A day after his 21st birthday, one of my best friends won $6,000. He’d wagered $1,000 on Minnesota Twins’ catcher Gary Sánchez to hit a home run against the Oakland A’s. Beginner’s luck. Except it wasn’t. Hitting that bet may have been lucky, but he is no beginner. Nearly all my friends, and what seems … Continue reading
Category Archives: Politics
Derive Higher Benefits from High-Skilled Workforce Mobility
In January 2022 the Department of Homeland Security announced the amendment of the list science, technology, engineering, and math degree programs by adding 22 qualified fields of study to the F-1 visa program. The amendment allows qualified international students to apply for a 24-month extension of their Optional Practical Training beyond the already existing 12-month … Continue reading
The 9-8-8 Implementation Act of 2022
Someone to Call. | Someone to Come. | Somewhere to Go. Summary In 2010—2020, over 480,000 individuals in the United States committed suicide, a 12 percent increase from the decade prior. On July 16, 2022, the federal government will roll out the national “988” hotline for suicide prevention and mental health crises that will route … Continue reading
The Circadian Scoop
That’s Enough: America’s Surplus No, I’m not talking about the federal government’s balance sheet – its budget hasn’t experienced a surplus in over 20 years. The surplus I’m referring to isn’t economic in nature, but rather one of words – excess spending leads to deficits in the form of a lack of clarity. A recent … Continue reading
Economic Sanctions – Modern Tool Against Modern War?
Introduction Economic sanctions represent one of the most widely used instruments in international relationships for various social, political and military concerns. They can be imposed by one country (unilateral sanction) or group of multiple countries (multilateral sanction) against other country (or regime) to express their disapproval of the regime and deter the unacceptable behavior. However, … Continue reading
Congressional Earmarks, A New Illusion of Transparency
Introduction The age of the internet has ushered in a new level of government transparency. Committee hearings are livestreamed, laws are uploaded to websites, and other documents are available to the public in their own homes. Gone is the hassle of paper stacks and public record requests. Or so one might think. As Congress jumps … Continue reading
NFTs: Key Policy Considerations
An emerging asset class- nonfungible tokens (NFTs)- has taken the crypto world by storm. NFTs are used by blockchain games, crypto artists, and countless others because of their digital scarcity and uniqueness, capturing the attention of investors and consumers alike. This is no longer a tiny niche. As of 2021, the NFT market was valued … Continue reading
America / Economy / Fiscal policy / Politics / Presidency
President Biden and the State of Inflation
Executive Summary Last week, President Biden outlined his plan to counter inflation as the rate rises to around 7% The President placed the blame of inflation on rising prices in a myriad of sectors including motor vehicles, prescription drugs, energy, and childcare His solutions include programs to cut costs as well as protect wages by … Continue reading
The Mobility Puzzle: A Lesson from Immigrants
The United States’ most successful minority is immigrants. They have progressed more, and more rapidly than any other group in this country. They’ve managed to exceed native-born Americans in socio-economic performance across the board, by keeping their families together, saving better, and proving resilient through life’s setbacks. The current culture war obscures these facts entirely: … Continue reading
The Unpopular Option and Puerto Rico
Executive Summary Puerto Rico now has a real chance for economic recovery. Last January the Financial Oversight Board for Puerto Rico closed an almost five year-long bankruptcy case with 80% of the islands outstanding payments reduced. Set up in 2016, The Financial Oversight Board is a federally appointed group with limited powers over Puerto Rican finances … Continue reading
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