Higher Rock Education - Economics Blog

Are US Farmers Losing Their Comparative Advantage - For Now

Monday, February 13, 2017

The US farm belt is tightening. Several trends have converged to hurt wheat farmers, but the bottom line is the demand is down and supply is up, resulting in an unsustainable position. More

Does Market Competition Deter Government Corruption? A Case Study – Hexi Pharma in Romania

Wednesday, February 08, 2017

What is the solution when government corruption leads to the loss of life of many people due to a tainted product? Is it more government regulations? Is it more competition? The primary responsibility of any government is to protect its citizens. Can protection be improved by allowing companies to compete? There is no simple solution, but a story by More

State of the Economy - January 2017

Friday, February 03, 2017

The Bureau of Economic Analysis and Bureau of Labor Statistics have published their January reports summarizing the performance of the US economy in 2016. Click to Read our Analysis. More

Dow Hits 40,000 (by 2026?)

Tuesday, January 31, 2017

Last week the Dow Jones Industrial Average topped 20,000 for the first time. I predict it will reach 40,000 by 2026. Sounds crazy, doesn’t it? Well, not really when you consider the power of compound interest. The table below provides the closing Dow Jones Industrial Average on the trading day closest to January first of the given year. More

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