Of all the so-called “robber barons” who made vast fortunes, purportedly by callous and anti-competitive mans, the one most solidly identified with a great philanthropic legacy is Andrew Carnegie. Although many of the wealthy industrialists of the Gilde ...
Tag: Middle Class
Feature - April 25th, 2012
Blog Post - February 13th, 2012
During July of last year we went though the details about the manipulation of the rate of unemployment. We showed how the decrease in the quantity of the people considered “in the labor force” leads to a lower rate of unemployed than is in fact ...
Feature - December 7th, 2011
In Michael Maloney’s most recent presentation at the Peak Potential Summit in Los Angeles, he discussed his founding vision for his companies, WealthCycles.com and GoldSilver.com. It’s a trite statement to say that the purpose of any company is to make ...
Feature - October 26th, 2011
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
— Friedrich von Hayek
The numbers are in, and the unthinkable has happened. For the first time in generations, the st ...
All terms: capital gains, currency, Current Analysis, economy, Income Disparity, Inflation, Middle Class, Price, wealth creation
Feature - October 20th, 2010
The U.S. middle class is under attack—by its own government.
In the United States, the middle class has been a key characteristic of the American Dream. Part of being “middle class” was the ability to own a home, to drive a car, to raise a fam ...
All terms: BRICs, Current Analysis, Middle Class, Unemployment
Blog Post - October 20th, 2010
The U.S. unemployment rate is one of the key indicators of how an economy is performing. With an unemployment rate of 9.6%, what does this mean for the United States?
As depicted by this chart, the U.S. unemployment rate is very cyclical. People los ...
All terms: Middle Class, Personal Finance, Unemployment, US Economy