Victor V. Claar's Blog, page 4

July 27, 2010

Quiz: Do You Know Your Money?

How much do you really know about the history of cold, hard cash?
Tom Denly - CFO Magazine, July 15, 2010

Sure, you could rattle off your company's cash-flow history any day. But how much do you really know about the history of cash (not to mention how to make change for a dollar)?

1) What were the first official coins issued by the United States and what were they made of?

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Published on July 27, 2010 15:44

July 24, 2010

This Week's Live Debate from the Economist: Gambling

This week the Economist is hosting another of its marvelous live debates on their web site.  This debate's motion:

"There should be no legal restrictions on gambling."
So by all means weigh in.  Closing statements will be given on Wednesday, July 28.
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Published on July 24, 2010 13:42

July 6, 2010

Discussion Resources for Henry Hazlitt's Economics in One Lesson

During the Summer II (July) term I am teaching "Economic Analysis for Business Decisions," Henderson's MBA course in economics.  It will be my first time teaching economics to MBA students since my year as a Fulbright Scholar in Armenia, where I taught a two-course MBA economics sequence at the American University of Armenia.


Economics for Managers (2nd Edition) We are using two books for the course. The first is Economics for Managers (2nd Edition) by Paul Farnham. Farnham's book is unique on the market inasmuch as it considers ...
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Published on July 06, 2010 12:44

Discussion Questions for Henry Hazlitt's Economics in One Lesson

During the Summer II (July) term I am teaching "Economic Analysis for Business Decisions," Henderson's MBA course in economics.  It will be my first time teaching economics to MBA students since my year as a Fulbright Scholar in Armenia, where I taught a two-course MBA economics sequence at the American University of Armenia.


Economics for Managers (2nd Edition) We are using two books for the course. The first is Economics for Managers (2nd Edition) by Paul Farnham. Farnham's book is unique on the market inasmuch as it considers ...
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Published on July 06, 2010 12:44

July 5, 2010

First Chocolate Bond

Have interest payments ever been so sweet? A UK chocolate company is offering high-interest bonds where coupon payments are paid in chocolate instead of cash.

CNN's Ayesha Durgahee reports.

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Published on July 05, 2010 11:59

June 25, 2010

Acton Commentary: "Poverty, Capital, and Economic Freedom"

(Note: This post was excerpted from my new Acton Institute monograph, Fair Trade? Its Prospects as a Poverty Solution . The post originally appeared as an Acton Commentary , and has been posted on the IPEA web site, among others.)


Poverty, Capital and Economic Freedom
by Victor V. Claar


When poor countries grow rich, it rarely has anything at all to do with how many mouths they have to feed or the abundance of natural resources. Instead, across the globe, poor countries of all sizes, climate...
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Published on June 25, 2010 15:35

May 22, 2010

Spring commencement 2010


Spring commencement 2010
Originally uploaded by GetReddieI delivered this year's traditional faculty charge to the graduating class at the combined commencement exercises for the School of Business and the Teachers College, Henderson. Thanks to Steve Fellers for the nice photo. It was my great pleasure.

Hmmm . . . Should I dress like this for class?

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Published on May 22, 2010 16:39

April 26, 2010

Wham-O "Insourcing" Production from China to US (w/Daily Show video report)

From PlasticsNews.com:

EMERYVILLE, CALIF. (Jan. 13, 1:40 p.m. ET) -- Production of Wham-O Inc.'s iconic Frisbee flying plastic disc is skimming back across the Pacific Ocean.

The Emeryville-based toymaker said Jan. 6 that 50 percent of future Frisbee production would be returned to the United States from China by the end of the month.

In a news release, the company said Manufacturing Marvel America, a division of Manufacturing Marvel Group that has plants in California and Michigan, would ...
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Published on April 26, 2010 14:17

March 22, 2010

Berlin Beer Market--Where the Price You Pay Fluctuates with the Demand

At the Broker's Bier Börse (part of the Berliner Republik) at Schiffbauerdamm, East meets West, supply meets demand, and the customer meets market forces. The more beer people order, the higher the price ... the less they buy, the lower the price.

From their web page:

The brokers' beer market is unique in Berlin. Situated in the Schiffbauerdamm 8, a house full of tradition, there are no set prices for most of the 18 German premium draught beers on offer.


Bierborse in der Berliner Republik - Restaurant und Kneipe in Berlin Bierborse in der Berliner Republik - Restaurant und Kneipe in Berlin

Every day at 5 p.m. the...

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Published on March 22, 2010 19:06

March 9, 2010