Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education.

Opec- New Cartel

New Oil Cartel Threatening OPEC

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When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. Now, it may be time for it to start worrying.

“The timing is right. The boom in U.S. oil and gas production gives us greater leverage against OPEC,” the Times of India quoted an Indian official as saying last month after the formal start of said talks. The two countries, after all, account for a combined 17 percent of global oil consumption and they are the ones that would be the hardest hit if prices rise as a result of OPEC’s actions.

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Don’t Count Your North Korean Chickens Before They’re Hatched

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A few weeks ago, I was telling a few thousand of my “closest friends” on Facebook that you can’t count your North Korean chickens before they hatch. North Korea has a long history of provoking the West with Nuclear threats then backing down in exchange for “concessions” and a “Treaty”. Typically this means a cash bribe from the West in exchange for a worthless promise from North Korea.  After a while the Treaty gets broken and the cycle repeats itself.  

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Telecommuting

Work From Home Trends To Expect In 2018

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Working from home is more popular than ever as a new report has found that the number of remote or telecommuting workers has increased by 115% in a decade. As remote working gives employees more flexibility and allows them to have work-life balance, it appears that there is no shortage in remote job listings in fields such as real estate, mortgage, and accounting as they continue to grow every year. This year, the number of telecommuting workers is expected to increase with new trends in remote work on the horizon.

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UK Inflation 2017

Brexit and House Prices – What’s going on?

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The impact of the Brexit decision has been much debated, with many economists stating that the UK economy would be harmed by a decision to leave, whether that’s through a loss of cheap labour that powers the fruit picking industry or the restriction of movement for those in the Square Mile. Unfortunately, one of the biggest challenges with determining how the economy is performing is the ‘lag’ between the economic data being collected and the data being analysed and reported on. Take GDP growth for instance, which usually reports on the performance of the past three months. The financial markets on the other hand, often have an almost immediate reaction to political crisis’, and indeed fluctuations in Sterling have certainly occurred since the Brexit vote. But the financial markets don’t always accurately reflect the state of a national economy.

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Europe by Heritage-Language

Catalan: Independence or Revolution?

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On October 1st, the Catalonian region of Spain held a referendum similar to “Brexit” on whether they should leave Spain or not. But unlike Brexit and the vote in Scotland the results weren’t even close. In the vote in Scotland to split from England, the vote was close but narrowly voted to stay. In addition, prior to the Scottish vote Britain had given permission for the vote to occur in effect opening the door to the possibility. This was not the case in Catalonia where the Spanish Parliament is rabidly opposed to secession.

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Solar Hot Water

Will Solar Energy Finally Catch On?

1 Comment / Energy / By

The idea of using solar power is a popular one. Not only is it eco-friendly, but the hope is that it can also save your household a significant amount of money. But the idea of using solar power is not new. The first solar hot water heater was created by Clarence Kemp of Baltimore who painted a tank black and enclosed it in a wooden box thus creating the first known “batch water heater”.

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eCommerce Trends: What’s in Your eWallet?

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All of these systems paved the way for the advent of eCommerce. Imagine trying to buy something online if all we had was physical currency. It would effectively be impossible to process electronic transactions without these modern digital currency alternatives. This area is bound to explode in coming years as the desire for more electronic transactions collides with a desire for more electronic privacy.

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