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  • Economy Surges at Record Rate as GDP Grows 33 Percent

    Economy Surges at Record Rate as GDP Grows 33 Percent0

    The U.S. economy grew by a record 33.1 percent in the third quarter of the year as employers continue to restore jobs and the country continues to feel the effects of the coronavirus pandemic. The Commerce Department figure released Wednesday reflects the rate of decline in U.S. gross domestic product during the third quarter, from

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  • Economist: A ‘Great Reset’ is Coming to America

    Economist: A ‘Great Reset’ is Coming to America0

    Americans have become afraid of change. That’s the seemingly counterintuitive observation of Tyler Cowen’s newly released book, The Complacent Class: The Self-Defeating Quest for the American Change. Cowen is an economics professor at George Mason University who runs perhaps the most popular economics blog in the world, Marginal Revolution. Malcolm Gladwell, author of The Tipping

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  • Economies Do Better Under Democracy

    Economies Do Better Under Democracy0

    The tremendous economic growth of China over the last three decades has reinforced the perception that authoritarian countries can spur economic growth just as efficiently as democracies. China isn’t the only example of this. The autocratic governments of Pinochet’s Chile or Lee Kuan Yew’s Singapore seem to confirm the idea that long-term economic growth are

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  • Economics Education is Returning to Schools

    Economics Education is Returning to Schools0

    Several years ago, the OECD (the organization which runs the international PISA exam) tested students in 18 countries for their financial literacy abilities. According to CNBC, “the U.S. ranked at best eighth and at worst 12th” in this financial literacy matchup. Thankfully, some American schools seem to be recognizing students’ financial literacy problem and are

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  • Eccentrics Rule: The Case for Being a Weirdo in an Upside Down Culture

    Eccentrics Rule: The Case for Being a Weirdo in an Upside Down Culture3

    You’re going to have to get comfy being a bit weird if you want to be free.

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  • Eating Out is Probably Devouring Much More of Your Budget Than You Realize

    Eating Out is Probably Devouring Much More of Your Budget Than You Realize0

      If you were to guess how much you spend on eating out per month, chances are you’ll miss the mark by a quite a bit. In a recent study, I found that adults tend to underestimate how much they spend on eating out by more than twice what they’re actually spending. This is a

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