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The New Economy
Sunday, July 6, 2008
For every dollar you spend at a locally owned business, more than 68 cents stays in Milwaukee. That means more of your money is used to buy from other local businesses, service providers and farms, further strengthening the local economy and creating more jobs. Supporting local businesses helps create a “living economy,” according to Our Milwaukee, an alliance of 50 local businesses that is raising business awareness the week of July 7-13 with a film, prize drawings and special retail offerings.
The New Economy
Thursday, July 3, 2008
Beware of a possible phone scam over the Fourth of July weekend, warns the Wisconsin Bankers Association (WBA). “Vishing”—a combination of “voice” and “phishing”—involves a recorded voice informing victims that their bank accounts are frozen and also provides a toll-free number to use in reinstating the account...
The New Economy
Wednesday, July 2, 2008
If you think that commuting to work is becoming too costly, consider what truck drivers are facing with $4-plus gas and diesel. “We’re just hanging on; it’s a struggle,” said Kathy Paul, office manager at Badger Freight Service Inc., which operates 12 refrigerator trailers out of Milwaukee. “It’s costing the guys a dollar...
The New Economy
Wednesday, July 2, 2008

Search Cost

The economic cost of buying something is not just the price you pay. Finding what you want and ensuring that it is competitively priced can be expensive. But making a purchasing decision without all the relevant information can result in inefficiency...
The New Economy
Wednesday, June 18, 2008

Money Illusion

When people are misled by inflation into thinking that they are getting richer, when in fact the value of their money is declining. Whether, and how much, people are fooled by inflation is much debated by economists. (Source: Economist.com)
The New Economy
Tuesday, June 17, 2008
From a market-driven perspective, the fight against global warming hinges on creating demand for both energy-efficient technologies and renewable alternatives to fossil fuels. But these innovations come at a steep price, and cost-conscious businesses, already burdened by rising health care costs, want a relatively quick return on their investment in a facility upgrade or solar panels. If the payback is too long, most won’t commit.
The New Economy
Wednesday, June 4, 2008
Gay equality is more than just a matter of fairness— it’s also good for the economy. The estimated 15.3 million gay adults in the United States have a combined buying power of more than $660 billion, and it’s estimated to grow to $835 billion by 2011, according to Witeck-Combs ...
The New Economy
Wednesday, June 4, 2008
Skyrocketing energy prices and plunging home values have driven the U.S. consumer confidence level to its lowest point in 16 years and is impacting more than a few retirement and savings accounts. But there is no reason to panic, according to seasoned investment advisers.

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