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April 15, 2026 

AmosWEB means Economics with a Touch of Whimsy!

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AMERICAN ASSOCIATION OF UNIVERSITY PROFESSORS: An association of university and college faculty established in 1915 to protect academic freedom. Commonly abbreviated AAUP, this association is the closest thing university faculty have to a labor union. While it does engage in some collective bargaining functions with specific universities, similar to traditional labor unions, its primary function is to ensure that faculty maintain intellectual or academic freedom from political of social pressures.

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WHITE GULLIBON
Your compete MICRO*scope for today

You are the type of person who is easily exploited by others, but that's okay. Family and friends always take advantage of you. Today, you are likely to spend a great deal of time searching for a specialty store seeking to buy either pink cotton balls or a genuine down-filled comforter. Be on the lookout for high interest rates. You should consider shopping at stores or businesses beginning with the letter W, but do not buy any products with a serial number or product code containing the number 057597. Your preferred shopping venue is television shopping channels. Your special symbol is the minus sign (-).


Is this You?

As a White Gullibon, you are extremely trusting but somewhat impressionable, seeing only the good in other people. You tend to be a bit naive in the wily ways of the marketplace and thus are often exploited by others, especially the Reg Aggressorine. Like it or not, you are the poster child for the phrase "let the buyer beware." You are empathetic to the plight of others, often to your own detriment.


This isn't me! What am I?
VALUE IN EXCHANGE

The ability to trade an item or asset, especially money, for other goods and services that can then be used to satisfy wants and needs. Value in exchange means that value (that is, satisfaction) is obtained indirectly through the acquisition of something else. For an item to have value in exchange it need NOT have value in use, value obtained directly from the consumption of a good or service.

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The Sick State Of HEALTH CARE

Our pedestrian's guide to the economy would be remiss if we failed to stroll past the Shady Valley Memorial Hospital and my very own physician's place of business, the Dr. Dowrimple T. Bedside Family Clinic, to examine the considerable controversy over health care. A debate has raged for years over health care in the United States, including, but not limited to, the quality of services, their cost, their slice of the economic pie, who pays, who doesn't, and who should.
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APLS

The word "fiscal" is derived from a Latin word meaning "moneybag."
"Success doesn't come to you . . . you go to it "

-- Marva Collins, Educator

SWIFT
Society for Worldwide Interbank Financial Telecommunications
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