Are Illegal Immigrants Hurting the US Economy? 3 Facts that may Surprise You

At the beginning of the Cold War, George Kennan introduced the idea of “containing” an unfriendly state as part of  his work on U.S. policy toward the Soviet Union. Later the idea of containment was implemented in part through the use of economic sanctions. It was based on two assumptions: For both ideological and geopolitical…

Regulatory Capture is a  process by which regulatory agencies become dominated and directed by the corporations or special interests they are supposed to be regulating. It’s like putting the mafia in charge of writing regulations for bookmaking. Most generally associated with Nobel laureate George Stigler and postulated as an actual theory in the early 1970’s,…

The case for higher minimum wages across the country is based on the premise that Americans cannot keep up with the cost of living. Recently I came across a post that charged Wal-Mart was irresponsible because a high number of their employees were receiving state benefits. The post claimed that Wal-Mart’s wages are so low…

As a result of the defeat in World War I, Germany had to pay reparations in gold or foreign currency, in annual installments of 2 billion goldmarks plus 26 percent of the value of Germany’s exports.

Photo by Keoni Cabral 1. Rental Real Estate Rental real estate is the classic way to have your money work for you. You may choose either to make a down payment on a property and have your tenants pay the mortgage, or pay for it in full so that you own it outright, which can…