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10 Facts about World Poverty That Will Shock You
Many people will be shocked by these facts about world poverty…. Photo by Bob Jagendorf 1. World poverty has been cut in half In the past twenty years the world’s acute poverty rate has been slashed in half! Measuring poverty is based on daily consumption, not income. In 1990, 43% of the world lived in…
Is Price Gouging Fair?
We hear about it all the time. After a natural disaster, or during times of civil unrest such that transpired recently in Ferguson, businesses price gouge items in high demand. Water or a ride away from a dangerous area become expensive commodities. The instinct is to chastise such actions as immoral and selfish. But a…
10 Reasons To Wait To Go To College
Last year I graduated from the University of Connecticut with honors, two majors, and list of accolades. I performed well in college and I believe a significant reason was that I did not enroll until I was 24 years old. While everyone is an individual, waiting to go to college is for many young people…
4 Inconvenient Truths Only John Oliver Has Covered
John Oliver, the British comedian and television personality formerly of Comedy Central’s The Daily Show, is making waves with his new show on HBO. Last Week Tonight with John Oliver has taken the satire news format and brought it to the uncensored, unadulterated land of late night cable television. The results have been hilarious and…
The Ramifications of a Welfare State
The main problem with welfare such as unemployment benefits, or government handouts, is that it de-capitalizes the productive members of society and capitalizes unproductive members. The productive members are the entrepreneurs. Those who predict what goods consumers will demand in the future and produce them in the present. When the government imposes taxes, it takes…
11 Ways the Government is Making you Poorer
Photo by 401(K) 2013 Taxes- Americans don’t like taxes very much, but that doesn’t stop them from having to pay them. And there are a lot! There are payroll taxes, income taxes, property taxes, car taxes, sales taxes, luxury taxes, inheritance taxes, gift taxes, and more! When Americans buy a product at a store, they…

