Higher Rock Education - Economics Blog

An Economist's Corny Blessings

Wednesday, December 21, 2016

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

National Debt Nears $20 Trillion

Tuesday, December 20, 2016

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

Dow Nears 20,000

Friday, December 16, 2016

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

How Does Snapchat Make Money? How Free Apps Generate Income

Tuesday, December 13, 2016

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

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