Economy / Fiscal policy / Tax / Taxes

Tax Cut-Implications for Behavioral Economics

Richard H. Thaler, professor of behavioral science and economics at the University of Chicago, won the Nobel Prize in Economic Sciences this year “for his contributions to behavioral economics.” This is a relatively new field that combines the idea of psychology and economics. Standard economic models assume that humans are rational actors. However, behavioral economists … Continue reading

VBP Has the Chance to Become the MVP
America / Economy / Healthcare / Medicaid / Medicare / U.S. Domestic Policy

VBP Has the Chance to Become the MVP

America has a drug problem that goes well beyond opiates and abuse. Pharmaceutical drug prices have skyrocketed in the last decade and fueled an overall increase in health care costs and spending[1]. The top ten most prescribed medications have all risen more than 50% since 2011, with four out of ten having doubled in cost. … Continue reading

Census Bureau Report Shows Rural America is Being Left Behind
America / Economy / Politics / U.S. Domestic Policy

Census Bureau Report Shows Rural America is Being Left Behind

Rural America is struggling. As blue-collar jobs move overseas and people flock to major cities in an increasingly knowledge-based economy, rural America is being left behind in the next wave of economic growth. President Donald Trump broke the Democratic “blue wall” in the 2016 presidential election by appealing to rural voters, running on a platform … Continue reading

ABCs of the GCC Crisis: Origins and Economics
Economy / Events / Foreign Policy / Middle East / Politics

ABCs of the GCC Crisis: Origins and Economics

Background On June 5th, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt released a joint statement, announcing their severance of all diplomatic and trade ties with the gulf state of Qatar. This announcement came on the heels of rising tensions between Qatar and their fellow Arab states. The official reason given for the severance … Continue reading

WIOA Under President Trump
Economy / Education / Labor Force

WIOA Under President Trump

Introduction The Workforce Innovation and Opportunity Act (WIOA) supports individuals from sectors across society who are looking for employment, training, or other workforce assistance. WIOA is a federal program implemented by states and it has only been active since July 1, 2016. The program is supported by a bipartisan majority and has been praised by … Continue reading

Breaking Down the Single Payer System
Economy / Healthcare / Politics

Breaking Down the Single Payer System

Overview Late June, legislation that would transform California’s health care system to a single-payer system was brought to a halt by Assembly Speaker Anthony Rendon, despite approval in the state Senate and loud public support. Single-payer health insurance eliminates the numerous private and government health insurers and replaces them with a single public organization that … Continue reading

Economy / Foreign Policy / Politics

The Potential Economic Opportunities for U.S. Businesses in Cuba

Overview   Since Fidel Castro took power in 1959, the United States has adopted policies to isolate Cuba both diplomatically and economically. Former President Barack Obama began the process of normalizing relations between the United States and Cuba during his tenure. The Obama administration’s policies signal a shift in 50 plus years of American foreign … Continue reading