oikonomia

management of the household (community, society, humanity & biosphere) so as to increase its value to all members over the long run
oikos: household; and nomos: rules

Economics, social science concerned with the production, distribution, exchange, and consumption
of goods and services. Economists focus on the way in which individuals, groups, business enterprises,
and governments seek to achieve efficiently any economic objective they select. Other fields of study
also contribute to this knowledge: Psychology and ethics try to explain how objectives are formed;
history records changes in human objectives; sociology interprets human behavior in social contexts.
-Encarta

T12
Eeyore ponders a new career.
"Actually," Eeyore continued, "I'm thinking about a new career myself - personal growth and whatnot, and et ceteras, you know. I'm considering becoming an economist. Actually I didn't think of that myself. Owl suggested that I might be suited for it. He said someone called Thomas Carlyle said economics was the Dismal Science. That sounds most interesting."
-Winnie-the-Pooh On Success by Roger E. Allen & Stephen D. Allen

Saturday, August 19

Ford Slashes 4Q Production

The automaker will cut vehicle production by 21% in the last three months of the year. With gas prices at $3, the company will lower the number of pickups and truck-based SUVs coming off the assembly line.

Ford Slashes 4Q Production

Wall Street is unimpressed
The stock market usually applauds radical cost cutting moves for money-losing companies, but shares of Ford fell more than 3% in morning trading.

...
Last week, TheStreet.com said Ford's announcement of a plan to start designing new cars by finally listening to what car buyers want was worthy of a spot in its "five dumbest things on Wall Street," noting: "Well, you've got to start somewhere."

JeanS

posted by t12cjc | 1:25 pm

0 Comments:

Post a Comment

<< Home