Many of the world's most valued companies have relatively few tangible assets when compared to 50 years ago. Why? And what are the implications for investors and the rest of the economy? Mr. Sharples writes about the book Capitalism without Capital by Haskel and Westlake. More

Volatility in today's stock market - this article puts the instability in perspective. Learn more at Higher Rock Education - where all our Economic Lessons are Free! More

Investors of bitcoin are not the faint of heart. Their wild ride took them from a low of $739.55 to a high of $19,870.62 in 2017. (Yahoo Finance) During the ride the value experienced swings greater than 5% in a single day on 240 occasions. (That is the equivalent of the Dow Jones Industrial Average moving approximately 1,000 points in a day.) What caused the huge changes in value? Supply and demand, of course! The demand for bitcoin has been a tug of war between speculators and investors who be More

I love Christmas. I enjoy spending more than one day with my family, attending parties, reading Christmas cards, and of course the tradition of exchanging gifts – both the giving and receiving. But for our family gift giving has gone a little over the top! This year we hope to emphasize being together and enjoying each other’s presence. That doesn’t mean More