I know that probably sounds like blasphemy to a lot of folks out there, but I am starting to feel like it is the truth. As much as I like free markets, they don’t magically solve every problem. We all probably have different definitions of what we think capitalism is, so let’s define it so we all start off on the same page. I am not saying this is a perfect definition, but one that is probably is digestible by all of us. Capitalism – An economic system characterized by private or corporate ownership of capital goods that are distributed [...]
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The following is a guest post by DebtKid, who writes about his journey to get out of debt, and achieve financial stability. He runs a small software development company in Seattle and just launched a new coupons section on his blog. For consumers who are barely getting by, the concept of building wealth in the current economy may be low on the list of priorities. After all, if you are struggling to keep the bill collectors at bay or prevent your credit rating from dropping like a stone, it gets a bit tough to see the “big picture”. Unfortunately this [...]
Read MoreI bet most of you have already received your tax return before I even filed mine. This year I waited until April 14th to send mine in. Why did I wait so long? Simple. I knew we’d be paying in, so I was in no rush. After all if they’re going to give me until April 15th, then by golly I’ll take my time. Last night when I was putting all the paperwork away I decided to take a trip down memory lane and in doing so I realized that our annual income has been on quite a [...]
Read MoreThis past Sunday I handed in my final paper for my MBA degree(Marketing concentration) at Drexel University’s Lebow College of Business. The finality is so fresh that the end of my long two and half year journey hasn’t sunk in. It is starting though…Tuesday is my normal class night and I got to stay home with my family! The first question most people will ask is “was getting an MBA worth”? On a personal level, it was a truly great experience. One that has given my a lot of confidence, motivation, purpose, and energy. On a business and pure learning [...]
Read More“Women working full time earn about 77 percent of the salaries of men working full time”. That number is a little misleading, as it doesn’t take into account education and employee status, but the difference is still 11% when equal employees are studied across genders. We all know the gender differences in salary still exists in business and so does the glass ceiling to some extent. The common explanation is sexism and deliberate underpayment of women. Linda Babcock, professor of economics at Carnegie Mellon University, has been studying the issue at length and has produced some interesting findings. Time and [...]
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