Economics

How Regulated is Your State?0
- Economics
- November 5, 2019
Government regulations can be very costly in terms of both time and money. Though we often focus on what this means in terms of federal regulations, the U.S. government isn’t the only entity generating rules that can burden individual Americans and businesses without necessarily providing any positive benefit for them. State governments also impose regulations on the residents
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Maternity Retailer Files for Bankruptcy 0
- Economics
- November 1, 2019
The world’s largest maternity retailer, Destination Maternity, filed for bankruptcy this week. The company has 183 stores across markets in the U.S., Canada, and Puerto Rico. Could its potential closure be a sign of things to come for the baby industry, as women have fewer babies and our population grows older? The company blames increased competition in maternity clothing at
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California: The Blue Ribbon Poverty State 0
- Economics
- October 30, 2019
The U.S. Census Bureau released new poverty data this month, and California once again has the nation’s highest poverty rate, according to the “Supplemental Poverty Measure.” According to the SPM, California’s poverty rate in 2018 was 18.1 percent, followed by Louisiana with 16.5 percent, and Florida with 16.2 percent. The states with the lowest poverty rates
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Not All Candy Is Candy… for Tax Purposes Anyways 0
- Economics
- October 25, 2019
Halloween shoppers have many delicious decisions to make before trick-or-treaters show up at their doors. And in many states, those choices will change how much tax they pay. In Illinois, for example, locals pay a higher state sales tax rate – 6.25 percent versus one percent – on Reese’s, gummi worms and Hershey’s milk chocolate bars
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Three Women in the History of Economic Thought 0
- Economics
- October 21, 2019
In a letter to his rival Robert Hooke, Sir Isaac Newton wrote his memorable remark: “If I have seen further, it is by standing on the shoulders of Giants.” Shedding light on the accumulative nature of scientific progress, Newton knew his ability to formulate the laws of motion and universal gravitation depended on the discoveries made by those
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State Capitalism is a Lie: China is Thriving Because of the Private Sector 0
- Economics
- October 18, 2019
A working paper from the World Economic Forum released earlier this year stated: China’s private sector — which has been revving up since the global financial crisis — is now serving as the main driver of China’s economic growth. The combination of numbers 60/70/80/90 are frequently used to describe the private sector’s contribution to the
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