Browsing the "GM" Tag

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Unplanned Obsolescence & the Texas Back Roads: Part 5

Best intentions aside, there is no economy here, just the imagination that someone brushed on canvas some time ago. In one quaint town, the doors of the small restaurant are locked shut; it is the same at the hardware store and gas station on the corner. The remaining clothing store with an “Open” sign in the window must be run by wealthy hobbyists in need of a write off or by one of the few churches that’s still open.

October 17th

Planned Obsolescence & the Bubble That Burst: Part 4

By the time this century hit, real estate was now considered by many to be a great short-term play that could yield as much as 10 or 20 percent. Commonplace homes and condominiums, priced from $125,000 to $150,000, were said to return tidy profits in less than two years. No muss, no fuss; just let inflating prices happen. All one needed to do was buy a ticket on the real estate train and make sure they were on board.

October 10th

Inspired Economist Pick of the Week

This column highlights the top economic stories of the week. There is no gold left in California. Governor Arnold Schwarzenegger is threatening to layoff fire, police, and teachers. All of this is certain to further  increase unemployment and foreclosure rates. Schwarzenegger is now considering releasing nonviolent prisoners, shortening the school year, legalizing and taxing marijuana. […]

May 31st

Inspired Economist Pick of the Week

This new column highlights the top economic stories of the week. At the outset of this week, it looked like the Swine flu might be the largest influenza epidemic since the virus that wiped out a significant portion of the world’s population at the end of the first World War. Local economies everywhere have been […]

The Chevy Volt: Coming Soon to a Dealership Near You

Last week at the Detroit auto show, new, battery-powered, green cars reigned supreme. General Motors announced finalized plans for its Chevrolet Volt, which will be on the market in both fully electric and plug-in hybrid forms by late 2010. LG Chem, a South Korean company, won the much anticipated contract to manufacture the Volt’s lithium-ion batteries, beating out several other contenders, including Massachusetts’s A123Systems and Germany’s Continental AG.

January 21st