Are things getting better? Are things getting worse? This question still divides the American Right. On the moral front, things are getting worse. On the economic front, things are getting better. It is true that median family income, adjusted for price inflation, slowed dramatically, beginning around 1974. But in the crucial areas of information and […] READ MORE
Minimum Wage Laws: Litmus Test for Economists
I have learned over the last half-century that there are two litmus tests of an economist’s commitment to the idea of voluntary exchange as a means of increasing net productivity and net income. One of them is the doctrine of free trade. The other is the doctrine of minimum-wage legislation as a source of increased […] READ MORE
Video: Where Are The People Who Signed Up For Obamacare?
When Jimmy Kimmel asked his audience Tuesday night whether they had signed up for Obamacare, not a single hand went up. READ MORE
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Obama's MyRA Scam: Your Savings Pays for US Debt |
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Experts Predict Imminent Collapse of US Dollar |
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The Fed Just Guaranteed $9 Gas and $3800 Gold |
President Barack Obama plans to ask Congress in early March, as part of his fiscal 2015 budget, to reduce some of the tax advantages for employer-sponsored retirement plans for higher-income earners, according to published reports. Plus, the president wants to limit the value of all tax deductions, defined contribution exclusions and IRA deductions to 28% […] READ MORE
China is Falling Behind The Curve in Employing Young Work Force
Youth unemployment has created “a generation at risk” according to the International Labor Organization, with worldwide youth unemployment forecast to rise to 12.8 percent by 2018. But these headline figures do not necessarily tell the real story given the discrepancies among different parts of the world. In the developed economies, the youth unemployment rate – […] READ MORE
Talk About Good Product Placement… 13-Year Old Marketer
13-year-old Danielle Lei, a Girl Scout in San Francisco, is one heck of a smart marketer. On Monday, she sold 117 boxes of Girl Scout cookies in two hours. Her locations? Outside a medical marijuana clinic. Moreover, the Green Cross Cannabis Collective was pretty “high” on the idea too: “It’s no secret that cannabis is […] READ MORE
Cop Kills Teenager After He Answers The Door With Remote In Hand
A Georgia family is in shock following the death of their 17-year-old son, who was accidentally killed by a police officer who believed the video game controller he was holding was a gun, according to the family’s lawyer. Christopher Roupe of Euharlee, Georgia heard a knock at the door of the family’s home last Friday […] READ MORE
McDonald’s Employee Loses Job For Buying First Responders’ Breakfast
A 23-year-old New York woman was fired from her job at McDonald’s after she bought breakfast for a group of firefighters in her community. Heather Levia, a mother of twins who was working two jobs to put herself through nursing school, said she knew the firefighters had been working in sub-zero temperatures. A New York […] READ MORE
Utah Bill Would Enable Collection Of DNA Samples During Booking
In June of 2013, the Supreme Court’s ruling in Maryland vs. King dealt a potentially fatal blow to the Fourth Amendment. The Supreme Court’s decision held that when a suspect is arrested for a serious offense and is brought to the police station for booking that a cheek swab of the arrestee’s DNA is allowable. […] READ MORE
Beating the State: Third Century Christianity in the Third World Today
A spectre is haunting Communism. It is the spectre of churches without buildings. If there were a Christian Karl Marx today, his Manifesto of Third World Christianity could begin with these words. In 1973, in his last years, Mao’s persecution had reduced the number of Protestants in China to something in the range of 3 […] READ MORE
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