Recent debates about the Trans-Pacific Partnership got us thinking about how the Affordable Care Act (ACA) might affect U.S. competitiveness abroad. The connection is stronger than you might expect.
Debt is the four-letter word Americans hate to hear. Today, the average American household has debts totaling around $7,200. According to Aimee Picchi on CBS Moneywatch, American household credit card debt is increasing despite the fact that average household earnings have not experienced a similar increase to account for that new debt.
Could marijuana legalization save the Puerto Rican economy? Right now, marijuana possession in Puerto Rico is a serious crime and first-time offenders are slapped with a felony, two to five years in prison and up to a $5,000 fine. But with legalized pot, Puerto Rico can use the tax revenues and fees it collects to help pay off the debt.
If we are unwilling to utilize our innate flexibility and cooperation, we may yet see a repeat of ancient (the Roman Empire) and not so ancient (the USSR) history and there are no guarantees such a meltdown could not happen here as well.
America's greatest innovators come from all states, not just from Silicon Valley. They can be students in Boise, a farmer in McMullen or a single parent in Anchorage. Unfortunately, securing the resources they need is often a daunting task.
During the first six months of 2015 the dollar versus the Russian currency market has decreased by 0.8%, the euro was down 9.8%. In the second quarter the dollar fell by 3%, the euro rose by 0.5%.
Bank and credit union examiners are especially scrutinizing the quality of financial institutions' assets and their sensitivity to market risk, according to a recent survey of institutions that have recently undergone routine federal examinations.
Why is the U.S. economy failing to thrive? The topic of a global malaise has generated intense debate among economists. Their explanations are very technical, but worth considering for an understanding of elite thinking about the issue -- and its limitations.
Today, the Earth got a little hotter, and a little more crowded. When Forests Disappear, So Do Beautiful Insects. Pinterest.com ...
The EU must and can settle internal deficits and surpluses, as long as these remain within the euro zone. Therefore, a better integration of economic and fiscal policies and a significant increase in economic transfers within the euro zone are needed.
It seems likely that the nominees in 2016 will be Jeb Bush and Hillary Clinton. After all, the ruling class still controls America. But the revolt against the ruling class won't end with the 2016 election, regardless. Which means the ruling class will have to change the way it rules America. Or it won't rule too much longer.
Big-game hunting leaves us troubled, I surmise, because it summons us to think of its sordid past. Big-game hunting no longer serves any social utility. Perhaps big-game hunting will vanish from the modern world, through the force of social criticism if not by positive legislative enactment.
Not all consumers would be willing to adopt that approach but recent cases confirm it can be a successful strategy to crawl out from under life crushing student loan debt.
Although a variety of suggestions have been proposed to save the island from default, here are four reasons a clearly articulated, multi-year transition to independence is the only long-term viable solution for Puerto Rico.
This reporter asked Sen. Shelby whether he supports prosecuting criminal bankers and regulating the very derivatives that inflicted so much damage on his home state. Watch Shelby answer these questions in the video below.
Although the phrase "military-civilian divide" has been around since the Vietnam War, it is seeing a lot more press lately. Journalists, scholars, and commentators are analyzing the widening gap of understanding between the public and our shrinking military population.