Ah, the new economy!
Chartporn puts together amazing graphics. I regularly check in on it. Anyway, here’s something to think about with this chart besides the humor. The combined market value of Google, Facebook and Twitter is an estimated $236 billion. To put that number in context, the combined market value of manufacturing stalwarts Ford, Caterpillar and Boeing is $131 billion. (I picked those at random, but all make things and have a lot of physical and human capital.)
Does the gap in valuation make sense? I wonder.
Are private colleges creating an underclass of heavily indebted students? It seems that far too many students eager to make a better life for themselves are victims instead.
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