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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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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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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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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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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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It’s hard to choose one image, or juxtaposition of images, that best sums up the state of California at the end of summer, 2020. Is it the eight-year-old girl’s birthday party being broken up by a long line of police officers, or the lone paddleboarder arrested out in the ocean for violating social-distancing orders? While
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