Economics

The Rosetta Stone’s Hidden Lesson on Taxes and Special Interests 0
- Economics
- March 19, 2019
Tax season is a good time to remind us that the history of taxes tells the story of whole civilizations. What is taxed, and how much is it taxed, tells us what the rulers valued. What was exempt tells us who had the political pull to be excluded. It is no different today. If you’re
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Single-Payer Healthcare Topples Nordic Government 0
- Economics
- March 18, 2019
Failure to reform the national health system has led the government to collapse in one of the most statist governments following the Nordic model. Prime Minister Juha Sipilä of Finland and his cabinet members have resigned after failing to rein in the nation’s health care costs and provide greater competition. This comes as reports show private citizens in
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Why We Don’t Have Generic Insulin 0
- Economics
- March 18, 2019
“Why is Narcan free to a dope addict but my insulin is $750 a month?” asks an online meme that has since gone viral. “Humalog cost $21 a vial in 1996 and now that same insulin is $375” claims another meme designed to call for price regulations. While these statements do have some truth behind
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‘Immediate Harm to Millions’: AFL-CIO Tears Apart Green New Deal 0
- Economics
- March 13, 2019
The largest organization of labor unions in the U.S. slammed the Green New Deal for combating climate change by threatening the livelihoods of millions of Americans. The AFL-CIO sent a letter on Friday to Democratic New York Rep. Alexandria Ocasio-Cortez and Democratic Massachusetts Sen. Ed Markey, the two lawmakers leading the Green New Deal push in Congress.
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What Does the Government Buy on Its Year-End Spending Spree? Here’s What Made the List.0
- Economics
- March 12, 2019
The month of September marks the end of the fiscal year and the beginning of the federal government’s annual spending frenzy. Federal agencies scramble to spend what’s left in their budgets, in fear that leaving excess funds will prompt Congress to send less in the following year. We call it “use it or lose it”
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Venezuela’s 3 Comrades in Economic Meltdowns 0
- Economics
- March 11, 2019
Venezuela is dealing with the most severe economic crisis of its history. Numbers are mind-blowing. Since 2014, the Venezuelan economy has contracted by almost 50 percent. The annual inflation rate reached 80,000 percent last year and three million people have left the country fleeing poverty and political repression. The last decade has witnessed very few
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