The Next Bailout

by | May 8, 2015 | Articles

It has been five years since the newspapers exploded with stories of the Greek debt crisis, which, we were told, threatened the very existence of the Eurozone.  Eventually, a variety of bailout packages were negotiated, and things seemed to return to normal. As it...

What’s Next for Oil Prices?

by | May 8, 2015 | Articles

Last year, the big news in the U.S. economy was the dramatic fall in Brent crude oil prices, from just under $110 a barrel last July to something less than $45 a barrel in mid-March.  (See chart)  Since then, oil prices have jumped back up to more than $60 a barrel. ...

The Upper Uppers

by | Apr 27, 2015 | Articles

What does it take to be a “one percenter?”  How much do you have to earn before you fall into this rarified zone? A new study written by socioeconomists Estelle Sommeiller and Mark Price, looked at state-level tax data from the Internal Revenue Service over the past...

Where the money comes from

by | Apr 10, 2015 | Articles

As the tax filing deadline approaches, Money Magazine has offered some interesting statistics on our annual ritual.  In the early months, the IRS says that roughly 83% of all returns have resulted in refunds, with an average refund of $2,893 per return.  In all,...

Government Leaders and Leading Salaries

by | Apr 10, 2015 | Articles

You probably know that the U.S. President makes $400,000 a year in salary.  But do you know how that stacks up with elected leaders in the rest of the world? According to statistics compiled by Statistica.com, the U.S. President is actually pretty well-paid, earning...

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