Business blog
From my previous blog post, an economics professor, Tim Haab, pointed out that pollution is okay as long as its benefits are equal to its costs. The United States’ self-sufficiency in oil provides benefits, but also comes at a high cost. I agree with Claudia Jang though, on how the United States will be able […]
A while back, Wade Larson came and gave my class a presentation of his new venture, UrtheCast (pronounced “Earthcast”). There are many opportunities and possibilities that UrtheCast will open up and I agree with Fergus Arnold on how UrtheCast will be key in creating a global community and opportunities for new global ventures. UrtheCast […]
According to the environmental economics professor, Tim Haab, in this article, pollution is okay. Of course, it does not necessarily mean for companies and society to accept pollution and stop caring about it. Instead, they should look towards the marginal benefits of the extra pollution, and the marginal costs. Basic economics: equation marginals will maximize. […]
Today, there has been a rising awareness of the need to go “green”, to become more sustainable and environmentally friendly. But how does one start about reducing their carbon footprint? It all starts with the awareness of ones’ own usage of resources. If consumers are aware of their power consumption or water usage (and how […]
Recently, major companies and its CEOs have taken on the initiative to go green within their businesses, from saving energy to having a more environmentally friendly supply chain. The question is why would these companies take on added costs, and not maximize their profits? I think these companies are changing the way they operate for […]
The trio of Panasonic, Sony, and Sharp are quickly falling behind in the electronics industry. All three companies are reporting huge losses, and solutions only minimize the damage. Each company is losing ground in the electronics industry, failing to compete with Apple, LG, and Samsung on TVs, phones, and tablets. Panasonic has cut 39,000 jobs […]