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Home Authors Posts by Michael Lewis

Michael Lewis

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Michael R. Lewis is a retired corporate executive and entrepreneur. During his 40+ year career, Lewis created and sold ten different companies ranging from oil exploration to healthcare software. He has also been a Registered Investment Adviser with the SEC, a Principal of one of the larger management consulting firms in the country, and a Senior Vice President of the largest not-for-profit health insurer in the United States. Mike's articles on personal investments, business management, and the economy are available on several online publications. He's a father and grandfather, who also writes non-fiction and biographical pieces about growing up in the plains of West Texas - including The Storm.
value-added tax financial concept with wooden blocks and coins

Will the U.S. Adopt the Value-Added Tax (VAT)? Roadblocks, Pros & Cons

Many Americans do not understand how an American VAT might affect them, or its possible economic consequences on GDP and the national debt. Congress is currently exploring tax reform in order to spur economic growth...
Improve Federal Tax System Fairnes

How to Improve the U.S. Federal Tax System to Ensure Fairness

"Congress, Congress! Don't tax me, tax that fellow behind the tree." This 1930s ditty reflects the sentiments of most Americans today as Congress once again tries to simplify and reform the 74,608-page Federal Tax...
Fix Healthcare System History Problems Solutions

Can the U.S. Health Care System Be Fixed? – History, Problems & Solutions

"I have to tell you, it's an unbelievably complex subject . . . No one knew that healthcare could be so complicated," explained President Donald Trump to Republican governors attending the 2017 National Governors...
Manage Life Risks Make Better Decisions

How to Manage Life Risks, Make Better Decisions & Increase Happiness

BASE jumping is one of the most dangerous sports a human can undertake, with one fatality per 60 participants. The desire to jump from great heights is practiced by a small percentage of extreme sports...
Social Security Bankrupt Solutions

Social Security Going Broke – Solutions for When the Money Runs Out

More than one-half of Millennials believe there will be no money in the Social Security system by the time they are ready to retire, according to a 2014 Pew Research report. "I don't think anyone honestly...
Understanding Political Correctness

Understanding Political Correctness (PC) – What It Means & How It’s Evolved

"Sticks and stones may break my bones, but words will never hurt me." This old English rhyme is often heard during one's childhood, typically as comfort to a victim of ridicule by other children....

Is Going to College and Getting a Degree Worth It? – Pros & Cons

James Smith, a 2015 graduate of the University of Texas, continues to live at home while working as the manager of a local dry cleaning establishment. He struggles to make his monthly $282 student...
terminally ill person holding hands

Euthanasia Debate – Pros & Cons of Physician-Assisted Death

Harold and Patricia Tucker recently passed their 50th anniversary. There was no celebration.Married a month after their high school graduation, Patricia worked as a secretary in a local law firm to help Harold attend...
National Lottery Fix Us Federal Debt

Can a National Lottery Fix the U.S. Federal Debt? – Pros & Cons

Public lotteries have a long history. From Caesar Augustus (where tickets had prizes of slaves, real estate, and ships) to European governments during the Middle Ages (which relied heavily on lotteries for revenue), state-run...
real estate investing

Tax Benefits of Real Estate Investment Properties – IRS Rules Explained

Renting versus buying can be a difficult choice. Still, according to The Wall Street Journal, almost two-thirds of American households own homes. Many more own rental properties or second vacation homes. By contrast, a Gallup Poll...
Financial Scams Investment Schemes Types Fraud

How to Identify Financial Scams & Investment Schemes – 6 Types of Fraud to...

An old proverb claims, "The art is not in making money, but in keeping it." Unfortunately, con artists and swindlers are anxious to separate you from your money by means of deception and fraud.In...
bad stock investment

7 Worst Dangerous Investments That Can Hurt You Financially

The Wall Street Jungle, written by Richard Ney in 1970, compares the field of investments to a shadowy, sometimes impenetrable wilderness filled with dangerous beasts and hidden treasures. Blindly venturing into this unknown world can easily end...