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Demographics can explain two-thirds of everything, University of Toronto professor David K. Foot famously quipped. And according to Charles Goodhart, professor at the London School of Economics and senior economic consultant to Morgan Stanley, demographics explain the vast majority of three major trends that have shaped the socioeconomic and political environments across advanced economies over the past few decades. Those three would be declining real interest rates, shrinking real wages, and increasing inequality.

The Three Major Trends that Shaped the Global Economy for Decades Are About to Change - Bloomberg Business

In a recent note to clients, David Rosenberg, chief economist and strategist at Gluskin Sheff, pointed out that US consumers alone made up an "economy" that is larger than China's entire economy. And, furthermore, it has more positives than China has negatives.

Bulls excited US Consumers despite China - Business Insider

The basic outline of Parker's argument is that companies like Amazon and Google are changing the way investors need to look at companies. Whether you're calling for corporate profits to revert to a long-term mean or looking at traditional price-to-earnings ratios, the companies that dominate today's stock market don't look like those that dominated 40 years ago.

Morgan Stanley's Adam Parker market outlook - Business Insider

Valuing money and looks over personality may seem a tad superficial -- or not. “I don’t think this is superficial at all,” says Jacqueline Whitmore, the founder of The Protocol School of Palm Beach. “Speaking as a woman, most women of a certain age want security, but we also want someone who doesn’t look, act and dress like a troll. A woman must uphold her standards.”

Rich women like rich men, and rich men like slender women - MarketWatch

For the past five to six decades, epigones of Milton Friedman have been emphasizing that the only duty of a corporation is return on investment (regularly ignoring his caveat of doing so within the law and social norms). This lesson, drilled into generations of business school graduates, now drives tsunamis of corporate malfeasance. Data regularly demonstrates that business school students are more likely to cheat on examinations and assignments than their peers, although–and this is of interest for the Volkswagen case–they are closely followed by engineering students.

Business Schools Breed Unethical Businessmen | The New Republic