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.
Continue reading… “The state of investments around the world: Charts”
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.
Continue reading… “What sharing-economy startups know that you don’t”
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.
Continue reading… “Do states with no income tax save residents money?”
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 and inject more than $65 billion into the global economy, according to estimates from crowdfunding platform Fundable. (Infographic)
Continue reading… “Crowdfunding will provide $65B to boost the 2014 global economy”
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.
Continue reading… “Micro-payments between connected devices could enable a new layer of the economy”
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.
Continue reading… “The ‘sharing economy’ – sharing isn’t free and price gouging isn’t mean”
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 extending to transportation (Uber), hotels (Airbnb), financing (Kickstarter, LendingClub), music services (Spotify) and even software development (Linux, Drupal).
Continue reading… “The zero marginal cost economy”
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 Blumenthal, executive director of the non-profit Commonwealth Fund. Here are eight facts that support reality.
In the last ten years, the increase in global imbalances has posed a theoretical challenge for international macroeconomics. Why did some less-developed countries with a higher need for capital, like China, lend to richer countries?
Continue reading… “Why some poorer countries lend to richer countries”
Caesar Augustus died two thousand years ago, on August 19, 14 AD. He was Rome’s first emperor, having won a civil war more than 40 years earlier that transformed the dysfunctional Roman Republic into an empire. Under Augustus and his successors, the empire experienced 200 years of relative peace and prosperity. Here are 40 maps that explain the Roman Empire — its rise and fall, its culture and economy, and how it laid the foundations of the modern world.
One hundres dollars goes further in some states than others. A map released by the Tax Foundation, via Elliot Turner, shows the relative value of $100 in every state compared with the national average using the data from the Bureau of Economic Analysis.
Continue reading… “How much $100 is worth in every state: Map”
GDP growth
The is growth of the U.S. economy still so slow and weak? One reason is that average American consumers account for the vast majority of the spending in the economy and they are still strapped.
Continue reading… “Why America’s economy stinks: Because business owners are greedier than ever”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.