There should be no doubt about it. Privacy is necessary for markets to function and innovation to thrive. Without it, nobody would use online banking, email, location services, and more. With encrypted data, people feel safe knowing someone isn’t currently stealing their identity or looking at their most personal information. Unfortunately, some politicians care more … Continue reading
Later this month, Congress is expected to vote on a resolution of disapproval that could prevent President Obama from implementing the proposed nuclear agreement with Iran. However, recent reports indicate that Senate Democrats are considering a filibuster of the landmark vote. Such an extraordinary demonstration of political partisanship embodies not only the epitome of hypocrisy … Continue reading
Since the 1959 Cuban Revolution that resulted in Fidel Castro’s rise to power, countless numbers of Cubans have fled to the United States. Today, there are around 2.2 million Cuban immigrants and their U.S. born descendants living in our country. Under the 1966 Cuban Adjustment Act (CAA), Cuban migrants may attain residency after having lived in … Continue reading
Ever since the members of the U.S Business Roundtable presented their plan to gradually raise the retirement age to seventy last year, the political and economic realm has been on fire with both support and recrimination. This fervor has only intensified after a recently released report by the Congressional Budget Office (CBO) which stated that, holding … Continue reading
Following an election, market participants strive to explore the new political landscape. Pundits are commenting, and slowly but surely, people discover what the new landscape looks like. Interestingly though, if you ask political economists (sometimes called Public Choice economists) the most fascinating aspect of an election is perhaps not what parties gain control of which houses of … Continue reading
Primary season is still in progress, yet this election cycle has already been one of the most rancorous in recent memory. Whether the race is about a Democrat in a Red State, a tea party challenger running against the establishment, or a tight race in a swing state, all the Senate races have one thing … Continue reading
Conservatives nationwide gasped while Conservatives in Virginia’s 7th district rejoiced following the shocking primary loss of House majority leader, Eric Cantor on June 10th. Cantor, slated by many as the next Speaker of the House, fell to the opposing tea party Representative, Dave Brat, by an 11-point spread. “This is an earthquake, no one thought … Continue reading
On Wednesday March 5th, the Obama Administration announced a second delay in the Affordable Care Act (ACA) mandate that requires health insurance plans to meet minimum requirements in health benefits. The mandate has been controversial since its conception. With the passage of the Affordable Care Act, this mandate established 10 essential benefits that must be … Continue reading
One of greatest falsehoods that clouds the discussion over whether to raise the minimum wage is that these workers are underpaid compared to the value they provide to their employers. Massachusetts Sen. Elizabeth Warren made the case, “If we started in 1960 and we said that as productivity goes up, that is as workers are … Continue reading
Controversy continues to arise over a new law being promoted by President Obama and his administration. The Affordable Care Act, or otherwise known as Obamacare, would require every United States citizen to either pick from set health insurance packages or be forced to pay a steep penalty. Many Americans, however, are becoming outraged at the … Continue reading
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