New Report: Four Ways to Simplify Taxpaying
Adam N. Michel The U.S. tax code is overly complex, with multiple sets of rules and programs that make taxpaying confusing and time-consuming, costing Americans tens of billions of dollars annually. Wholesale structural reforms are needed, but smaller changes can
Why Do Banks Still Fail?
As we know, Silicon Valley Bank (SVB) was taken over by the Feds after a bank run. Despite assurances from SVB that they were sound, they obviously failed to understand their precarious situation. Based on SVB’s balance sheet, it was
Peace is Breaking Out in the Middle East…and Washington is Not Happy!
While we were being distracted by the ongoing Russia/Ukraine war – and Washington’s increasing involvement in the war – tremendous developments in the Middle East have all but ended decades of US meddling in the region. Peace is breaking out
Facing the World at 18
My grandson will graduate from a public school in May, and my daughter, his mom, asked me to write a senior letter for him. He’s been part of my life since he was born, and we’re all very proud of
Peak EV: Electric Vehicles Will Fade as Their True Costs Become Clear
“On Wednesday, the Environmental Protection Agency plans to announce tough new tailpipe emission standards designed to effectively force the auto industry to phase out the sale of gas-powered cars,” reports The Verge, with the provocative headline “The End Is Nigh
How the Woke Left Is Destroying Education
For decades, providing students with the highest quality of education was a key objective in many countries because doing so would facilitate scientific progress and innovation, support social and economic development, and raise living standards. In recent years, however, the
Professor Shawn Ritenour: The Vital Role Of The Entrepreneur In Economic Development
Entrepreneurship is well-defined in economics, and well-recognized as the engine that drives economic growth. That means people enjoying greater well-being, including but not limited to material prosperity. But economic growth can be uneven. Some countries, some regions, and even some
EPA: The benefits of proposed automobile tailpipe standards are estimated to be $1 trillion more than costs
From the WSJ (EPA Seeks to Boost EVs With Toughest-Ever Rules on Tailpipe Emissions): The Biden administration is proposing new limits on vehicle tailpipe emissions, seeking to spur U.S. auto makers to generate two-thirds of their sales through electric vehicles in
The New Deal and Recovery, Part 28: A New Deal for Housing
Because this series is about the New Deal's contributions to economic recovery, it's essential that we recognize the difference, as Roosevelt himself did, between recovery on one hand and relief and reform on the other. A New Deal policy that