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The Law of Diminishing Marginal Utility and Debt Repayment

Law of Diminishing Marginal Utility

I got on the subject of Law of diminishing Marginal Utility with The Wife today, a theory which I was able to explain to her today in english.  Despite it being an economic theory (read: usually hard) it is quite easy to understand.   First thing is first - utility means satisfaction.  Investopedia defines the

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March 11th, 2009 | Tags: , , , , | Category: Economics | 6 comments

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Crash Course in Economics - Keynesian Economics 101

I started this blog so I can post about all things to do with money – including personal finance, economics and taxes.  I think I have blogged about ad naseum (hahah had to fit a little Latin jargon in there) about taxes and personal finances but very little about economics.  Notwithstanding, I had voiced my opinion about

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January 27th, 2009 | Tags: , , | Category: Economics | One comment

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Who Supports our Country? The Wealthy Pay Provide Most of Income Taxes

I know the title may be a tad dramatic, but I read an article from The Economist where the Author makes note that the deficit had been reduced (from 2004 to 2007) by, at least in part, due to the increase in income taxes from the wealthy getting wealthier in this country.  Take a moment

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November 10th, 2008 | Tags: , , | Category: Economics | 3 comments

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