Jeb Bush recently ignited a political firestorm by making the following comments about economic growth and work: My aspiration for the country—and I believe we can achieve it—is 4% growth as far as the eye can see. Which means we have to be a lot more productive, workforce participation has to rise from its all-time […]
In the wake of the racially motivated murders of three black men and six black women by a young white man, some individuals are using this crime as a platform to claim that America is teeming with racism and that violence against black people is rising. For example, Karen Attiah of the Washington Post wrote […]
The U.S. House Of Representatives recently passed an act that would prohibit abortions from 20 weeks after fertilization, except in cases of rape, incest or when the life of a mother is endangered. A photograph in the womb at this stage of development is shown on the left. The legislation states that its purpose is […]
New York Times economics analyst Eduardo Porter recently penned two columns about income inequality in which he claimed that the “job market is not working to distribute wealth” and “has lost much of its power to deliver income gains to working families” over the past four decades. As proof of this, he quoted data on […]
New data from the U.S. Treasury shows that the federal government has amassed $74 trillion in debts, liabilities and unfunded Social Security/Medicare obligations. This amounts to$603,000 for every household in the U.S., a fiscal burden that exceeds 90% of all the private wealth accumulated in the history of America. Each year, the Treasury and White […]
Based upon two new papers in academic journals, media outlets have been reporting that the world’s oceans are overwhelmed with plastic waste. However, as detailed below, the documented amount of plastic in the world’s oceans is the equivalent of placing a microscopic speck of plastic weighing less than one-thousandth of an ounce into this Olympic-sized […]
The journal Science is one of the most prestigious and cited publications in all of academia. Itswebsite boasts of being “the world’s leading outlet for scientific news” and having “more than 100 of the world’s top scientists” on its Board of Reviewing Editors. These luminaries recently published a paper by a team of ecologists and […]
The Institute on Taxation and Economic Policy (ITEP) is a self-described “non-partisan research organization” dedicated to providing “accurate, timely, and straightforward information” about tax policies. In a new report on state and local taxes, ITEP declares that “virtually every state’s tax system is fundamentally unfair,” because they take “a much greater share of income from low- and middle-income families than from wealthy […]
In articles and columns touting the virtues of solar energy, a chorus of reporters and pundits are claiming that solar panels produce electricity for about the same cost as fossil fuels. These individuals are also declaring that because of this, solar energy will soon provide a major portion of the world’s electricity. However, official government […]
Nobel Prize-winning economist Paul Krugman claims he has unveiled the real motive behind opposition to the Federal Reserve’s policy of minting trillions of dollars to purchase toxic investments and government debt——technically known as quantitative easing or QE. According to Krugman, criticism of QE is not genuinely rooted in the oft-voiced concern that it may stoke […]
