new studyblr!

I am trying to get myself into this community because I really do need the support system right now.

I’m a 22-year-old Portuguese student, studying Economics and International Management (big fancy words?) and I expect to get my habits and productivity straight this next semester.

I’ll be taking International Business Law; International Strategic Management; Markets to Internationalization; and Management and Continuous Improvement. Since this is a (European) masters program, that’s all, but it is still incredibly demanding, considering it’s only four classes.

I had my last exam from last semester this week and now I have a week off to organize and get ready for the new semester! You might not see a whole lot of me this week because I also need to take some time off for myself and relax, but I’ll be slaying it starting on the 15th. :P

So far my favorite studyblrs and the ones that inspired me to start are @intelectum@elkstudies@theorganisedstudent , @studyspiration-coffee , and many, many others. I am particularly fond of Portuguese and Brazilian studyblr, so do message me any you know! 

I will follow everyone back, but it will probably show up as my main account, @sexcoffeeandpoetry , which is my wild side. ;)

Thank you and happy studying!

Adam Smith insisted that “taxes should be proportional to how much a person benefits from living in society.”

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I’m finally in a place where I’m quite happy with my note taking system, so I’ve decided to show you how I do it.

I like to split my notes in two types. I write my notes on paper when I have a lot of diagrams, symbols or drawings(e.g. bio, chem) and those that are just plain text are written using OneNote.

For those of you who are not familiar with OneNote, it allows you to create different notebooks and add different sections with their own pages to them.

This is my ‘School Notes’ notebook and I have a section for each subject. The section that you can see is for my economics class with notes on the economic order in Germany and the competitive order. I open a new page for each topic that I’m working on.

We deal with a lot of laws in economics right now, so this is basically a summary of each law that I’ll need to apply in my tests.

I use stars and exclamation points to make it easier to find things when I don’t have a lot of time. The stars are, in this case, for summarized laws that I can find in my economic laws book, but in general, I use stars for things that I can look up, be it in a book, my other notes or that have been said by the teacher.

Exclamation points are for things that we’ve dealt with for a long time, which means that there is a 80% possibility that they will be on the test. This makes planning much easier and keeps me from allowing time to studying things that aren’t that important for my mark.

I try to keep it short, a good way of learning while summarising, and to group things which are related so that they will all be in one place. Like in this example, everything that has to do with the cartel ban is under one, the things related to the control of mergers is under two, control of abusive practices is under three.

I write quotes in bold and questions asked in class in italic.

You can also take pictures and build them into your notes, but I don’t use that feature.

So that’s how I use OneNote for my school notes!:) I hope this helped!

Hayek on the Paradox of Saving
Chronic underconsumption is an idea most often associated with Keynes, writes Robert Blumen. But while the infamous English economist published his General Theory in 1936, Hayek's 1929 article "The 'Paradox' of Savings" analyzes a similar theory advanced by two Americans a decade before. While the two authors have nearly vanished from history, the insights contained in Hayek's nearly forgotten article are more necessary today than ever.The two protagonists were college president William Trufant Foster and businessman Waddill Catchings. They aimed to show how the production of goods could increase, with no corresponding increase in the purchasing power of consumers. Under these conditions, not all consumer goods could be sold at prices above producers' costs. Markets would fail to clear, or producers would take a loss on each sale; the economy would spiral downwards into depression.

Surprise! Data shows job markets grinding to a halt in cities with recent minimum wage hikes

People who don’t understand economics will be thoroughly baffled by this new data. As it turns out, when salaries are based on anything but fair market value, job markets take a dive. Government bureaucrats and labor union lobbyists fail to understand this time and time again, and the people who stand in the picket lines demanding a higher wage don’t realize that they’re really killing their own chances of getting a job at all.

read the rest

Here’s the underlying issue: capitalism, as it is now, is a fucking disaster. The people who do not want to change it are the people who benefit the most from it. When someone like Bernie Sanders who has 40+ years’ experience comes along and says, ‘hey…this shit doesn’t work,’ there needs to be a lid put on capitalism by way of regulation. People like Hillary who obviously benefit from unchecked capitalism become threatened. They start shit talking. They claim that Bernie’s ideas are a fucking pipe dream… hmmm. Seems to me this nation was at its peak when unions were strong and the wealthiest were taxed at rates significantly higher than now. The claim that Bernie doesn’t have a clue is false, as a lot of what he talks about adds up to things that have already been done and have been done successfully. Regulation is the key to longevity, and establishing better equality is also key to the overall strength of this nation.
—  @shouldntseethis

True words. Thanks!