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10 Ways to Restore America’s Overseas Image
One frequently cited example of how the U.S. can turn around its image in a difficult environment is humanitarian missions abroad.
10 Ways the Greek Government Screwed Their Economy
Photo by Aris Gionis 1. Created a Latin American style corrupt economy The economic history of Greece is a prime example of systemic Third World level corruption and careless spending. Greece always had a very poor fiscal reputation. Ever since the US sponsored Marshall Plan in the 1940s, Greece was a constant recipient of foreign…
8 Ways Competition Improves Your Life
We all know how popular competitive sports are. But competition enhances our lives in so many other ways. Here are some ways which humanity’s competitive spirit has enriched your life: 1. Innovation Competition drives innovation, meaning in order to stay ahead of the competition companies need to constantly push the envelope in terms of service…
A Problem Seven Times Worse than the National Debt
The national debt of the United States is barreling out of control and American politicians appear completely unwilling to anger prospective voters by honestly saying “The American taxpayers cannot afford to give you everything you want.” The US national debt is currently 16.8 trillion dollars. That number is too large for most of us to…
Why Is Higher Education so Expensive?
One of the first principles that any student of economics learns – or should learn – is that when you subsidize something, you get more of it. While they often fall short on understanding other principles of economics, liberals sort of understand this one. They reasoned, “If you get more of something when you subsidize…
Backyard Mechanics: Saviors or Pariahs?
Auto repair can be costly. In times like these, where many Americans are feeling the pinch of the economy, having something break on your car can be devastating. Garages charge nearly $100 an hour in labor in addition to the markup on parts. Even a simple job can leave an unwanted dent in your already…