The Econofactor (@EconoFact) profile picture

The Econofactor

@EconoFact

Pepper your daily conversations with economic trivia.

 Melbourne, Australia
Joined January 2013
  • Tweets20
  • Following13
  • Followers73
The Econofactor retweeted
The Economist (@TheEconomist) profile picture
The Economist
@TheEconomist20 Feb 2013
Barack Obama has proposed to raise the American federal minimum wage by 24% to $9 per hour by 2015 econ.st/XFubvs
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The Econofactor retweeted
SBS News (@SBSNews) profile picture
SBS News@SBSNews20 Feb 2013
Japan posts record $A16.9b trade deficit bit.ly/W9LW2X
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The Econofactor retweeted
The Atlantic (@TheAtlantic) profile picture
The Atlantic
@TheAtlantic1 Feb 2013
A reminder that education matters: The unemployment rate for college graduates is 3.7% theatln.tc/XtWDy9
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The Econofactor retweeted
Al Gore (@algore) profile picture
Al Gore
@algore26 Jan 2013
40% of smartphone users connect to Internet immediately upon awakening, before leaving bed. #TheFuture bit.ly/WYRz39 @TheAtlantic

Al Gore on How the Internet is Changing the Way We Think

The Nobel Prize winner and former vice president talks global networks, Marshall McLuhan, and how computing is changing what it means to be human.

theatlantic.com
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"The average American generates about 19 tons of carbon dioxide a year; the average European, 10." nytimes.com/2013/01/27/sunda…
Your Biggest Carbon Sin May Be Air Travel (Published 2013)

Your Biggest Carbon Sin May Be Air Travel (Published 2013)

With President Obama declaring climate change a part of his second-term agenda, all eyes are on the United States on the matter of airlines’ carbon emissions.

nytimes.com
The Econofactor retweeted
The New York Times (@nytimes) profile picture
The New York Times
@nytimes26 Jan 2013
At $1.1 Billion, Bloomberg Is Top University Donor in U.S. nyti.ms/UtgP4G
$1.1 Billion in Thanks From Bloomberg to Johns Hopkins (Published 2013)

$1.1 Billion in Thanks From Bloomberg to Johns Hopkins (Published 2013)

Michael R. Bloomberg, who credits Johns Hopkins University for turning him into a leader, is adding a $350 million gift to four decades of generosity to the school.

nytimes.com
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4.5% of NRA Members Still Like President Obama, Says NRA theatln.tc/14aFlex
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The Econofactor retweeted
Bloomberg (@business) profile picture
Bloomberg
@business25 Jan 2013
Japan CPI falls for 6th time in 7 months, highlighting BOJ's challenge in meeting its 2% inflation goal | bloom.bg/V12484
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The Econofactor retweeted
The Atlantic (@TheAtlantic) profile picture
The Atlantic
@TheAtlantic25 Jan 2013
Today, Apple's stock lost more than the *entire* market value of Nike, Starbucks, or Morgan Stanley theatln.tc/W3Zq2C
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"Spain is now home to a third of the euro region’s unemployed." bloomberg.com/news/2013-01-2…
The National Security Strategy's budget numbers are out by a lazy $2 billion, says @captainbrown: bit.ly/TtoJwX
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Women comprise 14% of the US army's active military personel. theatlantic.com/technology/a…

Women in Combat: An Idea Whose Time Has Come, Aided by Technology

Many of the arguments against "bands of sisters" are moot. Because of technology.

theatlantic.com
up to 90% of world trade by volume is seaborne economist.com/news/finance-a…

View from the bridge

What a big American port says about shifting trade patterns

economist.com
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"One of the questions puzzling [those] bearish on China is why iron ore prices have risen 80% in the past five months" crikey.com.au/2013/01/11/if-…

If we ride on the back of iron ore, the recovery signs are good

Iron ore prices have staged a remarkable comeback, boosted by a stronger Chinese economy and favourable weather conditions. It could deliver a bigger windfall to Australia than anyone thought.

crikey.com.au
... and "one in ten full-time employees earned $738 or less per week. " @ABSStats abs.gov.au/ausstats/[email protected]…
"One in ten full-time employees earn $2,364 or more per week" @ABSStats abs.gov.au/ausstats/[email protected]…
"Investors see a 48 percent chance the RBA will reduce the benchmark rate at its Feb. 5 meeting" - businessweek.com/news/2013-0…
"Australia has 39 full universities, and over 130 other higher education providers. Their revenues exceed $24 billion per year..."
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China's working age population shrank by 3.45 million in 2012, and will keep shrinking until 2030: bit.ly/VgVXjz
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a bachelor degree increases life earnings by $1m for women, $1.4m for men (median) universityworldnews.com/arti…
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