The economic landscape of the United States has changed dramatically since the 1960s. Especially, in the arena of fatherhood. Continue reading “Changing Landscape for Dads”
Category: Economic Mobility
Do Financial Regulations Decrease Financial Literacy?
Ask the average person about her smartphone, and the odds are better than even that she’ll be able to recite the make, model, and salient features such as battery life and camera quality. She may even be in a position to rank the phone relative to other handsets and to make a recommendation as to whether it offers good value for money. Continue reading “Do Financial Regulations Decrease Financial Literacy?”
Bernie Sanders is Angry About Deodorant and Sneakers
During the height of the Democratic primary season in 2016, Senator Bernie Sanders made news by lamenting “You don’t necessarily need the choice of 23 underarm spray deodorants or 18 different pairs of sneakers when children are hungry in this county.” Bernie asks an interesting economic question – why do we have so many choices between products that are essentially the same thing? Paul Krugman won the Nobel Prize in 2008 in part for answering this question. Continue reading “Bernie Sanders is Angry About Deodorant and Sneakers”
Slow-Boiled By Good Intentions
In case you didn’t know, we surpassed the $20 trillion mark in debt. Like many recent college grads or new homeowners, the United States has piled on more debt than what it brings in every year. In fact, the government debt is larger than the amount of goods and services we produce in a year! In 2016, the Gross Domestic Product, or GDP for the U.S. was around $18 trillion; $2 trillion less than the total debt. Continue reading “Slow-Boiled By Good Intentions”
Oh My Gosh! Just Open A Roth IRA Already!
If you want to be financially secure 30 years from now and you haven’t opened a Roth IRA, you’re shooting yourself in the foot. Continue reading “Oh My Gosh! Just Open A Roth IRA Already!”
Oxymoron: Subsidizing Entry-Level Jobs For Teens And Minimum Wage Hikes
The way the moving parts of government, unknowingly, work against each other contributes to the plight of the FKD’d millennial. Continue reading “Oxymoron: Subsidizing Entry-Level Jobs For Teens And Minimum Wage Hikes”
Minneapolis May Experience An Uglier Minimum-Wage Fiasco Than Seattle
Minneapolis recently decided to jump on the minimum-wage bandwagon. This bandwagon is led by the “fight for $15” activists who are attempting to increase the minimum wage to $15 per hour for the entire country. Since a blanket minimum wage increase at the federal level is not possible, they are going to localities instead. Continue reading “Minneapolis May Experience An Uglier Minimum-Wage Fiasco Than Seattle”
