Economics

Half of Gen Z Supports Marxism/Socialism. Here’s Why.1
- Economics
- October 23, 2020
A new poll reveals the shocking extent of young Americans’ support for communism. However, it also reveals the reasons behind the popularity of collectivism and the seeds of its destruction. The number of young Americans who have a favorable view of Marxism has increased five-fold in just one year. According to the new survey, nearly
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New Report Shows Stunning Success of Apprenticeship Programs 0
- Economics
- October 21, 2020
The average American college student graduates with $30,000 in debt, and the cost of college has more than doubled since 1985 even after accounting for inflation. Unfortunately, due to a lack of other options, many students feel forced into this expensive system even when they can’t afford it or don’t really need a traditional college
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New Stanford Study Suggests Biden’s Agenda Will Devastate the Economy 0
- Economics
- October 20, 2020
Sympathetic media outlets have repeatedly asserted that Democratic presidential nominee Joe Biden’s tax agenda would only hurt the wealthy. But a new study shows that Biden’s tax and regulatory agenda could seriously hurt the economy overall. Four economists from Stanford University’s Hoover Institution analyzed Biden’s proposals to increase taxes, reinstate and expand a host of
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China Makes Things Hard for Foreign Businesses, But the Money Keeps Them Coming 0
- Economics
- October 19, 2020
Doing business in China can be a difficult and contentious proposition for companies in many countries. Yet even with charges of intellectual property theft, forced partnerships and tight restrictions on doing business, China continues to attract foreign capital. Why do businesses want to invest in China when there are so many other “business-friendly” countries and
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Why America Is Experiencing Two Very Different Economic Recoveries 0
- Economics
- October 19, 2020
Nations across the world are still reeling from the COVID-19 pandemic, which triggered a global recession following economic lockdowns enforced by most developed nations around the world. New estimates put the economic losses at more than $16 trillion, and the United States saw its GDP shrink 9.5 percent between April and June, its largest drop
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New Study Pegs COVID-19 Crisis Costs at $16 Trillion—So Far 0
- Economics
- October 15, 2020
Estimated costs of the coronavirus pandemic are in. The results are not pretty. A new study co-authored by Harvard economist David M. Cutler and former World Bank chief economist Lawrence H. Summers places the costs of the COVID-19 pandemic north of $16 trillion. “The estimated cumulative financial costs of the COVID-19 pandemic related to the
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