"What a great site! I'm impressed by the great stuff you've pulled together. It merely confirms my long-held belief that economics CAN be interesting....
All the best"-
Charlie Wheelan,
aka The Naked Economist
Have recessions become milder due to technology? Since we are discussing supply in class, check out this nugget from the archives (that are no longer behind the "Times Select" wall).
2 comments:
Anonymous
said...
i think fedex is amazing for being so business smart, and i find it amusing that economics experts like alan greenspan ask fedex chief executives about the economy as a whole. but it makes sense b/c such a large company in control of shipping practically everything WOULD know how the economy is doing.
on another note, i think that it kind of sucks that recesions are getting smaller and easier to manage b/c inflation is just out of control, and america needs a recesion to get out of this pit of weak monetary value in the foreign market.
Having back up planes coming from different parts of the world is a best way to obtain perfection within the FedEx Company. With less chance of canceled deliveries, goods will be brought to there target and the economy will keep the flow of trade without delay. In the past recessions occurred due to panic and uncertainty within the economy. Now, technology has evolved at such a level that the economy has grown, producing and transferring goods efficiently. With less chance of mishaps, given the example from FedEx, people will trust the market and create interactions either nationally or internationally with an increasing rate. As technology grows, perfection gets closer whether its more empty planes in the air ready to pick up packages or a new way to produce products making manufacturing easier and more reliable.
2 comments:
i think fedex is amazing for being so business smart, and i find it amusing that economics experts like alan greenspan ask fedex chief executives about the economy as a whole. but it makes sense b/c such a large company in control of shipping practically everything WOULD know how the economy is doing.
on another note, i think that it kind of sucks that recesions are getting smaller and easier to manage b/c inflation is just out of control, and america needs a recesion to get out of this pit of weak monetary value in the foreign market.
Having back up planes coming from different parts of the world is a best way to obtain perfection within the FedEx Company. With less chance of canceled deliveries, goods will be brought to there target and the economy will keep the flow of trade without delay.
In the past recessions occurred due to panic and uncertainty within the economy. Now, technology has evolved at such a level that the economy has grown, producing and transferring goods efficiently. With less chance of mishaps, given the example from FedEx, people will trust the market and create interactions either nationally or internationally with an increasing rate. As technology grows, perfection gets closer whether its more empty planes in the air ready to pick up packages or a new way to produce products making manufacturing easier and more reliable.
Post a Comment