Month: August 2012

Marvelous Marilyn

08/03/2012

The Friday File: Despite Sunday being the 50th anniversary of Marilyn Monroe’s death, she’s as popular as ever. In ’10, $25 million was spent to purchase her name and likeness, and last year Monroe ranked #3 on the list of…

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A Miserable Median

08/02/2012

A healthy economy exhibits many things including steady growth in median (and mean) income. Unfortunately, after peaking in ‘99 at $53,252, inflation adjusted median income in the US is now $49,445 – almost $4,000 lower than in ’99 and back…

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Agricultural Economics

08/01/2012

Despite crippling drought, US food prices will rise little as only 15% of each food dollar is attributable to farm products. Thus, even a 100% rise in corn prices would lift the CPI by 1.5%. And if this drought is…

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