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Calculating Consumer Happiness at Any Price

by Erik on December 13, 2009

in Economy,Interesting,Markets,Philosophy

If technology and systems didn’t come so naturally, I really believe that I would have become an economist. I just find it fascinating. The “business information systems” major was such a perfect fit for my abilities, that I didn’t really think twice about selecting it when I was choosing my major at Lehigh. But, as I [...]

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The Life Cycle of a Business

by Erik on July 25, 2009

in Interesting,Philosophy

What is a business – anyway?  As usual, Wikipedia offers a pretty good definition:  “In economics, business is the social science of managing people to organize and maintain collective productivity toward accomplishing particular creative and productive goals, usually to generate profit.”  Not surprisingly, as is the case for any highly complex system or entity, this [...]

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