As much of a lkegendary investor as Warren Buffett, Berkshire Hathaway’s Charlie Munger can teach us a lot about markets.
Economic History
US economic history starts with the 13 colonies and the transition from communal to individual land ownership, continues with 19th century economic growth and takes us to the role of services during the 20th century. Involving government, consumers and businesses, at econlife, economic history provides more understanding of today’s economy.
What the Best Airports Do for Us
Using WSJ’s reliability and convenience ranking metrics for 20 large and 30 midsize airports, we can judge their cost and benefit.
How to Cut the Cost of Commuting
At 26 minutes, my typical commute time is average. But there is a faster way. The Cost of Commuting When the cost of housing was high near work, many of us moved where homes were cheaper. The result was a…
Why Our Holiday Presents Could Be Delayed
When the Panama Canal reduces traffic because of a water shortage, it creates a logjam that could delay our holiday presents.
Six Facts About Owning Stock
To see how stock ownership is a part of the lives of 61 percent of all Americans, we can look at six facts.
The Value of the Golden Spike
Much more than a reminder of the transcontinental railroad, Utah’s new golden spike is about a transportation infrastructure.
What “Trading Places” Tells Us About Markets
Still very funny after 40 years, “Trading Places” reminds us of the Eddie Murphy Rule and why markets depend on information.
Why China Is Doing a Belt and Road Pivot
As China begins the second decade of its Belt and Road initiative, it says it will pivot from the past with a new approach.
How to Board a Plane Quickly
Although airlines say that speedy boarding is a priority, their incentives prevent them from ever achieving it.
The Demise of the Gas Station
Looking at gas station economics now and in the future, we see electric vehicle (EV) chargers as an existential threat.