10 People Who Are Working to Change the World

The simplistic view of government regulation envisions idealistic regulators forcing regulation onto unwilling business. The reality though is that businesses often seek government regulation in order to gain unfair competitive advantages in the marketplace. Established Companies Established firms in an industry often seek regulation in order to discourage new competitors from entering the market. This…

The national debt of the United States is barreling out of control and American politicians appear completely unwilling to anger prospective voters by honestly saying “The American taxpayers cannot afford to give you everything you want.” The US national debt is currently 16.8 trillion dollars. That number is too large for most of us to…

Photo by Tddy 8. The American economy is exceptional The United States is the world’s largest economy, representing 22% of global GDP. The U.S. dollar is the currency most used in international transactions and is the world’s foremost reserve currency. Several countries use it as their official currency, and in many others it is the…

One of the biggest stories this year has been the release of nude photos of celebrities that were stolen from Apple’s iCloud. The theft and release of such photos is clearly a violation of privacy and an act of voyeurism. I must admit, however, that like many Americans, I did not feel much pity for…

The failure of Detroit shows what happens when a government increases taxes and regulation beyond the point where individuals feel that they are worth putting up with. As residents abandoned Detroit for parts of the country with less onerous government, the population fell from 1,849,568 to just 713,777. Those who left were the taxpaying residents,…

Since 1986, the cost of tuition at American colleges and universities has risen 498.41% — more than four times faster than the rate of inflation during that period (115.06%). The costs of obtaining a degree are escalating out of control and leaving many graduates with student loans which they are unable to repay. Much of…