By: Stephan Aarstol The 9-to-5 grind has created a cult of workaholics. Unfortunately, the 8-hour workday hasn’t budged in 100 years. Never mind that the Information Age represents the biggest shift since the Industrial Revolution and that family structures have changed dramatically since the early 1900s. Workers still get in their cars every morning and […]
Commentary
Brazil’s Lost Decade: We Must Free Our Economy
By: Felipe Capella It was a lost decade for Latin America. Years of populist governments combined with a commodity boom turned out to be our oil curse, our Dutch Disease. This disastrous mix made bad public policies look like temporary successes, pushing developing countries to an unsustainable path. The collectivist ideology monopolized the debate for […]
A New Set of Crises for the European Union
By: Brendan Brown European monetary union and free movement of peoples from impoverished East to the rich West will likely be twins in death as they were at birth. It has been a slow but steadfast journey from the Paris-Berlin accords on monetary union and EU enlargement in the 1990s to the biggest symptom yet […]
5 ways the government taxes (and hurts) the poor
The issue of taxation in the United States and in most developed countries is a complex matter. With the tax code bigger than a lot of books on quantum mechanics, existential philosophy and crime noir combined, complying with the current tax system can be quite the headache for most middle- and lower-class individuals. Indeed, the […]
Why milking the rich will never resolve Washington’s debt issues
Part of the presidential campaign rhetoric this election season has been taxing the rich because the United States federal government needs to invest even more money in education, tackle the trillion-dollar-plus budget deficit and make the affluent in society pay their fair share. It’s a noble goal and it seems the bureaucrats, public officials and […]