American parents often worry about money and upward mobility for their children. A recent New York Times survey suggests that nowadays American parents spen

Tax policy pluralism for addressing special interests Economists often praise as pluralism the interplay of special interest groups in public policy. In

CNBC reports the Top 5 features of Apple's iPhone X. This new product release can be the rising tide that lifts all boats in Apple's upstream value

The financial services industry needs fewer banks worldwide. As long as banks have existed in human history, their managers have realized how not all dep

Platforms benefit from positive network effects, scale economies, and information cascades. There are at least 2 major types of highly valuable platforms: i

New computer algorithms and passive mutual fund managers run the stock market. Morningstar suggests that the total dollar amount of passive equity assets re