Gongol.com Archives: May 2015
May 30, 2015Who's setting up new businesses?
Wunderkinds get all the good press, but entrepreneurs are pretty evenly distributed across age groups -- and workers over age 50 are better-represented than in the past. But women are much harder to find among the ranks.
Look to the revealed preferences for the news before the news
Demand for supertankers has gotten suddenly hot again, and that's a pretty good sign that the oil producers aren't looking to cut back
The value of Latino voters to the Republican Party
One graph that illustrates two sea-change economic factors
The big, big decline in the number of people in the American workforce and the sustained zeroing-out of the Federal funds rate over the last ten years are a pair of massive forces bearing on the US economy. One signals a generation leaving the workforce, and the other heralds an unprecedented era of effectively free money for the borrowing.
Art forgery: The only crime where it might actually pay to report yourself
The state of Subway
The Washington Post calls a 3% decline in sales "the fall of Subway". That's an exaggeration. The real takeaways: Average sales per store are under $450,000 and a franchise can be started for under $125,000. And Subway's main challenge seems to be that American consumers' tastes have migrated upscale, even if we still seem to want things healthy and cheap. ■ On a related note: The Post has also heat-mapped the nation's fast-food sandwich chains.