Mulaland

29/09/2015

By Tomi Idowu (preface by Mr. Desmond Mushi) Learning drives economic growth, fuels innovation and creates jobs. It equips countries – and people – with skills they need to escape poverty and build prosperity. And at the very least, education gives people the power to build more secure livelihoods, enjoy better health and participate in political processes that affect their lives. [ 1140 more words. ]

https://mulaland.wordpress.com/2015/09/29/valuable-lessons-from-eating-pizza

By Tomi Idowu (preface by Mr. Desmond Mushi) Learning drives economic growth, fuels innovation and creates jobs. It equips countries – and people – with skills they need to escape poverty and build...

28/09/2015

The typical man with a full-time job in 1973 earned $53,294, measured in 2014 dollars to adjust for inflation. The same typical man with a full-time job–the one at the statistical middle of the middle–earned $50,383 last year, the United States Census Bureau reported two weeks ago. What about women? Well, they haven’t closed the pay gap with men, but the inflation-adjusted earnings of the median female worker increased more than 30% between 1973 and 2014, to $39,621 from $30,182, according to census data (Brookings Institution 2015). [ 427 more words. ]

https://mulaland.wordpress.com/2015/09/28/a-typical-male-worker-in-the-us-earned-less-in-2014-than-in-1973

The typical man with a full-time job in 1973 earned $53,294, measured in 2014 dollars to adjust for inflation. The same typical man with a full-time job–the one at the statistical middle of the mid...

24/01/2015

GDP: A useless indicator of economic well-being http://wp.me/p4hcSH-1H

We just started learning macroeconomics in A2 Cambridge International Examinations Economics. For the past two lessons, I have introduced concepts such as leakages, injections, and the most famous of them all, Gross Domestic Product (GDP). Since GDP measures the total value of all the goods and services produced in a particular economy over a period of time, GDP does tell us something about the well-being of people in a particular country. [ 1027 more words. ]

24/01/2015

Dressing for the job…or in this case… flight

Happy new year to us all in the world of Mulaland. They say that with a new year comes new things. Well I hope that for us citizens of this sovereign nation, we will endeavour to write more and express our weird observations of this strange thing we called life. Having recently finished two books by Freakonomics authors, Steve squared, I have endeavoured to peer the world through a set of fresh eyes.

28/06/2014

UNEMPLOYMENT in the LOVE MARKET http://wp.me/p4hcSH-1s

By MULALAND inhabitants in District L7 On a fateful Friday morning, we (the citizens of MULALAND) decided to embark on a journey to learn the link between economic theory and real life. I remember that we were just finishing the first topic in…

27/06/2014

The Economics of the Premier League http://wp.me/p4hcSH-1n

By David Gyampo The Barclays Premier League is the most popular football league in the world in terms of viewers. Every weekend, 4.7 billion people tune in to their TV sets to watch 22 men run on an artificial pitch for 90 minutes or so (provided that…

30/05/2014

By Valery Atieno The Boxing Match “Women cannot have it all. One has to choose. I see children as an opportunity cost.” I proudly declared my verdict with a lot of conviction in my tone but a sulle...