Yearly Archives: 2009

Keeping It Real

  Buy low, sell high. Supply and demand. Economics 101 explained those simple, but somehow still poorly understood concepts.  The recent (and in many ways still …

When Purpose is Forgotten..

Decades ago, the concept of protecting people’s incomes from the ravages of inflation by indexing to a measure of inflation was born.  Social security, many union …

Economies of Flow

  Anyone with more than 6 months in manufacturing has heard of “economies of scale.” That concept is the basis of large lot sizes, as …