Over the past year, several world-famous musicians have sold their music catalogues for hundreds of millions of dollars. Most recently, Bruce Springsteen sold his music rights to Sony Music for a reported $500 million. When artists “sell their music,” what they are selling is the…
Fiscal policy is determined by the federal government on three levels: (1) changing tax structures to maximize revenue collection, (2) regulating government spending based on the pulse of current economic activities and plans for future economic growth, and (3) overseeing/managing the public debt. One recent…
The dollar store, a staple in strip malls across many parts of rural America, is on its way to becoming the dollar and a quarter store. The appeal of the often cramped stores filled with a vast array of household products ranging from toys to…
The CNBC video provides a succinct summary of efforts taken at local levels to address the devastating effects on land especially housing from natural disasters. These natural calamities are occurring not only more frequently, but also taking place for prolonged periods of time. Here are…
Use this link to view a 5 minute video “Your Coffee Is Getting More Expensive Due to Bad Weather in Brazil” from WSJ.com If you’re like many coffee drinkers, you probably don’t think about global warming when you’re paying for your latte. However, as climate…
The PBS Frontline video provides a summary of events leading to a trade war – started since July 2018 – between the United States and China under the Trump Administration to help increase domestic production of goods that will reduce the reliance on imported goods…
The 3 key roles of money are to serve as a medium of exchange, as a unit of account and as a store of value. These roles have shaped the evolution of the banking system from the roman churches to the present global banking system…
Shortly after the US announced a release of petroleum from the Strategic Petroleum Reserve coordinated with several other countries, Canada announce that they too would be tapping in to their strategic reserves…of Maple Syrup. The Federation of Quebec Maple Syrup Producers, which produces more than…