The US National Park Service (NPS) celebrated its 100th year anniversary on August 25, 2016. The creation of the great park system has been called called “the best idea we ever had.” by the famous writer and environmentalist Wallace Stegner. Below is a neat infographics on the parks from the WSJ: Click to enlarge Source: How Economical …
Wealth distribution or lack thereof varies across OECD countries. The US is the most unequal country in terms of household wealth distribution among the select countries shown in the chart below: Click to enlarge Source: OECD The richest 10% of the Americans own more than 75% of the total household net wealth.Crony capitalism, regulatory capture, …
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Here is a simple and concise infographic showing the differences between the economic plans of Clinton and Trump: Click to enlarge Source: Alliance Bernstein Blog Also see: The next US president will shape the future course of the global economy, Money Observer, Nov 8, 2016
Every four years elections are held to elect a President. However there many fundamentals flaws with the way this process is setup one of which is the unique and mysterious electoral system. I came across an interesting articles this weekend on why the US election may present a good opportunity to buy US stocks. From …
Continue reading ‘Who can Fool More of the People for More of the Time’ »
Global trade is very important for economic growth. So protectionist trade policies will lead to stunted growth or a recession. Increased global trade has tripled the share of trade in US national income in the past 50 years as shown in the graph below: Click to enlarge Source: November 2016 Trump – another Brexit moment?, The Absolute …
Continue reading ‘On The Relationship Between US Trade and GDP 1960-2015’ »