Economics

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Would a “Brexit” break Britain?

The issue of Britain remaining in the European Union and the consequences of a potential British exit — sometimes shortened to “Brexit” — from the European Union, have come to the forefront of public debate…



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The Minimum Wage Debate: Where to Go From Here

The current debate surrounding the minimum wage in the United States is characterized in part by disagreement about its original purpose. Those who support raising the minimum wage (usually to somewhere between $10 and $15…


Top marginal income tax rate (red) to income and wealth inequality (gray). Courtesy of http://inequalityforall.com/resources/#/.

The Demand for Patriotism and Progress

More than a half-century ago, John F. Kennedy stood before a roaring crowd at the Capitol as he was sworn into office as president of the United States. To some eighty-million people watching across the…


Mexican President Carlos Salinas, U.S. President George H.W. Bush and Canadian Prime Minister Brian Mulroney (back row) in October 1992. Photo from Wikimedia Commons.

NAFTA’s Effect on the Mexican Economy

In 1992, Independent presidential candidate Ross Perot warned the American public: “You’re going to hear a giant sucking sound of jobs being pulled out of this country.” Perot was referring to the impact he predicted…



The aircraft shot down in the MH17 disaster pictured in 2011. Photo from Wikimedia Commons.

Why Malaysia Airlines’ Future Looks Doubtful

March 8th, 2015 marks the one-year anniversary since Malaysia Airlines Flight MH370 mysteriously disappeared over the South China Sea. Departing from Kuala Lumpur International Airport, the Boeing 777, carrying 227 passengers and 12 crewmembers, was…