Teacher Tools and Tips
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Teacher Tools and Tips
Tools, tips and practices to share with teachers
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Finland's hugely exciting experiment in basic income, explained

Finland's hugely exciting experiment in basic income, explained | Teacher Tools and Tips | Scoop.it
It's the biggest test of basic income to date.

Via Xaos
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The 12 Most Infamous Economic Oddball Theories

The 12 Most Infamous Economic Oddball Theories | Teacher Tools and Tips | Scoop.it

These are the myths, theories, and flat out falsehoods that just won't die.


Debunked!
Sharrock's insight:

These conspricacy theories might be both educational as well as entertaining in a secondary school US History or Economics class. Students can explore the attraction of conspiracies and can strive to understand why the "debunks" actually debunked the conspiracy it follows. More advanced students might find economic conspiracy theories that are not listed here or they could find connections between politics and economics.

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1.5 The Long-lasting Effects of Decisions - YouTube

How behavior economics works in explanation of the reasons we pay more for Starbucks coffee than we will for Dunkin Donuts.

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Ranking America's Biggest Companies By Turnover Rate

Ranking America's Biggest Companies By Turnover Rate | Teacher Tools and Tips | Scoop.it
This post previously appeared on Business Insider. By Vivian Giang The job market is picking up, and workers are increasingly jumping ship.
Sharrock's insight:

This is something that might be useful for school guidance counselors as well as for students pursuing STEM professions. Intersting ways to interpret these turnover rates. In the article it is noted that Katie Bardaro, lead economist at PayScale, told Business Insider it's not always a bad thing for the job market. "Workers might be job hopping more than before ... this means that the industry is hot and the economy is improving," she said. "Some of the firms on [the high turnover] list, they're there because they're a hot market."

 

from the article: "Average employee tenure was a little over nine months. Other companies with high turnover include Amazon, AFLAC, and Google with employees sticking around for an average of one year."

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The 1 Chart That Reveals Just How Grossly Unfair The U.S. Tax System Has Become

The 1 Chart That Reveals Just How Grossly Unfair The U.S. Tax System Has Become | Teacher Tools and Tips | Scoop.it
Apple CEO Tim Cook waved a magic wand in front of America on Tuesday, vanishing our outrage over how shamelessly companies avoid paying taxes, leaving the rest of us to foot the bill. ( This something to investigate in more conservative journals. If accurate, a decrease in corporate taxes did not help our economy nor did it improve employment rates. The 1950s, however, take on a new significance. )
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Who Rules America: The Class-Domination Theory of Power

Who has predominant power in the United States? The short answer, from 1776 to the present, is: Those who have the money -- or more specifically, who own income-producing land and businesses -- have the power. George Washington was one of the biggest landowners of his day; presidents in the late 19th century were close to the railroad interests; for the Bush family, it was oil and other natural resources, agribusiness, and finance. In this day and age, this means that banks, corporations, agribusinesses, and big real estate developers, working separately on most policy issues, but in combination on important general issues -- such as taxes, opposition to labor unions, and trade agreements with other countries -- set the rules within which policy battles are waged.

While this conclusion may at first seem too simple or direct, leaving little room for elected officials or voters, the reasons behind it are complex. They involve an understanding of social classes, the role of experts, the two-party system, and the history of the country, especially Southern slavery. In terms of the big world-historical picture, and the Four Networks theory of power advocated on this site, large economic interests rule in America because there are no rival networks that grew up over a long and complex history:

There is no one big church, as in many countries in Europe
No big government, as it took to survive as a nation-state in Europe
No big military until after 1940 (which is not very long ago) to threaten to take over the government
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Why Do Outlet Stores Exist? — HBS Working Knowledge

Why Do Outlet Stores Exist? — HBS Working Knowledge | Teacher Tools and Tips | Scoop.it
"By virtue of going to an outlet, you are revealing something about yourself to the seller," says Ngwe. "By the fact that you drove there, the [retailer is] going to offer you a lower-quality good." That doesn't mean that companies are "tricking" consumers, however. In truth, says Ngwe, consumers win out in the end by having greater choice.
Sharrock's insight:

"By virtue of going to an outlet, you are revealing something about yourself to the seller," says Ngwe. "By the fact that you drove there, the [retailer is] going to offer you a lower-quality good." That doesn't mean that companies are "tricking" consumers, however. In truth, says Ngwe, consumers win out in the end by having greater choice.

  This could be useful for a financial math class or high school economics class. It could make for an interesting discussion about pricing and value when looking at how students shop. What do they think (reflection) when shopping for clothes, food, coffee, other items. 
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THE CORPORATION [11/23] Basic Training

11. Marketing has transformed itself into a sophisticated, pervasive force that extends into every part of our lives. Slick advertising campaigns are designe...
Sharrock's insight:

I'm sure teachers of economics and entrepreneurship courses have seen this DVD The Corporation. This is a clip that focuses on marketing. The various disciplines mentioned that inform and drive the field of Marketing might also find itsel in lessons facilitated by school guidance counselors when exploring careers and preparation for those careers. 

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Here Are The Most Expensive Cities To Run A Household In America

Here Are The Most Expensive Cities To Run A Household In America | Teacher Tools and Tips | Scoop.it
The most expensive and affordable places where families can live the American Dream. (dated materials can be used in classrooms just like primary documents in social studies classes can be used.)
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