Monday, January 10, 2011

This and That

I have been put aside a few web links over the past few weeks to eventually put on this blog, so I figure now is a good time to clean house and then start fresh:

Trade Deficit:  I have discussed before that government statistics, like trade deficits, are inherently flawed, because their methodology doesn't reflect our current globalized economy.  Clicking on the picture below will take you to a Wall Street Journal article which does a great job explaining this issue:

Video games:  Here, Andy Kessler discusses how video games are positively affecting the economy.  Further evidence of how innovation comes from places we often don't expect.

A Trillion Dollars:  US government debts are now denominated in trillions of dollars.  This site does a very cool job of showing just what $1,000,000,000,000 looks like.