#TBT: Today’s Throwback Thursday looks back to why Standard Oil was divided into 34 companies by the Supreme Court in 1911 and then forward to Amazon.…
What You Might Not Know About Cheap Oil
Because markets fluctuate, oil prices will rise and fall but the consequences of cheap oil can be unexpected.…
Monopoly Game Surprises
Celebrating an 80th anniversary, 80 French Monopoly sets will have real euros. About money, Monopoly has market lessons, especially if you change the rules.…
Gender Issues: Lessons From Hetty Green
Perhaps we should remember Hetty Green when trying to erase the gender pay gap. Hetty Green, who died at age 82 in 1916, was a multimillionaire who owned Dewey, a terrier that bit people. Asked why sh…
Job Creators or Robber Barons?
I have confessed before that I admire the entrepreneurs who have been called the robber barons. Carnegie and steel, Rockefeller and oil, J.J. Hill and railroads, Morgan and money. These men and others…
Inequality Questions
Astoundingly, the country in which we are born determines 60% of our income. And then, the next 20% relates to our parents’ affluence. Here are some answers to other interesting questions we nev…