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10 Reasons To Wait To Go To College
Last year I graduated from the University of Connecticut with honors, two majors, and list of accolades. I performed well in college and I believe a significant reason was that I did not enroll until I was 24 years old. While everyone is an individual, waiting to go to college is for many young people…

Money is The Root of All Good
“The man who damns money has obtained it dishonorably; the man who respects it has earned it.”–Ayn Rand Money is a medium which facilitates trade, representing a value based on productive labor. It is not greed embodied, nor is it a source of evil. Avarice, greed, and gluttony are what people are truly lamenting when…

4 Inconvenient Truths Only John Oliver Has Covered
John Oliver, the British comedian and television personality formerly of Comedy Central’s The Daily Show, is making waves with his new show on HBO. Last Week Tonight with John Oliver has taken the satire news format and brought it to the uncensored, unadulterated land of late night cable television. The results have been hilarious and…

Is the federal minimum wage really “the third-lowest” of developed nations?
Congressman David Cicilline (D-RI) has been a vocal proponent of raising the minimum wage. He claims the US’s federal minimum wage is “the third-lowest minimum wage of the countries in the OECD.” At first look, he appears correct, but there is more to it. When adjusting for purchasing power parity, the United States federal minimum…

A Defense of Outsourcing: What You Haven’t Considered
Outsourcing — sending manufacturing or services work abroad where it can be done more cheaply — can be a tough sell in the best of times. It’s even more of a challenge when jobs in the U.S. are already hard to find, making it painful to think of precious jobs being shipped overseas. If only…

5 Vital Economics Lessons Your Kids Won’t Get in School
While some schools are better than other, generally basic economic lessons are absent from public school curriculum. These are vital lessons needed to understand the world around them. Here are just five lessons I wish someone had taught me in school. 1. Prices Why do some things cost more than others? Why does the price…