economics Archives | Page 5 of 9 | National Economics Editorial

Number of Workers Receiving Unemployment Benefits Falls To Lowest Level Since 1973

January 16, 2018 Editorial Staff 0

Number of US Workers Receiving Unemployment Benefits Falls to Lowest Level Since 1973 The total number of US workers receiving unemployment benefits has fallen to the lowest level in 44 years, according to new data . . .

will mass immigration destroy the welfare state?

The Democrat’s Dilemma: How Immigration Destroys The Welfare State

January 15, 2018 Spencer P Morrison 2

Debunking The “Immigrants Will Pay For Our Pensions” Myth The Democrats used to be the party of the working class: they supported trade unions and believed in the welfare state. Their goal was to soften . . .

bitcoin is not a currency, it is a speculative asset, and this is why bitcoin is so volatile

Bitcoin Is A Speculative Asset, Not A Currency—This Explains The Volatility

November 30, 2017 Spencer P Morrison 1

Bitcoin Loses Over One-Fifth Of Value In Under 24 Hours—Why is Bitcoin so Volatile? Reuters reports that Bitcoin lost over 20 percent of its value within the last 24 hours, sliding from Wednesday’s high of . . .

homo economicus and the myth of the rational consumer

The End Of Economics

November 30, 2017 Spencer P Morrison 3

Classical Economics & Free Trade Depend on 3 Invalid Presumptions—Now What? The era of economic surrender is over, and the rebirth of American industry has begun. ~President Donald J Trump (2017) President Trump says he’ll . . .

what has president donald trump done so far to stop illegal immigration?

America’s Quarterly GDP Growth Tops 3.3 Percent Under Trump—Highest Since 2014

November 30, 2017 Editorial Staff 0

Latest Estimates Peg Quarterly GDP Growth at 3.3 Percent—Highest Since 2014 President Trump made economic growth a central component of his campaign platform, and promised that he would deliver three percent economic growth annually—something the . . .

New Poll: 50 Percent Of Companies More Likely To Hire If Trump Cuts Taxes

November 30, 2017 Editorial Staff 0

Tax Cuts & Jobs Act Will Create Jobs There are a number of significant problems with the GOP’s Tax Cuts and Jobs Act. For example, it doesn’t do nearly enough to reduce the Code’s complexity—which . . .

In Praise of Monopolies

November 29, 2017 Spencer P Morrison 0

Monopoly Has Become a Bad Word—This Needs to Change Economists love words. They have a word for just about everything, and if they don’t then they’ll make one up. Economics is rife with jargon. But . . .

America's rate of fiber optic penetration is half the OECD average

Americans Taxed $400 Billion For Fiber Optic Internet That Doesn’t Exist

November 27, 2017 Editorial Staff 8

Americans Paid $400 Billion in Taxes & Internet Surcharges for Fiber Optic Upgrades that Never Came South Korea is the poster child for high-speed internet: its fixed-connection and mobile download speeds are consistently among the . . .

Skip Economics Class, Play Settlers Of Catan Instead

November 15, 2017 Spencer P Morrison 3

3 Things Settlers of Catan Teaches Us About Economics He who can, does; he who cannot, teaches. ~George Bernard Shaw Name as many billionaires as you can. Now some millionaires. Who are the richest people . . .

America's tax code is too complex, simplification must be Congress's top priority.

Simplifying Taxes—Not Cuts—Should Be Congress’ Top Concern

November 14, 2017 Spencer P Morrison 5

Cutting Taxes Is Pointless Without Simplifying The Code: Complexity Kills The Republican’s proposed Tax Cuts and Jobs Act is the archetypical tax reform bill: it lowers taxes but increases their complexity. High taxes are bad, . . .