Income Inequality in America – Definition, Causes & Statistics
The gap between the wealthiest Americans and those struggling to get by on minimum wage is called income inequality, which is substantial and growing in the U.S. And economists say that’s bad news — not just for the poor but for all Americans. But what causes it, and how can we fix it?
Fair Labor Standards Act (FLSA) – Definition & Employee Protections
The Fair Labor Standards Act of 1938 (FLSA) was a seminal piece of legislation that established minimum wage, overtime pay, recordkeeping, and youth employment laws in the U.S. Learn about the act’s origins, the protections it grants, changes since its inception, and why it still matters today.
Stocks to Buy After the 2020 Presidential Election
The winner of the upcoming U.S. election in the will determine the policies and direction of the country during the next four years. Which stocks stand to do well if President Donald Trump or Vice President Joe Biden wins the election? Here are some to consider in either case.
7 Ways to Prevent Political Arguments With Family & Friends
"There cannot a greater judgment befall a country than a dreadful spirit of division as rends a government into two distinct people, and makes...
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...
Free Trade vs. Protectionism – NAFTA, TPP, TTIP & BIT
The debate about free trade versus protective tariffs (taxes) has raged for centuries. However, it has become especially virulent as industrialized countries lose an increasing...
5 Keys to Civil Political Discussions & Debates With Friends &...
According to Professor Nolan McCarty of Princeton University, it seems that political rancor today has reached heights not seen since Reconstruction after the Civil...
3 Controversial Ways to Improve the Economy & Drive Economic Growth
Since the Great Recession between 2007 and 2009, the global economy has struggled to sustain reliable and long-term growth. This is largely due to...
What Is Conscious Capitalism – Definition, Social Responsibility in Business
The idea that a growing economy benefits all classes has a long history of acceptance. It has been embedded in political rhetoric for the...
Is America the New Rome? – United States vs. the Roman...
The example of the first great republic in recorded history (509 B.C. to 29 B.C.) was omnipresent in the minds of America's founders as they...
Are American Schools Failing? – How to Improve the U.S. Education...
A headline in the December 2013 issue of The Atlantic claimed that American schools compared to the rest of the world - the members...
“United States of Texas” – What America Would Be Like Under...
Few people are aware that, in 2008, Igor Panarin, dean of the Russian Foreign Ministry's academy for future diplomats, predicted that the United States...
