Security: Doing math on board aircraft is dangerous
This really happened - an economist working on differential equations was temporarily removed from an airline flight because passenger thought he must be a terrorist.
Demographics: State budgets threatened by declining populations
Low fertility rates are already beginning to impact state budgets.
Finance: Why Basic Income Studies Produce Useless Results
Universal Basic Income makes no sense in the real world but they keep trying.
Business: Double majors in college have better earnings security
Study suggests the path to job security is cross training - and having degrees or double majors in 2+ subjects.
Policy, Economics: Price controls have never worked
A national rental price control policy is a long term fiasco.
Demographics: Another way of looking at the long term, low fertility rates
In Japan, there are 51 people age 65 or older for every 100 working age persons in the country. See any problems with this?
Economy: 2% Global wealth tax proposed for those with $100+M in assets
There is no global wealth tax authority – so this requires all governments to enact a global wealth tax. Also, due to dramatic differences in currency values/costs between countries, the…
Economy: Home price affordability since the 1970s
Home affordability since about 1970. Surprisingly, affordability was worse in the 1970s and early 1980s.
To solve everything, we need to end capitalism and adopt global communism
“You can’t have infinite growth on a finite planet. That should be a commonplace idea. And that inevitably means facing up to the necessity of putting an end to capitalism…