There seems to be bad news everywhere you look these days. Sometimes it seems like the world is falling apart. Between Ebola, climate change, Russia’s invasion of the Ukraine, and the ongoing war in Iraq and Syria.
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Renting vs. owning Ever since the financial crisis left many Americans in dire financial straits, the debate over renting versus buying a home has heated up. American households’ spending on housing is on average 33% of their annual expenses, but until recently we didn’t have data to show the differences in costs between monthly mortgage […]
In terms of balanced growth, the US is the strongest economy in the world right now. Here are a few charts that show the state of investment around the world. The data, taken from FRED, shows the percentage change in trailing twelve month real gross fixed capital formation from 1Q 2000 levels.
What goes on behind the scenes that the general public or entrepreneurs don’t see? Whatever you want to call “the sharing economy” or “marketplace startups,” peer-to-peer marketplaces continue to gain popularity, with a flurry of startups growing rapidly to keep up with all of this “on-demand” demand.
A state might have no income tax, but it might make up for that through other taxes. If you’re thinking about moving to a new location, it’s reasonable to seek out spots that might cost you less. Thus many people turn to states with no income tax. However, there’s more to the picture than income taxes. […]
A new law will allow entrepreneurs to equity crowdfund from anyone with the cash and the interest. Crowdfunding is really big and it’s only going to get a whole lot bigger. If you’ve been skeptical of all the crowdfunding buzz, consider this: By the end of 2014, crowdfunding is estimated to add at least 270,000 jobs […]
Many of us now receive payments as well as make payments. Ross Dawson: Last week I gave a keynote on The Future of Banking to a group of the most senior risk leaders in a major bank, sharing some provocative ideas on how the banking landscape may change in the years to come.
Uber implements “dynamic pricing,” which some customers see as price gouging. There is plenty of press these days on the pros and cons of the so-called “sharing economy.” Consider the diverse takes last week from MIT Technology Review, the New York Times, and the Kansas City Star.
The consumer “sharing economy” gives us a taste of what it’s like to live in a world where we own less. There’s a tremendous change going on right now in our society. Those of us who enjoy services like Uber and Kickstarter are experiencing it firsthand. The sharing and collaboration practices of the internet are […]
Obamacare is not universal health care. If the American health care system were to break off from the United States and become its own economy, it would be the fifth-largest in the world. “It would be bigger than the United Kingdom or France and only behind the United States, China, Japan and Germany,” says David […]