The government is screwing up the economy; here's how to survive and succeed in spite of that.

Is the federal minimum wage really “the third-lowest” of developed nations?

Congressman David Cicilline (D-RI) has been a vocal proponent of raising the minimum wage. He claims the US’s federal minimum wage is “the third-lowest minimum wage of the countries in the OECD.” At first look, he appears correct, but there is more to it. When adjusting for purchasing...
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Liberal article on food stamps and race backfires

The liberal blogosphere erupted in delight last month at a story that was first covered by Addicting Info. The story reports on 30 individuals arrested for food stamp fraud in New York. The piece is titled “30 People Arrested For Food Stamp Fraud; Guess How Many Were Black.” The answe...
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Henry Ford 1907

100 Entrepreneurs Who Changed The World

Photo by Tuuur 1. Henry Ford 1863-1947 “If I had asked my customers what they wanted, they would have told me a faster horse.” Founder of the Ford Motor Company, Ford transformed the modern world when his company’s Model T made automobiles affordable for the average man. By revolution...
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10 Hilarious Economic Lessons From South Park

South Park is known for pushing buttons and offending people as much as it is known for its hilarious social commentary. Often the show makes astute observations about social behavior or turns political or economics issues into comedic gold. Here are ten episodes that provide funny an...
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Wages and the Cost of Living: What Isn’t Being Considered

The case for higher minimum wages across the country is based on the premise that Americans cannot keep up with the cost of living. Recently I came across a post that charged Wal-Mart was irresponsible because a high number of their employees were receiving state benefits. The post cl...
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5 Vital Economics Lessons Your Kids Won’t Get in School

While some schools are better than other, generally basic economic lessons are absent from public school curriculum. These are vital lessons needed to understand the world around them. Here are just five lessons I wish someone had taught me in school. 1. Prices Why do some things cost...
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Crypto Currencies: Future of Folly

Bitcoin and other crypto currencies exploded into the world this year. As the value of bitcoin soared, optimists declared we were seeing the beginning of a new world. Realists warned us, however, that it was a bubble, that Bitcoin had no real value. It appears, for now, those skeptics...
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Money is The Root of All Good

“The man who damns money has obtained it dishonorably; the man who respects it has earned it.”–Ayn Rand Money is a medium which facilitates trade, representing a value based on productive labor. It is not greed embodied, nor is it a source of evil. Avarice, greed, and gluttony a...
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10 Right Wing Economic Misconceptions

Immigration What the Right believes: Immigrants take away American jobs. Illegal immigrants suppress wages of American workers. Illegals suck up our social welfare dollars and are a drain on our economy. The Truth is: Immigration is beneficial to the economy, and our economy is depend...
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10 Left Wing Economic Misconceptions

Subsidization- What the Left believes: Subsidization is a viable way to encourage desired economic activity. Alternative energies, organic foods, and anything that is good for people should be subsidized. The Truth is: The subsidization of a product’s or service’s cost by the governme...
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We are now forming a republican government. Real liberty is neither found in despotism or the extremes of democracy, but in moderate governments.

— Alexander Hamilton

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