Higher Rock Education - Economics Blog

Taxing Outsourcing - The Cost to Consumers

Wednesday, January 25, 2017

Has outsourcing contributed to the loss of American jobs? We don't think so. In fact, we believe outsourcing contributes to American jobs. Click to Read More. More

The MKS Wealth Perspective - January 2017 Edition

Thursday, January 19, 2017

I would like to thank Mr. Sharples, the owner of MKS Wealth Management for permitting us to publish his newsletter as a blog. Mr. Sharples serves on Higher Rock Education's Board of Advisors. He has served my family for the past decade. I really enjoy his perspective. His insights are always valuable. Most importantly, Mike Sharples is a great friend. While we differ a bit on our view of 2017, I thought it would be worthwhile to share his newsletter. More

Ringling Bros. and Barnum Bailey Circus's Last Act – The Economics

Tuesday, January 17, 2017

What show has entertained Americans for 146 years? The Ringling Bros. and Barnum Bailey circus. Approximately 10 million attend the circus annually according to a New York Times article. For generations, the circus has rolled into towns, pitched their huge tents and dazzled audiences with flying acrobats, amusing clowns, freak shows, and other incredible feats. I remember trapeze artists performing summersaults high above the ground, jugglers of fire, men being shot across the arena More

4 Reasons Why Inflation Will Be a Concern in 2017 and 2 Reasons Why I Might Be Wrong

Thursday, January 12, 2017

Inflation has not been a policy concern since the second half of 1991, the last time the consumer price index increased more than 5 percent. It has been thirty-five years since the rate was over 10 percent. In fact, recently deflation has been more of a concern, when in 2010, prices increased less than 1 percent. The graph below is provided by the Bureau of Labor Statistics. More

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