Economics

The Double-edged Sword of Economic Sanctions Against Venezuela 0
- Economics
- February 27, 2019
Venezuela is going through one of the worst economic crises of the last century. According to the International Monetary Fund (IMF), Venezuela’s GDP has fallen nearly 50 percent since 2014. To understand the magnitude of Venezuela’s economic downturn, Spain’s GDP fell by 30 percent… during the Spanish Civil War of the 1930s! In other words, a
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New York State Budget Director on the ‘Fundamental Ignorance’ That Killed the Amazon Deal 0
- Economics
- February 26, 2019
New York State Budget Director Robert Mujica is not pleased his state is missing out on Amazon’s second headquarters. In an open letter that ran on Governor Andrew Cuomo’s page, Mujica explained what the loss would mean to the state: As just about everyone in this state, if not the country, knows by now, Amazon
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Canada’s Universal Child Care Program Suggests Elizabeth Warren’s Plan Would Be Disastrous for Children 0
- Economics
- February 22, 2019
The state does such a stellar job of nurturing and educating children from preschool through high school, we should expand its role from birth onward. That’s the new proposition unveiled this week by US Senator Elizabeth Warren of Massachusetts. On Tuesday, the Democratic presidential candidate outlined a vast federal program of free and subsidized child
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Why the Minimum Wage Shouldn’t Be a Family Wage 0
- Economics
- February 21, 2019
Nostalgia is a powerful drug, and one that seems to a have particular potent effect on politicians. Consider, for example, a recent tweet by Massachusetts’s senator and Democratic presidential candidate Elizabeth Warren. Last Saturday she said: Back when I was a kid, a minimum-wage job could support a family of three. Today, a full-time minimum-wage
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Child Deaths Fall Across the World, No Thanks to Marxism 0
- Economics
- February 19, 2019
It has never been a safer world in which to be a child. According to the UN, in 1950, most of the world had a child death rate (by age 5) of over 20%, while only a few countries, such as the United States, Cuba, Canada, England, Australia, and New Zealand, had child death rates
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Marx and Lincoln: Comrades in the Making?0
- Economics
- February 18, 2019
Since Abraham Lincoln is a towering figure in American history, Democrats and Republicans alike seek to cast the man in their own image to support their respective agendas. Both sides might want to be careful with such a move. In reality, Lincoln was far more radical than those on the Left or Right would be comfortable
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