A recent article in The Atlantic challenges the oft-cited negative correlation between welfare programs and entrepreneurship by saying that welfare reduces the risks of starting a business, which would actually encourage entrepreneurship: This argument is particularly important today for two reasons. First, despite the headlines coming out of Silicon Valley, America has actually become less entrepreneurial over […]
Continue reading →Aaron Schock, a House Republican from Illinois, has resigned effective March 31 after an investigation into his requests for federal reimbursement uncovered multiple discrepancies, especially concerning his mileage expenses: Schock billed the federal government and his campaign for logging roughly 170,000 miles on his personal car from January 2010 through July 2014. But when he […]
Continue reading →The total US debt has just jumped over the $18 trillion mark for the first time ever. With all of the other major problems we are facing as a country, this one might be the crow bar that finally shatters the camel’s back: It also means that total US debt to nominal GDP as of […]
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