Economics

Bernie’s Example to America: Pull Yourself up by Your Bootstraps!0
- Economics
- April 18, 2019
On Monday, Bernie Sanders released ten years of tax returns, and it turns out he and his wife are millionaires. Thanks especially to revenues from book royalties, Sanders is now, as CNN put it, “in the category of the super-rich.” Or, as some might say, he’s part of “the 1%.” After years of denouncing “millionaires
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Economies Do Better Under Democracy 0
- Economics
- April 17, 2019
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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Five Facts About Tax Day and Income Taxes 0
- Economics
- April 15, 2019
Today is Tax Day, the day when individual income tax returns are due to the federal government. Here are five facts you should know about income taxes and Tax Day: 1. The first national income tax in the United States was in 1861 soon after the outbreak of the Civil War. Congress approved a national income tax,
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Income Is Determined by the Scarcity of Your Contribution, Not the Value of Human Worth 0
- Economics
- April 12, 2019
In a few months’ time, my wife and I will send our second child to daycare. Like all parents, nothing is more precious to us than our children. So it’s surprising that the people whom parents trust to take care of their kids—childcare workers and preschool teachers—get paid median salaries of just $22,290 and $28,990
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Venezuela Should Shock and Teach this Generation 0
- Economics
- April 11, 2019
You are sick so you go to the hospital. There is no medicine. Diagnostic machines don’t work because the power is out. The lights aren’t on either. After nightfall, the whole place is pitch black. You can’t wander the halls. Too dangerous. Small wounds lead to amputation without anesthesia because there is no other way
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Trump Has Four Options to Address Border Crisis 0
- Economics
- April 5, 2019
Put yourself in the president’s shoes. He saw the border crisis building. He warned Congress. It did nothing. Now he has to do something. Months ago, the administration alerted lawmakers that the number of people entering the country illegally and making unqualified asylum claims was skyrocketing. The only options were to stop them from crossing or let them
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