While billionaires brag about tax evasion, the highest tax burden as a percentage of income falls on the poorest Americans. The lowest 20 percent of taxpayers pay a tax rate more than 50 percent higher than the top 1 percent of households. This should come as no surprise after the Panama Papers bombshell of 2016…
The Global Ethical and Economic Impacts of Outsourcing
Industrial capitalism has relied on cost minimization through cheap labor since the Gilded Age — it’s now moved overseas where it’s had unsafe, exploitative ramifications in developing nations. The decline in US manufacturing since the 1970s has without a doubt transformed the economic landscape to the detriment of non-college educated American workers. The 14.3 million…
Ban Stock Buybacks Again
Stock buybacks used to be illegal, once considered a form of stock manipulation until 1982 when the SEC passed rule 10b-18 legalizing the practice under Reagan’s failed trickle-down agenda. Over the past 10 years, companies on the S&P 500 have put $5.4 trillion into purchasing their own shares instead of investing in the economy and…
Is the US Headed Towards a Recession?
As supply chains struggle under global health concerns over the spread of COVD-19, many are left wondering whether an economic recession in 2020 is imminent amid the 2,000 point plummet in the Dow, supply-chain disruptions among companies sourced in China, and weakened consumer demand in sectors such as oil and the airline industry. Data on…
The Productivity-Inflation-Wage Gap and the Effects of a $15.00 Wage Floor
If the federal minimum wage had kept up with the 657% increase in inflation and 176% rise in worker productivity over the past 50 years, it would be $21.72. It peaked in 1968 at $11.18 when the cost of a four-year public university was $329.00, according to National Center for Education Statistics, a manufacturing job…
Climate Change Mitigation and The Future of Energy by 2040
Complete climate change mitigation is an alternative forecast that overlooks carbon-reduction solutions such as sequestration and nanotechnology that will be necessary to meet a 27% increase in global energy demand, provide electricity access in developing nations where 1 billion lack electricity and face barriers to renewable energy attainment. On our current baseline trajectory, renewables will…
The U.S.-Created Central American Asylum Human Rights Crisis
Despite previously accepting the most refugees globally, the U.S. has a dark history of denying asylum to those fleeing human rights abuses — from the Jewish refugees in the 1930s, to the Haitians during the Duvalier dictatorship, and Salvadorans fleeing political violence in the 1980s. Many times these crises have been caused by U.S.-led regime…
How to Feed 9.8 Billion Sustainably
By the year 2050, the UN estimates the global population will reach a staggering 9.8 billion. One of the biggest existential challenges facing this population projection will be the 70% rise of food demand. With most growth generating from developing nations, high-yield agricultural solutions based on food technology, sustainability, precision farming, and genetically engineered crops…
Tax Law: How the Wealthy Get Away With Evasion
While billionaires brag about tax evasion, the highest tax burden as a percentage of income falls on the poorest Americans. The lowest 20 percent of taxpayers pay a tax rate more than 50 percent higher than the top 1 percent of households. This should come as no surprise after the Panama Papers bombshell of 2016…
The Global Ethical and Economic Impacts of Outsourcing
Industrial capitalism has relied on cost minimization through cheap labor since the Gilded Age — it’s now moved overseas where it’s had unsafe, exploitative ramifications in developing nations. The decline in US manufacturing since the 1970s has without a doubt transformed the economic landscape to the detriment of non-college educated American workers. The 14.3 million…
Ban Stock Buybacks Again
Stock buybacks used to be illegal, once considered a form of stock manipulation until 1982 when the SEC passed rule 10b-18 legalizing the practice under Reagan’s failed trickle-down agenda. Over the past 10 years, companies on the S&P 500 have put $5.4 trillion into purchasing their own shares instead of investing in the economy and…
Is the US Headed Towards a Recession?
As supply chains struggle under global health concerns over the spread of COVD-19, many are left wondering whether an economic recession in 2020 is imminent amid the 2,000 point plummet in the Dow, supply-chain disruptions among companies sourced in China, and weakened consumer demand in sectors such as oil and the airline industry. Data on…
The Productivity-Inflation-Wage Gap and the Effects of a $15.00 Wage Floor
If the federal minimum wage had kept up with the 657% increase in inflation and 176% rise in worker productivity over the past 50 years, it would be $21.72. It peaked in 1968 at $11.18 when the cost of a four-year public university was $329.00, according to National Center for Education Statistics, a manufacturing job…
Climate Change Mitigation and The Future of Energy by 2040
Complete climate change mitigation is an alternative forecast that overlooks carbon-reduction solutions such as sequestration and nanotechnology that will be necessary to meet a 27% increase in global energy demand, provide electricity access in developing nations where 1 billion lack electricity and face barriers to renewable energy attainment. On our current baseline trajectory, renewables will…
The U.S.-Created Central American Asylum Human Rights Crisis
Despite previously accepting the most refugees globally, the U.S. has a dark history of denying asylum to those fleeing human rights abuses — from the Jewish refugees in the 1930s, to the Haitians during the Duvalier dictatorship, and Salvadorans fleeing political violence in the 1980s. Many times these crises have been caused by U.S.-led regime…
How to Feed 9.8 Billion Sustainably
By the year 2050, the UN estimates the global population will reach a staggering 9.8 billion. One of the biggest existential challenges facing this population projection will be the 70% rise of food demand. With most growth generating from developing nations, high-yield agricultural solutions based on food technology, sustainability, precision farming, and genetically engineered crops…