Economics

France’s Protests Are Different This Time. Here’s Why.0
- Economics
- January 24, 2019
When the first demonstrations on the streets of Paris were reported nine weeks ago, nobody could have foreseen the endurance, the tenacity and the viral effect of the Yellow Vests movement. After all, the French are known to protest and to strike, it’s part and parcel of their culture. However, by the time this article
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Is Your Child Wealthier Than Half the World’s Population?0
- Economics
- January 24, 2019
CNN: “The top 26 billionaires own $1.4 trillion — as much as 3.8 billion other people” Time magazine: “The World’s Top 26 Billionaires Now Own as Much as the Poorest 3.8 Billion, Says Oxfam” The Guardian: “World’s 26 richest people own as much as poorest 50%, says Oxfam” You’ve probably seen these headlines—or ones like
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Virginia May Hike Minimum Wage to $15 in 2020 0
- Economics
- January 23, 2019
Companies that moved from California to Virginia to escape taxes and red tape are in for a surprise. Virginia now is moving towards mimicking California’s economic mistakes, such as costly labor and employment regulations that wipe out hundreds of thousands of jobs. In 2020, the Virginia legislature is likely to join the liberal bastions of
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Why UPS Is Able to Save the Environment While Ethanol Subsidies Destroy It 0
- Economics
- January 22, 2019
Freshman congresswoman Alexandria Ocasio-Cortez may have captured the headlines, but Ocasio-Cortez is not the only democratic socialist congresswoman elected to the new Congress. Fellow freshman and democratic socialist Rashida Tlaib, D-Michigan, is eager to make her own splash. Last December, Ocasio-Cortez, along with fellow freshman member Tlaib, attended a congressional boot camp. At the boot
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Denmark to American Politicians: We’re Not Socialist 0
- Economics
- January 18, 2019
Democratic Socialists have presented Denmark as the elusive nation where socialism has been successful, and thus a model for the policies they would implement in the United States. Bernie Sanders regularly invoked Denmark during the 2016 presidential campaign, and Alexandra Ocasio-Cortez reassured 60 Minutes viewers that her version of democratic socialism would veer more toward Denmark than Venezuela. Just weeks
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The Man Who Created the German Economic Miracle 0
- Economics
- January 16, 2019
On April 2, 1948, Ludwig Erhard, a little-known economist who had opposed Nazism, was appointed Director of the Economic Council of Bizonia, the territory resulting from the merger of the British and American occupied territories in post-WWII Germany. Few suspected that, only two months later, he would unleash the power of free markets and trigger
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