Has America Lost Its Comparative Advantage?

Before currency, people exchanged what they had for what they needed. Nowadays, cash is king. Specialization on a large scale is great for the economy. Specialization occurs because of advantages. An absolute advantage is an ability to produce a good or service with less inputs/costs than a competitor. Absolute advantages do not drive specialization though….

A Few Expenses to Keep in Mind Before Buying a New Pet

Pets make great companions. They can keep us company, make a great transition into starting a family, teach responsibility, or just be some fun. Eventually, our pets become part of the family. Some people choose to have unusual pets. The majority of people pick the common domesticated animals: dogs, cats, gerbils, birds, etc. Kids and…

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Tips and Tricks to Eliminate Your Debt and Save Money

After the recent economic meltdown in the US a large number of the consumers are keen to minimize their risks of financial problems by eliminating their debts. If you follow these four tips in the article then you can reduce the risk of falling into debt. However, if you are struggling to come out from…

Getting Out of Debt

The only place where an increase in spending can be called debt reduction is Washington. Don’t think this is the cliché saying “you have to spend money to make money.” You need to make changes. Whether your debt is from frivolous spending when you were younger, business deals that went sour, a project that bit…