More and more is being written today about how millennials are different from the generations before them. But while much of the focus is on millennials’ different spending patterns, work…
Money
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With new automobiles becoming ever more expensive, more and more Americans have to finance their automotive purchases with auto loans. And with salaries largely stagnant over the past 20 years,…
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If it seems like the rich are getting richer and the not-so-rich are still, well, not so rich, there’s a reason for that. Incomes for the 1% have exploded over…
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Apple Caves to China: Are There Any Americans Willing to Stand Up to the Communists?
The past few weeks have demonstrated that there are very few Americans, if any, willing to stand up against the Chinese communist regime. From the NBA’s cowardly attempts to curry…
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It shouldn’t be surprising that different cultures and different regions value different kinds of meat. Barbecue aficionados in the US understand that. Carolina barbecue values pork, with Eastern and Western…
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One of the hallmarks of the mid-2000s housing bubble was the widespread popularity of house flipping. From TV shows such as Flip This House to seminars devoted to teaching people…
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The Reason the Redskins Are the Worst Team in the NFL Today? Blame the Federal Reserve
Some professional sports teams are just perennial cellar dwellers, unable to get their acts together no matter what. Others are dynasties that seem to turn everything they touch to gold.…
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The Latin Monetary Union (LMU) was a 19th century attempt at creating a European monetary union. It took advantage of the fact that more and more European countries were adopting…
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The millennial generation is far worse off than previous generations at their age. Not only are millennials more heavily in debt than previous generations, their wages aren’t any higher. That…
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By now most people in the US realize that stock markets are setting up for a crash. Economic growth is slowing and recession is on the horizon. But what most…