https://padlet.com/9958008/eiznpoyc0xkj Sophia Guerra en-us 2018-02-02 13:19:10 UTC 2018-05-15 12:31:54 UTC hello@padlet.com 9958008 https://padlet.com/9958008/eiznpoyc0xkj/wish/227464405 February 2, 2018

Question 1:
To what extent should this industry be regulated?

I think NIKE has a huge advantage to the shoe industry compared to its competitors. It sells millions of shoes for $60 because of the industry that sneaker heads have made. The sneaker heads buy expensive shoes and resell them for a higher value, making the NIKE industry to grow larger since more and more people are buying these rare shoes. I think it should be regulated to an extent because it seems to be out of hand at this point with how many people are in this industry and how effective it has come and can be dangerous at times. I think it should be regulated to an extent where it is safe. If you are someone who just collects these shoes and sell them later for a higher cost to gain profit, I think that is okay. But if someone is buying and selling and can cause harm , the shoe industry needs to watch out for that.

Question 2:
Do you agree that sneakers can be an investment opportunity given the "information available"?

I think that sneakers can be an investment opportunity because it has many different chances for someone to sell and gain a profit off of shoes. They can purchase these shoes for $200 and sell them for over $1000 in resale. The "market" that these sneakers are placed in is more about resale, it can be an investment to certain people if they do it properly and know what they are doing. I know it is very different from the stock market but I think people need to be informed on the shoe market in order for it to be a good investment opportunity.

Question 3:
Is NIKE manipulating the "market" unfairly?

I think NIKE is manipulating the market unfairly because they are doing nothing to prevent it or make it better. They let people  buy as many shoes as they want until it is out of stock and won't make any new ones. They let people sit outside the stores and wait to buy shoes and not regulate that part. They seem to manipulate the "market" to a certain extent causing people to just do what they want, which eventually causes more problems than they wished. 

]]> 2018-02-02 13:23:08 UTC https://padlet.com/9958008/eiznpoyc0xkj/wish/227464405 9958008 https://padlet.com/9958008/eiznpoyc0xkj/wish/234199286 February 16, 2018

Question 1:
What does better off mean to you?

They have a higher quality of life that they are given and they have better resources to use and live off of to better themselves. They were given an opportunity to live their best life and can do that because they are better off. it can mean they have a more enjoyable life or they were born into a life where they do not have to worry about struggling.

Question 2:
How should a nations growth/ satisfaction be measured? by whom?

it should be measured by the individuals happiness and how they are satisfied with their community and themselves in their community. We also have to look at the social aspects and see what has made the nation grow. Everyone's work environment, housing conditions, income conditions, community, and education. There are so many different things someone has to take into consideration. I think the people of the community are what it is measured by and the conditions of the environment are huge.


Question 3:
The poverty rate is often seen as a statistic, not the humans behind it. what would you suggest as a solution?

a solution would be to  have more of a smaller gap between the lower and middle and upper classes. There is such a big drop from even middle to low class Americans. There needs to be more of a connection between the citizens of the US to make the people care more for each other than let them be by themselves.

Question 4:
Universal  income is incredibly controversial. can that/should that become a reality?

I think if universal income became a reality then it can help a lot of America become stronger and more powerful. There is a need for some more equality and equality can bring together the country to be more together. i think that it is a risk as well but I also think if done right then it can and will benefit the country in the long run.


]]> 2018-02-22 13:37:15 UTC https://padlet.com/9958008/eiznpoyc0xkj/wish/234199286 9958008 https://padlet.com/9958008/eiznpoyc0xkj/wish/234207755 February 22, 2018

Question 1:
How should we balance the need for economic growth with the reality of limited/finite resources? 

it is almost impossible to balance the need for economic growth with the limited resources. There are billions of people in this world and it keeps growing. There is just not enough resources to help every single human being in this world. We do need to start seeing the differences between wants and needs so the people that can not get their needs we can try to fulfill that for them. 


Question 2:
According to economic analysis, it is better to be proactive to this situation rather than reactive. To what extent do you think Economic Policies can make change?

I think it is better to be proactive because then you can try to figure out problems before they happen. Being proactive can help in the long run so the problems they face in the future they have some type of scenario already figured out before hand.


Question 3:
What is the relationship between a government and its economy? (National/ local/international).
 
The relationship between the government and its economy is to keep the market from failing and situations where private markets cannot maximize the value that they could create for society to help them. There are the fiscal and monetary policies to help regulate.

Question 4:
Do you believe that they global economy is dependent on big industry( oil, etc)?

I think the global economy is dependent on big industries for those specific things. Oil and everything else you trade is a big part of the economy and these industries keep the economy going. I think that these industries do keep the economy going but I also think if something happened the economy could figure out ways so that it would not deteriorate. I think it is a big part of it though and we have not learned how to live without it. 

]]> 2018-02-22 13:52:43 UTC https://padlet.com/9958008/eiznpoyc0xkj/wish/234207755 9958008 https://padlet.com/9958008/eiznpoyc0xkj/wish/240148238 March 9, 2018

Question 1:
60% of the US public has less than $1,000 in savings. To what extent is the US economic system to blame ?
 The economic system can be blamed for this because there is not enough job opportunities and not enough people can get hired to get money into their savings account. The US economic system has to help the people to make sure they are not just getting $1000 in their savings and have more to live an average life style and not struggling like a lot of people do. There has to be some type of equal between the economic system and the people to make it fair.

Question 2:
50% of the US population is considered to be financially illiterate. How would you fix this issue? Does it need a solution?
 I think this is a big issue in the United States and it needs to be fixed, 50% is a huge number of people  that are financially illiterate. There needs to be some solution that people can learn how to fix this for themselves and then the percent would decrease causing the world to be more financially stable and then the US can also be more stable as a country if everyone is individually. I know at Bedford it is a required class to take personal finance which teaches us all about this, and I think if others were taught they would understand.

Question 3:
To what extent  do you believe financial stability is possible for an individual 18-24 in the US?


I think financial stability is possible but it is difficult for an individual in their 18-24 in the US. I know a lot of companies won't hire a person who does not have a lot of experience in the field and a lot of 18 year old's get hired at a pizza place or a restaurant or retail, not a well paying job in their desired field. But when you graduate college with a degree at the age of 21 or 22 you now have more experience and more companies will be interested in you and will want you for their company. If you go on to get more experience after college then you can get a better job and become more stable even at the age of 24-25.

]]> 2018-03-09 14:05:52 UTC https://padlet.com/9958008/eiznpoyc0xkj/wish/240148238 9958008 https://padlet.com/9958008/eiznpoyc0xkj/wish/242774305 "How Facebook, Amazon and Google manipulate our emotions?"

March 16, 2018

Question 1:
GDP of these countries has outpaced India should these companies be regulated? Should they have "power" like India, China, etc?



Question 2:
Behavioral economics is the fastest growing economic sector for large companies. Do you believe that behavioral economics takes advantage of the consumer?

I think that the behavioral economics do take advantage of the consumer because they can control what the consumer thinks and wants to buy and make them buy it. The companies get in the consumers heads and helps them make a decision that they might have not made without someone from that company influencing them or the company in general influencing them to buy it.

Question 3:
$64 Billion has been paid by Walmart in taxes: is this tax burden too much or too little?



Question 4:
Comment on jobless or small business closures as it relates to Amazon, etc. 

]]> 2018-03-16 12:28:15 UTC https://padlet.com/9958008/eiznpoyc0xkj/wish/242774305 9958008 https://padlet.com/9958008/eiznpoyc0xkj/wish/247482289 March 30, 2018

Question 1:
Could this experience philosophy work to save the NE based malls?

If you add more gyms or a hair salon or restaurants the people will come in more to the mall. I think that this philosophy is smart and can make more people come into the mall. It is an easy place for people to access and they could go to the gym and shop or vice versa. The movie theaters that are added could also be easy access and I think that this could get the malls a higher profit and make the malls more modern and better and make people attracted to them causing them to gain more profit. 

Question 2:
Do you believe that outlet/discount options can combat online shopping?

I think that if the outlets and discount options keep it up they could probably combat online shopping. I think it helps having these discount stores can make people buy things from there instead of other expensive places or online shopping when you have to pay for shipping or pay more when you can just pay less for the same exact thing. I personally like to shop at Marshall's and other stores like this and I think a lot of other people do as well and I think they are a powerhouse for people who want the name brands of clothing for a cheaper value. 


]]> 2018-03-30 13:03:08 UTC https://padlet.com/9958008/eiznpoyc0xkj/wish/247482289 9958008 https://padlet.com/9958008/eiznpoyc0xkj/wish/260811406 "3 Myths of Automation"
May 15, 2018

Question 1:
Do you believe that automation increases/ decreases the economic "pie"? Why?

Question 2:
Have economists fallen victim to the "intelligence myth"? Does it matter either way?

Question 3:
Machines can substitute/ complement human beings. In your opinion... should productivity be sacrificed so that people can have work? Explain your thinking.

Bonus:
Have we solved the "Economic Problem"?

]]> 2018-05-15 12:17:33 UTC https://padlet.com/9958008/eiznpoyc0xkj/wish/260811406