A capitalist society gives up a lot in return for efficiency and cheap rates. In the food industry, the corporations that are able to produce and distribute quickly are often able to do so at a cheaper cost due to their ability to scale, but they sac...
The Covid-19 pandemic sent unemployment rates soaring around the world in early 2020, with rates in the United States hitting highs since data started to be collected in 1948. And while the entire world suffered, not everyone suffered proportionately...
Our imagination of the American middle class is far more a social construct than an economic fact. The middle-class ethos is often characterized by a steady stream of income, occupational stability, education, and family culture. Self-identifying as ...
In 2019, the United States spent $3.8 trillion on health care, averaging $11,582 per person. This figure accounts for approximately 17 percent of gross domestic product spending in the US, a value which has grown from approximately 13 percent since 2...
In 2019, the United States spent $3.8 trillion on health care, averaging $11,582 per person. This figure accounts for approximately 17 percent of gross domestic product spending in the US, a value which has grown from approximately 13 percent since 2...
Solidarity has not been a feature of the European Union’ pandemic response package. That was supposed to change with the passage of the 2021-27 EU budget bill, which totaled 2.2 trillion US Dollars and included more than $900 billion for the bloc...
Solidarity has not been a feature of the European Union’ pandemic response package. That was supposed to change with the passage of the 2021-27 EU budget bill, which totaled 2.2 trillion US Dollars and included more than $900 billion for the bloc...
Gamestop is a dying brick and mortar video game retailer that hasn’t reported a profit since January 2020. Over the course of a week, its stock, once valued as low as $2.57 per share, rose to an all-time high of $500 on January 28. A group of inves...
Gamestop is a dying brick and mortar video game retailer that hasn’t reported a profit since January 2020. Over the course of a week, its stock, once valued as low as $2.57 per share, rose to an all-time high of $500 on January 28. A group of inves...
Among developed nations, the United States suffers from one of the highest rates of child poverty. In 2020, 1 in 6 American children, approximately 11 million, lived below the poverty line. In this regard, the United States is an outlier, as many oth...
Among developed nations, the United States suffers from one of the highest rates of child poverty. In 2020, 1 in 6 American children, approximately 11 million, lived below the poverty line. In this regard, the United States is an outlier, as many oth...
With the expected economic recovery following the pandemic, experts predict an equally rapid return of greenhouse gas emissions that have eased over the past year due to lockdown restrictions across the globe. President Joe Biden’s “Build Back Be...
With the expected economic recovery following the pandemic, experts predict an equally rapid return of greenhouse gas emissions that have eased over the past year due to lockdown restrictions across the globe. President Joe Biden’s “Build Back Be...
In the lead-up to his inauguration, President Biden pledged to reverse course on many of his predecessor’s unwelcome policies. To some extent, he has already done so, having signed a slew of executive orders in just his first month in office. Howev...
In the lead-up to his inauguration, President Biden pledged to reverse course on many of his predecessor’s unwelcome policies. To some extent, he has already done so, having signed a slew of executive orders in just his first month in office. Howev...
New Zealand or “New Xi-Land”? That is the question raised by Australia’s Daily Telegraph newspaper in response to New Zealand’s ambiguous foreign policy with China. Choosing to act independently from the Five Eyes intelligence alliance when a...
New Zealand or “New Xi-Land”? That is the question raised by Australia’s Daily Telegraph newspaper in response to New Zealand’s ambiguous foreign policy with China. Choosing to act independently from the Five Eyes intelligence alliance when a...
America has a debt problem, but the problem is not the debt itself. It’s the debt ceiling. A breach of the US debt ceiling would herald chaos. It is the only obstacle that might prevent the US from paying its debt payments on time. On a technical l...
America has a debt problem, but the problem is not the debt itself. It’s the debt ceiling. A breach of the US debt ceiling would herald chaos. It is the only obstacle that might prevent the US from paying its debt payments on time. On a technical l...
On his first day in office, President Biden began the process of rejoining the Paris Agreement – a crucial initial step that signaled to the rest of the world the United State’s renewed commitment to combating climate change. However, the road to...
On his first day in office, President Biden began the process of rejoining the Paris Agreement – a crucial initial step that signaled to the rest of the world the United State’s renewed commitment to combating climate change. However, the road to...
The state of the union is in crisis, and a federal jobs guarantee is part of the solution. While it is easy to accept complacency, the American economy has reached a point of decay at which inaction can only be considered cruel and ignorant. Infrastr...
The state of the union is in crisis, and a federal jobs guarantee is part of the solution. While it is easy to accept complacency, the American economy has reached a point of decay at which inaction can only be considered cruel and ignorant. Infrastr...
Personal finance is one of the rare issues that can unite people on all fronts. We all have money, and we all have to manage it at some point in our lives, but very few of us are ever explicitly taught how to do so. Collectively, we acknowledge that ...
Personal finance is one of the rare issues that can unite people on all fronts. We all have money, and we all have to manage it at some point in our lives, but very few of us are ever explicitly taught how to do so. Collectively, we acknowledge that ...
Carbon emissions are a quintessential example of a negative externality – an output that causes an undue negative effect on those who are not involved in its production. Where negative externalities exist, economists advocate for intervention. Take...
Carbon emissions are a quintessential example of a negative externality – an output that causes an undue negative effect on those who are not involved in its production. Where negative externalities exist, economists advocate for intervention. Take...