Higher Rock Education - Economics Blog

US Corporate Tax Rates - Are They Too High?

Tuesday, March 28, 2017

Who should we believe? Many leaders, including President Trump, state that US corporations are among the highest taxed companies in the world. Other leaders, including Senator Bernie Sanders, point to many profitable companies that did not pay income tax recently. “27 giant profitable companies paid no tax” in 2015 according to an article in USA Today written in March 2016 by Matt Krantz. His list includes General Motors, American Airlines, Xerox, and many more well-known companies. Mr. Krantz w More

Demonetization Impacted My Life: Money in My Bank - None in My Pocket

Thursday, March 23, 2017

Last month we published a blog describing the demonetization of the 500 and 1000 rupee notes by Prime Minister Modi in India. We asked our Indian contributor to write of her personal experience. Here is her story: More

Why Economics is Important - A Student's Perspective

Friday, March 17, 2017

I recently read an impressive article in the March 2nd WSJ by a high school junior, Benjamin Auslin. He pleaded with President Trump to require high school students to complete a course in basic economics! I encourage you to read his article if you subscribe to the Wall Street Journal. If you don’t, here is a summary. More

State of the Economy - February 2017

Wednesday, March 15, 2017

The February reports are in. The economy continues to grow. Prices have increased more in January than any month since February 2013. The labor market is strong and showing signs of wage increases as conditions tighten. This points to a probable tightening by the Federal Reserve this afternoon. Please note we have tried to use the most updated information in our graphs, but these figures are constantly revised. Links to the sources have been provided so readers can secure the most up to date figures. More

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