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

Higher Revenues with Lower Taxes? The Laffer Curve Explained

The idea that higher revenues can be raised by lowering tax rates seems counter intuitive to many. In fact, politicians who campaign on lowering taxes are often derided as liars, especially in light of budget deficits. It is often asked: how can anyone promise to cut taxes when the go...
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Corporate Personhood and the Misconceptions About It

One term which is often incorrectly inserted into political discourse is corporate personhood. Corporate personhood is a legal concept that arises from the extension of certain rights to market entities for the purpose of facilitating commerce and protecting individuals. Its applicati...
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10 Sobering Facts About the National Debt

1. Unfunded Liabilities The national debt is at an all-time high of around $16 trillion. That’s scary enough. But it turns out that number is just piercing the surface. If you include all the unfunded federal obligations to Social Security and Medicare it would add up to near $116 tri...
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Subsidies are the Steroids of Business

When the use of steroids and performance enhancing supplements became widespread in Major League Baseball, fans were in outraged. If some players had an unfair advantage over others, it sullied the entire sport. Americans who followed baseball felt cheated and duped. Congress even got...
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How to Spot an Argumentative Fallacy

With the advent of social media, the sharing of opinions across a broad spectrum has never been so easy. Of course, what many of those who opine fail to recognize is that debate from opposing views will naturally follow. Debate is a valuable tool in civil discourse. Argument is not. A...
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The Politics of Corn

Take a look at almost any prepackaged food product you buy at the store. You will be surprised how many products contain High Fructose Corn Syrup (HFCS), a sweetener derived from corn sugar. HFCS is not better tasting than sugar, nor is it healthier, as studies have shown a link betwe...
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A Voter’s Guide: 10 Facts about Midterm Elections

Midterm elections are fast approaching. Here’s what makes midterms unique and what you can expect to see as November nears.  1. Low Turnout Voter turnout during non-presidential election years is traditionally low. The presidential election usually brings out between 55-65% of registe...
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A Voters Guide – 10 Facts about campaign finance

Election season is approaching and as it nears you will hear more talk of campaign finance and the need to reform it. Here are 10 facts that cut through the rhetoric. Photo by Vince Alongi 1. Free Speech and Campaigning If political speech and the printing press are protected under th...
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Big Government: The Great Panacea

Step right up and see the wonder that is Big Government! It’s strong, it’s flexible, and it is not limited by any checks or balances! It is your one solution for all your problems both big and small –tiny or tall. Big government is what you need to fix all your worries and conce...
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The FDA’s Monopoly Kills Consumers

When government assumes the role of certifying or approving products it limits consumer protection and increases the probability of corruption. The Federal Food and Drug Administration, for example, is charged with the protection of consumers, and all food and drug products require th...
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One definition of an economist is somebody who sees something happen in practice and wonders if it will work in theory.

— Ronald Reagan

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