#economics

History | History

Did FDR End the Great Depression? | PragerU

Did FDR help end the Great Depression? Did his New Deal improve an otherwise hopeless economy? Lee Ohanian, Professor of Economics at UCLA and consultant to the Federal Reserve Bank of Minneapolis, explains.

Health & Fitness | News Items

The REAL Cost Of Losing The Great Barrier Reef

A report says the landmark is "priceless," but if the reef were given a value, it'd be worth billions.

Politics | Politics

A ‘very credible’ new study on Seattle’s $15 minimum wage has bad news for liberals

When Seattle officials voted three years ago to incrementally boost the city's minimum wage up to $15 an hour, they'd hoped to improve the lives of low-income workers. Yet according to a major new study that could force economists to reassess past research on the issue, the hike has had the opposite effect.

News | The News

The Coming Minimum-Wage Tsunami Will Wash Away Millions Of Minority Jobs | Stock News & Stock Market Analysis - IBD

One of the most vexing economic issues today is the minimum wage. For many, the failure to raise the minimum wage to $15 or higher is a sign of our nation's

Miscellaneous | Other Stuff

Think nothing is made in America? Output has doubled in three decades - MarketWatch

Factories are running at close to a record pace, writes Rex Nutting.

Politics | Politics

What is the TPP and why are both parties so angry about it? | Public Radio International

At the Democratic National Convention, many in the crowd have chanted "No TPP!" That's no to the 12-member Trans-Pacific Partnership, a trading bloc that President Barack Obama supports, but Donald Trump, Bernie Sanders and Hillary Clinton all o

Politics | Interesting Links

The Nordic Democratic-Socialist Myth

The American Left dreams of importing the Nordic democratic-socialist model, but much of what they believe about the system is a myth.

Politics | Politics

Here's Why Bernie Sanders is Wrong About Everything

Bernie Sanders has a lot of economic narratives, and they're all wrong. Here's why.

Politics | Trump

‘Sheer Idiocy’: Ben Stein Goes Ballistic on Trump for ‘Horrifying’ Economic Ignorance | Mediaite

Economist and Bueller-dropper Ben Stein basically used every single synonym of the word "insane' to describe his reaction to Donald Trump's vision (or lack

Politics | Obamacare

Clinton sees ObamaCare’s ‘crushing’ burden — but has no way to fix it | New York Post

The Clinton campaign is finally owning up to what most Americans learned the hard way: The Affordable Care Act is anything but affordable. In fact, its costs are “crushing” people who have to buy health insurance. Hillary Clinton vows to fix the probl

Politics | Obamacare

CBO Misses Its Obamacare Projection by 24 Million People

Three years ago, on the eve of Obamacare’s implementation, the Congressional Budget Office (CBO) projected that President Obama's centerpiece legislation would result in an average of 201 million people having private health insurance in any given month of 2016. Now that 2016 is here, the CBO says that just 177 million people, on average, will have private health insurance in any given month of this year—a shortfall of 24 million people.

Politics | POLITICS

45 percent of Americans pay no federal income tax

Many Americans don’t have to worry about giving Uncle Sam part of their hard-earned cash for their income taxes this year. An estimated 45.3 percent of American households — roughly 77.5 million — …

Politics | The circus we run our country with

For Cam Newton, Adding Super Tax Insult to Super Bowl Injury

He'll be paying about $101,000 of extra tax simply because the game took place in California.

News | Interesting Links

The Claim: People Don't Want Economic Equality

A recent Atlantic essay argued that people don't really want equality. We want fairness. So when is inequality considered unfair?

Politics | Obamacare

The quiet unraveling of ObamaCare

Official site of The Week Magazine, offering commentary and analysis of the day's breaking news and current events as well as arts, entertainment, people and gossip, and political cartoons.

Politics | Politics

Obama’s Economy In 9 Charts

Unemployment hit 5 percent in October and the economy added 270,000 jobs in an unexpectedly strong showing that is good news for the White House. But wages are stagnant, more than 95 million Americ

Business & Finance | Economics

Is Capitalism Moral?

Is capitalism moral or greedy? If it's based on greed and selfishness, what's the best alternative economic system? Perhaps socialism? And if capitalism is m...

Politics | Politics

$15 Is Too Much Even For Those Who Support A Higher Minimum Wage

What's becoming very interesting about this rumpus over the minimum wage is that we're seeing even those who support a higher minimum wage in general stating that they think that $15 an hour is just too high. The deeper point of this being that th

News | Interesting Links

▶ Why Capitalism Works - YouTube

Cultural depictions of capitalism are almost all negative. There's the Monopoly guy with the top hat and cigar. There's Gordon Gekko saying, "Greed is good."...

Business & Finance | Economics

Should Government Bail Out Big Banks?

Should the government bail out big banks that may otherwise go bankrupt? Or should it let them go under, as it did with Lehman Brothers in 2008? Economist Ni...

Business & Finance | Economics

Profits Are Progressive

Is profit a dirty word? Would the world be better off without them? Or are profits progressive -- the only thing that can move potatoes from Idaho to Manhatt...

Business & Finance | Economics

Do the Rich Pay Their Fair Share?

Do the rich pay their fair share of taxes? It's not a simple question. First of all, what do you mean by rich? And how much is fair? What are the rich, whoev...

Business & Finance | Economics

Myths, Lies and Capitalism

Does free enterprise hurt the poor? Is it unfair and driven by greed? Did it cause the Great Recession? In five minutes, Arthur Brooks answers these question...

Business & Finance | Economics

What's the Right Minimum Wage?

What's the perfect minimum wage: is it $10 an hour? $15? $20? How about zero? That's right. Zero. While Congress discusses a minimum wage hike, economist Dav...

Business & Finance | Economics

How to Solve America's Spending Problem

Everyone complains about America's debt, and rightly so, but how do we get out of it? As Cato Institute's Michael Tanner explains, spending on entitlement pr...

Business & Finance | Economics

What Creates Wealth?

Why are some countries rich and some countries poor? Is it access to natural resources? Is it tax policy? A motivated work force? These are important, but no...

Business & Finance | Economics

The War on Work

The U.S. government has spent trillions of dollars in recent decades attempting to combat poverty, yet the poverty rate has remained virtually unmoved. Why? ...

Business & Finance | Economics

The Promise of Free Enterprise

Built into the foundation of free enterprise is a promise. It's a promise that no other economic system offers. This promise has a great deal to do with your...

Business & Finance | Economics

America's Debt Crisis Explained

Fact: America's national debt stands at $17 trillion. That's a tough number to grasp. Most people will never come close to making $1 million in any given yea...

Business & Finance | Economics

Lower Taxes, Higher Revenue

Should Taxes Be Higher? It's the million dollar question! Up? Down? No change? Where in the world should taxes go? In election years, the question of tax rat...

Politics | POLITICS

What Hillary Doesn't Know (Or Want To Understand) About The Bush Tax Cuts

The Bush tax cuts resulted in more tax revenue not less

Politics | Interesting Links

Sorry, Paul Krugman: The Minimum Wage Won’t Cure Poverty

Studies Paul Krugman ignores show minimum wage increases significantly reduce the probability of low-skill workers reaching the middle class.

Politics | Obamacare

Obamacare fails to bend the cost curve

The ACA is forcing health insurers to raise rates and consolidate. Will anyone learn their lesson from this?

Miscellaneous | Miscellaneous

College is not a commodity. Stop treating it like one.

What truly makes an education valuable: the effort the student puts into it.

Politics | Interesting Links

Do the Rich Pay Their Fair Share? - Prager University

Do the rich pay their fair share of taxes? It's not a simple question. First of all, what do you mean by rich? And how much is fair? What are the rich, whoever they are, paying now? Is there any tax rate that would be unfair? UCLA Professor of Economics,

Politics | Politics

Harvard Ideas on Health Care Hit Home, Hard - NYTimes.com

While Harvard professors oppose changes that will raise their health care costs, the university says the increases are in part a result of the Affordable Care Act, which many Harvard experts championed.

Politics | Politics

Obama's Amnesty Will Cost $22,000 Per U.S. College Grad

President Barack Obama’s amnesty for four million illegal immigrants will cost Americans about $2 trillion, or roughly $40 billion a year for the next five decades.

The cost of Obama’s generosity is equivalent to 30 cents extra for every gallon of gas bought by Americans.

Politics | Op-Ed

What's the Right Minimum Wage? - Prager University

What's the perfect minimum wage: is it $10 an hour? $15? $20? How about zero? That's right. Zero. While Congress discusses a minimum wage hike, economist David Henderson shows that any minimum wage makes it harder for unemployed people (particularly young

Politics | Politics

Party of the rich: In Congress, it's the Democrats - Yahoo News

From Yahoo News: WASHINGTON (AP) — Republicans are the party of the rich, right? It's a label that has stuck for decades, and you're hearing it again as Democrats complain about GOP support for tax breaks that benefit corporations and wealthy individual

News | The News

Incomes fell for most families in past three years, while top 10 percent prospered: Fed - Washington Times

Under President Obama, the richest 10 percent were the only income group of Americans to see their median incomes rise, according to a survey released this week by the Federal Reserve.

News | In The News

We've Crossed The Tipping Point; Most Americans Now Receive Government Benefits

With the implementation of Obamacare, more than half of Americans are receiving some type of government benefit. That bodes ill for the future.

Politics | Op-Ed

Why I can’t be both an economist and a liberal

In today's America, I can't be both an economist and a liberal.

Politics | Politics

Fast Food Worker Protests Over Minimum Wage Spread Across The Globe

In the first internationally coordinated effort, 230 cities in at least 33 countries, including the U.S., protested low wages at fast food restaurants.

News | The News

U.S. businesses are being destroyed faster than they’re being created.

The American economy is less entrepreneurial now than at any point in the last three decades.