Economics

When Sears Used the Market to Combat Jim Crow

When Sears Used the Market to Combat Jim Crow

As we eulogize this beacon of American capitalism, we should also celebrate one of its lesser-known achievements: using markets to combat Jim Crow laws.

Why the U.S. Must Become an 'Aspirational' Society Once Again

Why the U.S. Must Become an 'Aspirational' Society Once Again

If America returned to being an aspirational society, would we see less bickering and more prosperity amongst its citizens?

Want Low Income Taxes? Don't Live in This State.

Want Low Income Taxes? Don't Live in This State.

What happens when your state government gets so big, it tops the charts in terms of individual tax burden?

Why Federal Debt Is Damaging

Why Federal Debt Is Damaging

The U.S. Treasury reports that the federal budget deficit was $779 billion in fiscal 2018. The deficit is caused by spending in excess of tax revenues and is financed by borrowing from foreign and domestic creditors.

A Third of Millennials Identify as Democratic Socialists: Why I am Not Surprised

A Third of Millennials Identify as Democratic Socialists: Why I am Not Surprised

A recent survey shows that a third of Millenials identify as "Democratic Socialists".  Given their financial straits, I am not surprised.  

Today’s Young Voters Are Embracing Socialism for a Very Good Reason

Today’s Young Voters Are Embracing Socialism for a Very Good Reason

A new survey finds that a third of young voters identify with some form of socialism.

Forget Lemonade Stands, These 'Kidtrepreneurs' Are Running Million-Dollar Companies

Forget Lemonade Stands, These 'Kidtrepreneurs' Are Running Million-Dollar Companies

In the modern marketplace, today’s “kidtrepreneurs” aren’t just running small-scale businesses anymore—they are well on their way to building commercial empires.

A Progressive Explains Why the Left Downplays Family Structure

A Progressive Explains Why the Left Downplays Family Structure

Are we actually more bigoted and discriminatory toward children when we refuse to promote the traditional two-parent family?

Is Amazon’s Minimum Wage Move a Political Ploy?

Is Amazon’s Minimum Wage Move a Political Ploy?

Amazon made headlines after it announced it would raise its minimum wage to $15 an hour, a move that will impact more than 350,000 of its U.S. employees beginning November 1st. 

The One Question You Can Ask to Uncover a President’s Economic Principles

The One Question You Can Ask to Uncover a President’s Economic Principles

What is the economic problem that society faces, and how will you help solve it?

Unboxing Amazon’s New $15 per Hour Minimum Wage

Unboxing Amazon’s New $15 per Hour Minimum Wage

Many people assume that to raise wages, big companies must be dragged along by government policy. Amazon’s eye-opening announcement yesterday suggests otherwise.

Would the US be Happy Doing Things the ‘Swedish Way’?

Would the US be Happy Doing Things the ‘Swedish Way’?

Sweden has traditionally been portrayed in the US political debate as the epitome of democratic socialism... but would such a system work here?

How the Myth of the 'Robber Barons' Began—and Why It Persists

How the Myth of the 'Robber Barons' Began—and Why It Persists

The widely-accepted "history" of America's Gilded Age was grossly inaccurate, but it told a compelling story that many fell for hook, line, and sinker.

Your First Job: Real Costs of the Minimum Wage

Your First Job: Real Costs of the Minimum Wage

With midterm elections approaching, ideological battlegrounds are being staked out — and few carry greater promise of enticing voters than minimum wage policy.

Five Things I Noticed About America After Living Abroad

Five Things I Noticed About America After Living Abroad

Since I’ve been abroad so long, I’m looking at my homeland through the eyes of a foreigner. Here are five things that jumped out at me right away.

4 Reasons More Young People Should Consider Buying Starter Homes

4 Reasons More Young People Should Consider Buying Starter Homes

Your first house doesn't have to be your dream house. In fact, there are good reasons it shouldn't be.

You Can Trust The Polls in 2018, If You Read Them Carefully

You Can Trust The Polls in 2018, If You Read Them Carefully

On the morning of Nov. 8, 2016, many Americans went to bed confident that Hillary Clinton would be elected the nation’s first female president. Their confidence was driven, in no small part, by a pervasive message that Clinton was ahead in the polls and forecasts leading up to the election.

How One African Nation is Pulling Itself Out of Poverty

How One African Nation is Pulling Itself Out of Poverty

How did Botswana manage to get out of the poverty trap?

The New York Times Explains Why the Minimum Wage Should Be $0.00

The New York Times Explains Why the Minimum Wage Should Be $0.00

One of the greatest takedowns of the minimum wage you’ll ever find comes from an unlikely place.

How Public Pension Liabilities Are Becoming Public Threats

How Public Pension Liabilities Are Becoming Public Threats

Underfunded state pension plans are becoming a pressing problem for state governments.   Even a  wealthy state like Oregon is moving towards a crisis.  

Should College be Free?

Should College be Free?

Some students think that America should offer free college education, like Europe.  But comparing the two educational system is comparing apples and oranges.  The American system, for all its problems, is more open and flexible.  

Alexandra Ocasio-Cortez and the $3500 Suit

Alexandra Ocasio-Cortez and the $3500 Suit

Alexandra Ocasio-Cortez's expensive suit and clothes don't contradict her Socialism.  On the contrary, they are perfectly consistent with historical Socialist practice.  

Survey Reveals Double Standard on Raising Taxes for Public Higher Ed

Survey Reveals Double Standard on Raising Taxes for Public Higher Ed

It's a whole different game when you're asked to open your wallet...

Five Lesser Known Financial Crises of the 20th Century

Five Lesser Known Financial Crises of the 20th Century

Between the 1930s and 2008, the world economy experienced five significant economic crises. Although not all impacted the United States directly, they had severe repercussions in the countries affected. 

Seven Ways Men Are No Longer the ‘Privileged’ Sex

Seven Ways Men Are No Longer the ‘Privileged’ Sex

Once the “privileged” sex with many advantages, the American male now seems to be fighting an uphill battle to maintain a fair and reasonable position in society.

Three Ways the U.S. has Changed Since 9/11

Three Ways the U.S. has Changed Since 9/11

Seventeen years after Pearl Harbor the United States presided over a stable world order and a robust, growing economy.  Seventeen years after 9/11, the United States looks weaker and poorer while the world looks less stable.  

Three Movies You Should Watch to Understand the Economic Collapse of 2008

Three Movies You Should Watch to Understand the Economic Collapse of 2008

It has been ten years since Lehmann Brothers investment bank collapsed. This set off the banking crisis which led to a world wide recession.  These three movies give good insight into what happened, why and the consequences.

‘Cosby’ Actor Reminds Us of the Dignity of Work

‘Cosby’ Actor Reminds Us of the Dignity of Work

After a decades-long career in film, theater, and education, actor Geoffrey Owens decided to take a part-time job as a cashier at Trader Joe’s.

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