Economics

What If Charity Replaced Taxation?0
- Economics
- July 16, 2019
Health care. Education. Among others, these goods have been considered so important that most current governments make a huge effort to provide them to people with inadequate incomes. Surely, it would be crazy to deny how important these goods are. In a 2016 survey conducted by Indiana University-Purdue University Indianapolis (IUPUI) titled “The 2016 US
READ MORE
Are We Witnessing the Resurrection of Bitcoin?1
- Economics
- July 12, 2019
Bitcoin is back. The pioneering cryptocurrency has shown clear signs of recovery in the last months, moving from $3,715 in January this year to nearly $12,000 today. This has come as a surprise to those who thought that Bitcoin was slowly but steadily dying out. Earlier this year, Bitcoin’s prospects didn’t look very good.
READ MORE
Restaurant Chain Announces Bankruptcy, Says Minimum Wage Hikes to Blame 0
- Economics
- July 11, 2019
Restaurants Unlimited, a Seattle-based chain with restaurant locations in 47 US cities, announced on Sunday it was seeking Chapter 11 protection, citing “progressive” wage laws. The company, which has operated since the Lyndon Johnson Administration, said rising labor costs—part of a national trend of government-mandated minimum increases—were part of its decision. One Factor of Bankruptcy
READ MORE

Progressives Propose to Eliminate Over a Million Jobs Held by the Working Poor 0
- Economics
- July 10, 2019
The Democratic presidential candidates are in agreement on a proposal to eliminate 1.3 million jobs nationwide. That’s not the way they would frame the issue, of course. Saying that you will eliminate over a million jobs held by the poorest people in America is not exactly a winning message. Instead, they frame it as a
READ MORE
New York City’s Students Deserve School Choice 0
- Economics
- July 8, 2019
Heloise Moxey does not want to send her four-year-old son Bentley to the low-performing, South Bronx district schools that he is zoned to attend. “I won’t send him to the local public schools. The scores are horrible,” she said, adding that older son Lamar, 8, is thriving at the Leader’s Institute Charter School in Harlem.
READ MORE
Why the Minimum Wage Can’t Solve the Poverty Problem 0
- Economics
- July 5, 2019
If wages for those at the bottom are high, you may naturally expect low poverty rates. No matter how you define it, higher wages would most logically relieve poverty levels. This is also the argument made by the Economic Policy Institute (EPI). An increase in the minimum wage may very well reduce poverty in the
READ MORE