Saturday, September 28, 2013

EA sports law suit settlement

This past week EA sports announced a 40million dollar settlement in their class action lawsuit that was brought up by about 300,000 current and former players represented by the law firm Hagens Berman. As a result of the lawsuit EA will no longer produce its "NCAA football" which is one of the only video games I care to play. Split 40 million dollars 300 thousand ways and you end up with 133 dollars per plaintiff depending on complexity and chances of winning lawyers fees are anywhere from 50 to 15% in similar class action cases. So even on the low end that cuts it to 113 dollars per plaintiff which seems hardly worth the effort to take to court and force a cancelation of the game.

Thursday, September 19, 2013

two birds one stone

What better way to study for an economics test than to blog? probably lots but whatever. For this chapter we went over the basics of supply and demand and what causes the difference in prices of goods. Alfred Marshall's model of supply and demand explains why neither cost of production nor value to purchaser is by itself enough to explain why some goods are cheap and others expensive. When the price lies above the equilibrium price there is an excess supply as less people want to or can afford to buy. This motivates producers to lower the price to a point that they are satisfied with yet can sell enough to eliminate the surplus. Using supply and demand curve graphs economist can predict price changes if either were to change.

Wednesday, September 18, 2013

How to deal with a cold

Since it is entering the cold season i figure i'll be prepared by learning the best ways to handle a cold. The common cold, also known as nasopharyngitis, rhinopharyngitis, acute coryza, or a cold, is a viral disease of the upper respiratory tract mostly affecting the nose and throat. There is no cure but there are several ways to treat symptoms while your body battles the virus. Some of these ways include simple analgesic (pain killers) like ibuprofen, chest vapor rub like Vicks. Some people use cough medicine however it has not shown to be more effective than pain killers and there are enough side effects that they are not recommend for children. Other unproven but potentially less harmful ways to relieve symptoms is humidified warm air and or increased fluid intake.  

Thursday, September 12, 2013

Blog about blogs

I am currently typing a blog about blogs, but what is a blog? What are they about? Who writes them and why do they write them? By definition a blog is a Web site containing the writer's or group of writers' own experiences, observations, opinions, etc., and often having images and links to other Web sites. As noted above blogs can be about anything and everything or even nothing at all. Anyone can type out a blog and post it on a number of sites specifically made for blogging or if you are good at blogging and other people are interested in what you have to say your writings may be published by newspapers or websites. As to why blogs are written there are many reasons it may just be as a personal journal, a way to express your opinions, share your experiences or a requirement for your IS 101 class. In summary a blog is what you make it. 

Wednesday, September 11, 2013

value of an educated life

An educated life is valuable in many ways. It enables a person to advance their social and economic  standing and even that of their entire community. Being well educated is an essential part of freedom if you feel you are not educated enough to make some decisions you may be forced to rely on other people who may or may not be looking out for your best interest. Most of the ideas that have been presented are on par with my reasons for being here.