Let’s talk about all the crazy things that are happening in Korea. No, not North Korea, they get enough attention for much less amazing things. The economy in South Korea has exploded since the Korean War. In just 60 years, they’ve gone from absolute poverty to a country of innovators and technology. A recent study showed that South Korea’s life expectancy would be 90 years by 2030. Life expectancy in the US, today, is less than 80 years. Continue reading “Robert Solow: Finding the Formula for Economic Growth”
With the recent merger of Amazon and Whole Foods, some folks are concerned with Amazon’s rising monopoly power. I wouldn’t be so worried, though. Continue reading “Amazonopoly: The Whole Foods and Amazon Merger”
The proposed federal budget for 2018 is catching a lot of heat. Trump’s budget proposal seeks to spend $4.1 trillion, despite cuts to a slew of agencies. This hefty budget, which will be coupled with some substantial tax cuts, is betting on a wild overestimate of three percent growth to balance it out. Continue reading “Trump Budget: Good Luck With Your Three Percent”
The Trump administration is proposing some big moves in the tax arena. On the surface, it looks great, but it may be overpromising its effect on the economy. Continue reading “Trump Tax Plan: Overpromised And Probably Underdelivered”
Citizens of the greatest economy in the world don’t know economics. This comes at a high price when we’re duped into accepting bad economic policies. Continue reading “Duped Because We Don’t Know Economics”
Image: REUTERS/Christian Hartmann
Women tend to defy parental income more than men by showing how they climb up the income ladder.
A new study shows that women are doing better than men when it comes to climbing the economic ladder, but the gap continues to persist. Continue reading “Women Are Better At Climbing the Economic Ladder Than Men”
From afar, the Trump administration waging war on the Environmental Protection Agency while ramping up its efforts to fix old bridges and to deepen old ditches looks like some weird political balancing act. On one hand, they are shrugging off climate change, but “Look! Jobs!”
Both of these efforts seem to be leaving us FKD’d. However, the progressively backward movements on these fronts can be corrected if instead of refurbishing all the old stuff, we aim our focus on the future.
The future lies in an area we often take for granted: electricity. Continue reading “Beating Climate Change And Creating Jobs By Uberizing Electricity”