Help Me--and the U.S.--Define Poverty
We know our Official Poverty Measure (OPM) is wrong, but we still use it to redistribute $2.9T. Poverty is about well-being : does a person have enough resources to reach a basic standard of living? Add up what they have—earnings, assets, and benefits—subtract the costs of life, then somewhere along that continuum we draw a line in the sand, "Anyone below this line is poor", we decry. As you can imagine, there're thousands of ways to do this, making it stranger that we don't
A Weak Dollar: $omething or Nothing?
A weakening dollar has me asking whether it's business as usual or the end of our World Order. If each country were a theme park , its...
Wages Are Higher Than Reported
Bernie, your convictions are beyond reproach, but your economics...let's talk. First off, thanks for calling attention to inflation's...
