So I told my forecasting students I would post what I taught them today. I project monthly ND oil prices forward to the end of 2016. The following graph is the result of this process.
What’s that in the sky?
JT and I talked about the issue of economic development in Grand Forks on the Jarrod Thomas Show today. Let me preface my remarks with a recognition that economic development is a difficult process, whether we are talking about managing it, reacting to it, hoping for it, or whatever. Development can inherently alter relationships in an economy, and in unpredictable ways. (Note I am not advocating management of economic developing because I think that often creates its own issues but we can discuss that later.)
Apple Watch: Discussions with my students
My students and I had a good laugh this week about the Apple watch commentary in the press. A great deal of the discussion originated from this Bloomberg article. The general notion from the article is that you will “want one, but not need one.” This got a pretty serious discussion going about a few issues: 1) the state of consumerism in the U.S. (and the world today) and, 2) the effects of disruptive innovations on markets.
Grand Forks Population: Living on the Edge?
I have not been able to post a great deal lately as it is a busy time on campus. Lots of reports to write and students looking to finalize things for graduation. However I expect to be back in the swing relatively soon. Here is a look at some of my recent work that I have not yet posted.
Continue reading Grand Forks Population: Living on the Edge?