U.S. Steel and Apple: From One Billion to One Trillion

Rather like Apple just became the first trillion dollar corporation, in 1901 U.S. Steel took us past the billion dollar threshold.

Where Phones Pump Money

Kenya’s economic development has been fueled by a mobile banking system that makes it easy to save, send and spend money with a cell phone.

One Woman’s Response To Uber

Whether looking at a woman who needs close to $360 to pay her rent or a railroad that needs to be built, financial intermediaries are an economic necessity.

Marijuana Money Problems

Colorado’s marijuana growers and dealers are wasting resources because banks and insurance companies will not act as their financial intermediaries.

Liking the Robber Barons

A confession:  I have never disliked the “robber barons.”   Written by Matthew Josephson (1899-1978), The Robber Barons told us how the great nineteenth industrial empires were built.  Emphasizing the misdeeds of Rockefeller, Carnegie, Frick, and their contemporaries, the author helped…