Posted November 25, 2007 - 05:39 by Philip Brewer
Personal Finance
To someone in the US, the decline in the value of the dollar has mainly made itself felt up to now in the form of increases in the prices of globalized commodities--everything from oil to nonfat dry milk. Consumer goods, even though many are imported, have only just very recently begun to show price increases. When you look at the picture as viewed from overseas, though, it's not as simple as just seeing the reverse.
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Posted November 7, 2007 - 12:40 by Philip Brewer
Food and Drink
Having given us some good tips on dealing with the rising cost of bread, Myscha asked me to provide a bit of analysis on why bread has become so expensive. Oddly, the reasons behind the rise in the price of bread are almost the opposite of the reasons behind the rise in the price of nonfat dry milk that we talked about a couple of days ago.
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Posted November 5, 2007 - 13:07 by Philip Brewer
Food and Drink
For more than thirty years, nonfat dry milk was a frugal staple. For things like baking and making yogurt, it was as good as fresh milk. Not many people wanted to drink the stuff, but a whole generation of frugal folks knew you could use it as an extender--make up a quart of nonfat dry milk and mix it with a gallon of fresh milk. Since late summer last year, though, nonfat dry milk has been priced like a gourmet specialty item. What happened?
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Posted October 20, 2007 - 14:50 by Philip Brewer
Food and Drink, Green Living, Lifestyle, Consumer Affairs
Localization--eating locally grown foods and buying locally produced goods--has become trendy just lately. For the past twenty years, though, globalization has been the dominate force. The tension between trade and localization is not a new one.
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Posted September 13, 2007 - 15:04 by Nora Dunn
Career and Income
It's easy to stick our heads in the sand and say that the answer to "Life, The Universe, and Everything" is 42. But we all very well know that the world we live in is a constantly changing one, thanks to evolution, industrialization, and the more recent trend and buzzword: Globalization. After reading The World Is Flat by Thomas Friedman, my interest in this topic was piqued.
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