My daughter called me a nerdy economist after reviewing my blessings...but that's OK she also told me she loved me. We would like to wish everyone a Merry Christmas and Joyous Holiday Season. May you understand your opportunity cost before making an important decision. More
The United States is close to being $20 trillion in debt! That's right, sometime in the next few weeks the US national debt will hit $20 trillion. The Durst and National Debt clocks have been used to estimate the national debt. They differ slightly. More
It is hard to believe the market may hit 20,000 soon! The Dow Jones Industrial Average has increased 150% since President Obama took office. On January 20 2009 the market index was 7,949.09. Yesterday it closed at 19,852.24. This is an average of 18.7%. Why has the increase been so great? Here are several More
Ever wonder how companies that give their product away earn money? Several years ago, Red Hat launched and provided open source software. How could they make money? Presently social media companies that give their application away baffle me. Our British contributor explains how companies like Snap, Inc. (Snapchat) intend to earn a profit. More
