So much for scaling back. The world’s rich and elite — or those who just want to appear so — have been cracking open their wallets in a big way lately, and luxury automakers are the beneficiaries.
Wealth
The Real Significance of the Bitcoin Boom (and Bust)
Online currencies like the Bitcoin are one day likely to alter government policy, just as the bond market did in the 1990s
Why Derivatives May Be the Biggest Risk for the Global Economy
Since the recession, the value of derivatives outstanding has grown, and they remain very risky with the potential for large, unpredictable losses.
Can the U.S. Dollar Become Almighty Once Again?
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
So Your Video Went Viral: Great! Just Don’t Expect to Get Rich
Thanks to the Internet, it’s never been easier to become briefly famous. Posting an especially creative, embarrassing, funny, or otherwise highly “shareable” video or blog online will usually do the trick. But becoming rich and famous? That’s far more difficult.
6 Reasons the Stock Market Could Do Surprisingly Well in 2013
A slow-growing economy with little inflation can actually be the best environment for blue-chip stocks.
What the Current Economic Outlook Means for American Families
The economy is likely to keep improving, but slow growth could develop into chronic stagnation.
Why the Fiscal Cliff Deal Should Have Included Social Security
Social Security may not add to the deficit, but it does add to the national debt. Fortunately, it’s easy to fix this.
The Pessimist’s Guide to Surviving the Fiscal Cliff
Whatever the budget deal, it probably won’t be able to prevent sluggish growth and the risk of rising inflation.
Is the U.S. Waging a War on Savers?
Government policies that discourage saving are one of the chief reasons that so many Americans fail to put money away regularly.
Who Should Pay More in Taxes?
Perhaps the affluent should pay more income tax, but the middle class will end up footing most of the bill – because that’s where the real money is.
Atlas Shrugonomics
We all feel unappreciated sometimes. It was the particular genius of überlibertarian author Ayn Rand to turn those hurt feelings into a political movement of sorts, at least in the fictional world of her massive novel Atlas …
