Economics Archive

Exploring the potential benefits of a relaxed stance on gambling in America

Many gamblers find US casino laws confusing as they differ by state Only four states allow online gambling The US needs government reform if it wants to benefit from the global growth of online gambling It could learn from the UK, where online casinos

How the New Tax Reform Affects Businesses

Love it or hate it, the new tax reform is here to stay. It’s important to understand how this new system will affect businesses from large businesses to the small startup company, especially if you own one. From comptroller tax audits to pass-through rates,

How You Are Being Conned Into Doing Nothing For The Environment

Right at this very moment, you are doing nothing. You may be sitting, and you may be reading, and you may even be on public transport, but you are doing nothing. Nothing, in the sense that your actions right at this moment are doing

The remarkable change to poor kids when their parents get a little more money

When a group of researchers first started this long-term study 20 years ago in rural North Carolina, they didn’t expect to be presented with a sociological godsend. The original goal was simple: to observe the mental condition, performance, and health of 1,420 low-income children.

The inhumanity of US drug prices compared to other countries

Former hedge funder Martin Shkreli, who hiked the price of an AIDS pill by 5500 percent overnight, is only the latest example of price gouging in the pharmaceutical industry, specifically targetting the largely unregulated U.S. market. But he isn’t the only one doing this, and

The Royals: 18th century thinking in the 21st century

A country on its knees, families destitute and food banks rife, but as the government says: “we’re in it together.” We tolerate this based on the basic ideology that’s installed in us from a young age, namely that working hard makes anything is possible. Yet,

Palm oil’s in everything and everywhere, and it’s destroying Asia’s rainforests

Palm oil has become an almost ubiquitous replacement for everything else, it is showcased as a healthier alternative to trans and more saturated fats and as a replacement to ethanol as biofuel. What we don’t see in this simple equation is the environmental cost, and I’m

5 reasons recycling needs to be the last thing you do

Most of us, from a very young age, are taught that one of the most important things we can do for the environment is to recycle as much waste as possible. In many cases, it is even socially acceptable to note and correct those

Does conventional law-and-order help native communities?

In Canada and beyond, native (first nation) peoples have high rates of suicide, child abuse, alcohol, drug abuse (including solvents and gasoline), and incarceration. They have lower than average per capita income, high rates of reliance on social assistance and school abandonment. Hundreds of

The Pentagon Doesn’t Know How It Spent $8.5 Trillion

When government is completely dysfunctional and seems not to serve the people’s interests, we have to wonder where our tax dollars are going. Thanks to a Reuters investigation by Scot Paltrow, we have an answer—or, rather, a non-answer. Apparently, the Pentagon has made use