Higher Rock Education - Economics Blog

16 Items that Have Been Replaced by Your iPhone

Thursday, September 28, 2017

Earlier this month, Apple released its iPhone 8 and iPhone 8 Plus. Smartphones in general are not cheap, but the iPhone 8 retails for $699 and the iPhone 8 Plus comes in at $799. I have heard many of my friends debating over whether or not it’s worth such a high price tag. While those prices seem extremely steep at first glance, I began thinking about all of the items that our smartphones have replaced. As all of these things are added up, it makes the price surprisingly more reasonable. More

Toys "R" Us Files for Bankruptcy Protection

Wednesday, September 20, 2017

Monday evening Toys “R” Us, joined a large list of retailers that have filed for bankruptcy protection. Growth of the internet, a large debt load, and frightened suppliers all contributed to its demise. More

How Well Do You Know Your Presidents and Economic History?

Tuesday, September 19, 2017

Economic history is in many ways more important than political history. Careers and family wealth are shaped by our economic history. Presidents have set policies that are influenced by their place in history. Some have focused on improving the well-being of the poor, while others have emphasized economic More

State of the Economy - August 2017

Thursday, September 14, 2017

The economic reports for August are in, and there were no big surprises. A growing economy, low unemployment, and an increase in income are reflected in an improvement in consumer sentiment. More

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