted for price changes — increased  at an annual rate of 3.5 percent in the third quarter of 2014, according  to the “advance” estimate released  by the Bureau of Economic Analysis (an agency in the Department of Commerce ).

Overall household spending fell 0.2% from August, the Commerce  Department said Friday.

Thursday, October 30, 2014

How much does the U.S. spend on education and defense?

How much does the U.S. spend on education and defense?

$664.84 billion for the 2011 fiscal year in defense and $600 billion on public elementary and secondary schools in 2010.

Wednesday, October 29, 2014

How many homeless are there in the United States?

How many homeless are there in the United States?

On any one night, there are 600,000 homeless in the USA, according to The Lancet.

What is the new real economy?

What is the new real economy?

In the six months ending June 30, 2014, WhatsApp brought in $15.921 million in revenue, and a net loss of $232.5 million.

Facebook broke down the money it spent on WhatsApp as $2.026 billion for the user base, $448 million for the brand, $288 million for technology,$21 million for other and  $15.314 billion difference as “good will” aka the value “from future growth, from potential monetization opportunities, from strategic advantages provided in the mobile ecosystem from expansion of our mobile messaging offerings.”

Tuesday, October 28, 2014

How many members of Congress have backgrounds in science or technology?

How many members of Congress have backgrounds in science or technology?

According to Peter Thiel, fewer than 35 of 535 members of Congress have backgrounds in science or technology.