Sound Economics

It’s not often that you see countries have a lack of workers available across the nation, but it is the problem that Denmark has on its hands right now. An article from the New York Times outlines what the Danes are dealing with currently, but they simply don’t have enough skilled workers available to fill the jobs they need. The unemployment rate is at 4.3%, and has recovered extremely fast after the recession that hit across Europe. If the unemployment rate goes any lower, the country could run into inflation problems. The NYT notes that this has occurred before: During an economic Continue reading Not enough workers? The problem Denmark faces→

Generally, when an economics student is taking the introduction to Macroeconomics Theory the most commonly used word that will come out of the professor’s mouth is Gross Domestic Product (GDP). GDP is a term defined as the value of all final goods and serviced a country produces in a given period. This monetary value enacts as an indicator of how the overall economy is doing. However, two other factors play a role in what a sustainable economy looks like. These factors are 1) inflation: the change of prices over time and 2) the unemployment rate. In the eyes of economist’s, Continue reading Possible Economic Boom?→

So far, this series has examined recent trends in digital advertising, and covered various approaches to increasing digital ad revenue. This installment will take a look at the apparent trajectory of this industry, and some of the challenges that publishers and content creators face. At the moment, the future direction of digital advertising is in question. Agencies are being founded with the express purpose of selling unblockable advertising, while other companies opt for paywalls or simply barring adblock users from accessing their sites in the first place. Some companies such as Twitch have found success with new ad serving technology, Continue reading The Uncertain Future of Digital Advertising→

The minimum wage in Washington has been of hot discussion for the past couple of years as there had been a push for higher wages for workers that had been relying on low-wage jobs. In the November election, Initiative 1433 passed across Washington to push the minimum wage up to $13.50 per hour by 2020. In other areas like Seattle and Sea-Tac, the rate can be as high as $15. Many businesses do not exactly support the increase, as they have to find a way to balance out the costs. Well, it seems that several restaurants across Washington are combatting Continue reading Restauraunts Passing the Buck to the Customer due to Minimum Wage Increase?→