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What Is the European Union and Why Does It Matter to...

On June 23, 2016, voters in the United Kingdom elected to terminate their country's membership in the European Union in a referendum known colloquially...

How Immigration Affects the U.S. Economy – 11 Myths to Dispel

Immigration has long been a controversial subject for Americans, despite the country’s reputation as the world’s melting pot. In times of economic uncertainty, emotions run...

What Is the Sharing Economy – Example Companies, Definition, Pros &...

Some call it the gig economy. Others call it the peer economy. Others, the collaborative economy, or "collaborative consumption." Still others, the sharing economy.Tomayto,...

Labor Unions in the United States – How They Work, Pros...

When you read news stories about the middle class in America, you often see terms such as "squeezed" or "declining." As a 2017 study...

Fake News? 8 Ways to Determine If a News Story Is...

During a 2017 interview on the Christian Trinity Broadcasting Network, President Donald Trump claimed his use of the word "fake" to describe the media was...

What Is Money Laundering (Explained) – Examples, Schemes & Regulations

Paul Manafort, former campaign manager for U.S. President Donald Trump and veteran political wheeler-dealer, pleaded not guilty on October 30, 2017, to about a...

What Is a Living Wage? – Minimum Income for Basic Needs...

For several years, lawmakers on the left have been pushing to increase the federal minimum wage. They claim that the current rate, $7.25 an...

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

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...

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...

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

"I have to tell you, it's an unbelievably complex subject . . . No one knew that healthcare could be so complicated," explained President...

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

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,...