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 . . .
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 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 . . .
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 . . .
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 . . .
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 . . .
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 . . .
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 . . .
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, . . .