Economics is the study of how every business, person, and government allocates their limited resources. A resource must be useful to be classified as a resource. Chances are new economic students have covered the economic principle of scarcity in their first lesson. If a resource is not scarce, it means it is readily available at no charge. Can you identify the only resource that is not scarce? Listed below are several of the suggestions made by my students and the only resource that is not scar More
I confess, I (Hannah) have an addiction to Stitch Fix! Have you seen the ads for it on social media? If you are not familiar with it, Stitch Fix is a personal styling service that sends a box of 5 clothing items or accessories straight to your front door! You get to try on everything in the comfort of your own home with other items in your wardrobe, then ship the items that you don’t want to purchase back to Stitch Fix. For a girl who doesn’t care to go to the mall, and needs all of the fashion help she can get, it is a win-win! More
Happy New Year! I enjoy the New Year. It is a time to take stock in all my blessings, and reevaluate ways I can improve my life. Like many, every year I set goals for myself and make at least one New Year's resolution. Like almost everyone, more often than not, my resolutions are broken within a month. Many of us set resolutions More
Thanksgiving is my favorite holiday. Thanksgiving is a time when most of us give Thanks for what matters most. Family, friends, food, our country, and our God. Most of us give thanks every day. Perhaps we say "Thank you" to a kind stranger, or a customer. I take so much for granted, but Thanksgiving gives me pause to consider just how blessed I am. More