Debunking the US Unemployment Rate According to the Bureau of Labor Statistics’ (BLS) most recent report on US employment, the unemployment rate is only 4.3%, down from 5.5% two years ago. This means only 6.9 million . . .
What Books On Economics Should You Read in 2018? People ask me all the time: what are the best economics books? I hate this question. I really do. And it’s because I don’t know where to . . .
Fewer Americans Are Self-Employed Today Than In 1990 In 1990 8.7 million Americans were self-employed. Today, only 8.4 million Americans are self-employed. This happened despite the fact that the US population has grown from 249 . . .
New Houses Cost More & Plots Of Land Are Smaller Than In The 1970s Owning a home has always been part of the American dream. While even relatively wealthy Europeans often have no choice but . . .
Debunking the Gender Pay Gap Myth—It’s Just a Tool for 2017’s Identity Politics Even the famously left-leaning New York Times has begun quietly revealing the truth about the supposed gender pay gap in America: it’s caused by . . .
Top 10 Ways To Grow The US Economy Have you ever heard of the 80-20 principle? It’s a memorable phrase that boils down the lessons of nonlinear relationships—also known as the Pareto principle, or the . . .
Household Appliances Were Cheaper 40 Years Ago—The Truth About Economic Globalization & “Cheap Goods” What do flat-earthers and economists have in common? They both mistake their models for reality. They confuse what ought to be with what . . .
Outsourcing vs Offshoring: What’s the Difference? “Outsourcing” and “offshoring” used to be some of the trendiest buzzwords in business: if you weren’t offshoring to India or China, you were regarded by America’s business elites as . . .
Updated May 16, 2017 Today US Senator Charles Grassley said that he believes Trump is leaning towards a trilateral renegotiation of the North American Free Trade Agreement, between the US, Canada, and Mexico. This would . . .