Inflation pinches some more than others
Few people understand the impact of inflation in their lives because it happens slowly. When inflation is high, budgets get stretched. When wage growth is flat inflation sinks hopes. Today, economic data suggests prices are
Jobs, the Middle Class, and Globalization
Economic dissatisfaction is a pervasive theme in this year’s Presidential primary season. This week’s articles focus on jobs, particularly manufacturing jobs; the state of the middle class; and globalization. The real jobs issue that nobody
Wisdom of Warren Buffett & Charlie Munger
The first weekend in May each year the shareholders of Berkshire Hathaway make a pilgrimage to Omaha, Nebraska. This annual rite is as much to pay homage to Warren Buffett and Charlie Munger, Chairman and
The Luckiest Man Alive
Today I consider myself one of the luckiest men alive. Birthdays and anniversaries are occasions for reflection—today is my birthday, and it’s also time to complete the Annual Minutes for the corporation. The satisfaction of
Economic Uncertainty and the Presidential Election
Presidential elections almost universally encompass economic issues—the electorate “votes with their pocketbooks.” This Presidential primary season has been no different than most, aside from the unusually distasteful rhetoric on the campaign trail and the pervasiveness
The Last Rodeo: This Week with J. Mark Nickell & Co.
Speculation about Peyton Manning’s retirement from the NFL is this week’s inspiration. We share a few thoughts on preparing for an early retirement. Live below your means. One rule of thumb holds that you need