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|Wednesday, October 01, 2008|
The past few months have been marked by surging gas and food prices, plummeting auto sales, a continued housing implosion and Russia acting like the old days. With apologies to Barbra Streisand, I can’t help thinking that this period might signal the end of the way we were.
The surge in gasoline prices leaped to the top of voters concerns, displacing matters of war, other economic issues and where Brett Favre would play. The factors cited in that price run-up cover the gamut from spiking consumption in nations such as China and India, where people with rising incomes are emulating some of the things we do; increasing demand in the Middle East; declining output in Russia; Nigerian unrest; and speculators (always popular when prices go up). Whatever the supply and demand factors involved, crude prices approached $150 per barrel.
Economic theory tells us that when relative prices change, it sends signals for people to alter their behavior. Hundreds of millions Americans got a new set of signals this past summer. Ridership on TriMet and other transit systems across the nation surged. Bicycle sales boomed along with sales of scooters. Amtrak ridership grew, while airlines hemorrhaged and dropped service to some small Oregon towns and began charging for peanuts. Miles driven began to drop, with the sharpest declines taking place in rural areas. Asset prices changed with large SUVs plummeting in value, while year-old hybrids sold for more than new ones, which were not available. Our real income decreased.
Wednesday, August 27, 2014
BY JENNIFER MARGULIS
As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.
Friday, September 19, 2014
BY TOM COX | OB BLOGGER
How can you tell if you, a peer, a subordinate or a job candidate has the emotional intelligence needed to do well?
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
Friday, October 17, 2014
BY TOM COX | OB BLOGGER
How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.
Thursday, October 02, 2014
More than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.
Wednesday, October 15, 2014
BY DIANE BUISMAN
Some common misconceptions employers have about marijuana.
Tuesday, August 26, 2014
Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
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The right financing at the right time is critical for small businesses to succeed.
Among Oregon universities, Oregon Tech is special in the way it incorporates applied research into the curricula of every department.
More than 400 "Change Makers" will gather to invest in a socially sustainable community.