Archive for the ‘Economic Thought’ Category

No Customer, No Product to Sell and ROI puts on hold forever

Buffet said for many times, does a business if you see the business is profitable. I remembered the journey of Bill Gates. Bill and Allen decided to entered Computer Hardware and Software business, Buffet created new system on Wall-Mart. I also salute to all people entire the world in the past and present who have [...]

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Monetery Policy, Fiscal Policy or Invisible Hand are First?

Bill Gatet rank as richest men in the world went down as global crisis; Lehman and WaMu were collapsed, Major Wordwide Industries housed their employers, cut their production and went to debt problems. Central Banks tried to help with lowering interest rate to recover the crisis and to refresh market. FED were third time to [...]

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Oil Price and Government Decision

After running high, Oil crude price now is lower than $80 per barrel. Amazing right! Why Oil crude price decline very significantly? Why? Congress had question to American Giant Oil Company about how much the real price for oil crude price, How much US to produce 1 barrel? And the answer was very surprising, lower [...]

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Indonesian Rupiahs declined significantly

Last two week, when closing weekend, Rupiah was around Rp.9250 per USD. But last weekend closing time, Rupiah had fallen into Rp.9600 per USD. And now Rupiah is 9450 per USD (taken from KlikBca.com).
Not only Rupiah declined significantly against USD, major currencies EURO, POUND, YEN Japan and Swiss Franc also declined against USD. Let us [...]

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Specialization on Adam Smith Mind The Wealth of Nation

Economists know Adam Smith as Economic Father, Father of Trade and Father of Specialization.
He had popular slogan, if you want to be rich, Trade now! Smith believes that through Trading, a nation can be rich. His phenomenal book, The Wealth of Nation gives us rich information, information about how a nation can be reach. Adam [...]

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