Validity of the ExIm Bank: Why Market Radicals Fail to Understand the Modern Economy
Economy / Other / Politics / Regulation

Validity of the ExIm Bank: Why Market Radicals Fail to Understand the Modern Economy

  Recent political proceedings on Capitol Hill regarding the reauthorization of the Export Import Bank have revealed a deficit in economic competence on the part of market fundamentalists who believe that the Ex-Im Bank should be shuttered. Founded in 1934 under the FDR administration, the Ex-Im bank has been one of the primary establishments within … Continue reading

What Oil Shock?
Politics

What Oil Shock?

Foreign Exposure There’s a reason that every President since Nixon has pledged to make the United States “energy independent.” It’s the same reason that drives consumers to more efficient cars. It’s the closest thing to a universal truth in energy markets—that unrest in the Middle East is directly proportional to the price of oil. But … Continue reading

O Canada: 5 Advantages of Using a Points-Based Immigrant Selection System
America / Immigration / Labor Force / Politics

O Canada: 5 Advantages of Using a Points-Based Immigrant Selection System

While politicians, the press, and immigration advocates continue to criticize the “broken” U.S. immigration system, there is one country whose immigration model consistently receives praise: Canada. Our northern neighbor has one of the highest proportion of immigrants among the G8 countries—one in five Canadian residents is foreign-born. The Canadian people overwhelmingly support immigration, with 86 … Continue reading

Political Bickering over Immigration Reform Discrediting Both Sides
Immigration / Other / Politics

Political Bickering over Immigration Reform Discrediting Both Sides

President Obama announced on Monday what many have been speculating for some time now: there will be no House vote on immigration this year, meaning Obama will now take executive action to “fix” the immigration system. The president has also requested $2 billion from Congress in emergency funds to deal with the escalating immigration crisis … Continue reading