Are Illegal Immigrants Hurting the US Economy? 3 Facts that may Surprise You

Photo by GecmisteKalanlar Adam Smith (1723-1790) A major driving force of The Scottish Enlightenment, Adam Smith is generally viewed as “The Father of Modern Economics,” and his work remains influential to this day. Born in Kirkaldy, Scotland, Smith’s father died while he was still an infant and he was raised by his widowed mother. Despite…

Given the actions of the Federal Reserve, particularly over the last twenty years or so, we have become accustomed to the fixing of interest rates as normal. Indeed, there appear to be benefits for many from such policies, at least in the near term. After all, given mortgage rates as low as 2% to 3%,…

2. Margaritaville This episode mocks both the governments boggled attempt to manage the economy and the public’s common lack of understanding. When the economy crashes South Park is put into one of its often occurring states of panic. False prognosticators come forward to offer varying opinions on the cause of the collapse: The government caused…

In an era when girls outperform boys at school and outnumber male students at universities, and when women experience no more practical hindrances than men in achieving anything they want in life, it has become harder to paint women as victims. Feminists have been forced to shift their attention to the hazy cultural sphere in…

At the beginning of the Cold War, George Kennan introduced the idea of “containing” an unfriendly state as part of  his work on U.S. policy toward the Soviet Union. Later the idea of containment was implemented in part through the use of economic sanctions. It was based on two assumptions: For both ideological and geopolitical…