Mississippi's greatest asset is its people. Mississippians come from a rich heritage of music, literature, sports, art, and cultural diversity.
But the state suffers economically. Mississippi was a wealthy state in the days of cotton...
Economics in America
-
-
From all sides of the political spectrum, we hear calls for decreasing or eliminating America's "dependence on foreign oil." To assess the validity of these calls, one must first understand the history of U.S. energy policy with respect to...
-
The Car Allowance Rebate System (CARS) – better known as “Cash for Clunkers” – was a federal program enacted in the summer of 2009. Under CARS, consumers were encouraged to trade in older, less efficient vehicles for...
-
The Federal National Mortgage Association -- better known as Fannie Mae -- was established in 1938 as part of President Franklin Delano Roosevelt's New Deal legislation. Just like the recent financial crisis,...
-
While attempts at central banking in the United States go back as far as the 18th and 19th century with the creation of First and Second Banks of the United States, the Federal Reserve System was not established until...
-
America's national debt has received increasing attention in recent years. As the financial crisis ensued in 2008, massive bailout and rescue packages catapulted the national debt skyward.
... -
With the economy in the tank and job possibilities at a minimum, many people are tightening their belts and accepting a variety of budget cuts in their personal lives. Recent studies, however, have demonstrated that...
-
The 2008 financial crisis and subsequent recession involved a complex interplay among a wide cast of characters. On the private side were prospective homeowners, mortgage brokers, credit rating agencies, banks and...
-
Public employee pensions in the United States were historically reserved for wounded combat veterans who could no longer provide for themselves as a result of their service to the country. Few would disagree with such...