Author Archive

Shock from Senators as Large Firm Attempts to Maximize Profits!

“US Senators Accuse Apple of Avoiding Billions in Taxes,” reads the front page headline from the May 21 print edition of the Financial Times (link to online article here).  Before I started reading, I thought perhaps this beloved provider of all that is I-phone was guilty of a Leona Helmsley or Walter Anderson-style case of [...]

Are Millennials Ready for Social Security Reform?

Government is very good at crowding out private sector activities.  When government borrows, it can cause interest rates to rise and crowd out more productive private sector borrowing.  When government expands welfare programs to help the hungry and homeless, the effect is the crowding out of individual giving to more efficient private-sector programs.  And decades [...]

Taking All the Fun Out of Home Economics

It’s bad enough that market work has been decimated by high taxes, burdensome regulations and a generous disability system, but do we really need to start targeting non-market domestic endeavors due to the behavior of a few?

Even Jay Leno Recognizes the Tax Burden on Small Business!

I guess the current business climate is worse than I thought.  From Newsbusters on how to close Guantanamo Bay.  

College Degrees: You Read it Here First (Again)

The Wall Street Journal recently reported on the diminishing value of the bachelor’s degree compared to a two-year degree at a community college.  With the billions of dollars of federal money poured into college aid and the predicted shortages of workers in jobs that require technical training, it is no wonder that more people are [...]

An Uphill Playing Field for Online Retailers

Just when I thought we could get a break from bad news this week, the Internet sales tax collection bill  reared its ugly head.  It has a way to go before becoming law, but according to the New York Times, a majority in the Senate has voted to take it up for debate and amendment. While [...]

Gold is Falling! Next Subject…

Two years ago during the gold-buying frenzy, I analyzed the rate of return to gold.  Bottom line:  The price does not rise indefinitely, in many cases the rate of return to gold does not come close to stock market returns, and as we have seen today, the gold market is subject to fluctuations like any [...]

The United States of Cyprus: Will American Retirement Accounts be Raided?

As I skimmed through a copy of the president’s 2014 budget, which by the way, is chock full of fluffy spending at the expense of the taxpayer, I caught site of an interesting proposal regarding retirement accounts.   Let me back up a bit and rephrase myself — I caught sight of a “hair-brained scheme” that [...]

The Shrinking Workforce: You Read it Here First

A funny thing happened on the way to the labor market.  The unemployment rate fell last month to 7.6%, but the labor force participation rate fell to 63.3%, the lowest in about 34 years.  The LFPR is reported monthly by the Bureau of Labor Statistics but it has not received much attention until recently.   So while the [...]

How Should We Measure Child Poverty in the United States?

Guest blogger Marcelo Ostria, an NCPA research associate, discusses the challenge involved in measuring child poverty in the United States. In light of federal spending cuts, the media has recently revisited poverty in the United States.  A recent article in the Christian Post depicts alarming child poverty and hunger rates while another article from the Associated Press [...]