Economics

Google and Apple Are Recognizing the Façade of the Education System 0
- Economics
- August 29, 2018
I was at a wedding several weeks ago when I ran into a young man I hadn’t seen for a while. Naturally, I asked what he was up to. Was he finished with high school? College? To my surprise, he stated that he was working for Apple as a software developer. “Wow, that’s great!” I
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Ocasio-Cortez Mourns a Coffee House Driven out of Business by a Minimum Wage Law She Supported 0
- Economics
- August 24, 2018
For 28 years, Union Square’s iconic cafe the Coffee Shop—located at 29 Union Square West—served New Yorkers and tourists who wanted to get a glimpse of where Carrie Bradshaw and her friends would hang out on Sex and the City. (The coffee shop was frequently featured on the hit HBO show. And yes, ahem, I’ve
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Majority of Public Employees Don’t Want to Be Forced to Pay Union Dues 0
- Economics
- August 23, 2018
It’s National Employee Freedom Week, and a majority of public-sector union members agree with a recent Supreme Court ruling banning the collection of fees without express consent, according to a just-released poll. The case, Janus v. American Federation of State, County, and Municipal Employees, was brought against government unions for charging non-members “agency fees.” In
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Is Democratic Socialism a Myth Like the Loch Ness Monster and Bigfoot?0
- Economics
- August 22, 2018
With the upset primary victory of self-proclaimed “democratic socialist” Alexandria Ocasio-Cortez over long-time Democrat representative Joe Crowley, democratic socialism is receiving another boost of popularity in certain quarters of the country. Given the increasing popularity of socialism among young voters especially, it’s clear a basic truth (one might even call it an “inconvenient truth”) needs
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The Good Intentions Fallacy Is Driving Us Toward the Destructive Outcomes of Socialism 0
- Economics
- August 9, 2018
While Venezuela continues to collapse into a living hell for all but Nicolás Maduro and ruling elites, support in America for democratic socialism continues to rise. Graphic reports such as the recent New York Times photo essay about starvation in Venezuela abound: Kenyerber Aquino Merchán was 17 months old when he starved to death. His father left before dawn
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5 of the Worst Economic Predictions in History 0
- Economics
- August 9, 2018
Uncertainty makes human beings uncomfortable. Not knowing what’s going to happen in the future creates a sense of unrest in many people. That’s why we sometimes draw on predictions made by leading experts in their respective fields to make decisions in our daily lives. Unfortunately, history has shown that experts aren’t often much better than
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