NJ Lawmakers Stay Stuck on Stupid!

By Kevin Judge | July 23, 2018 I recently compared the July Budget in NJ to Einstein’s definition of crazy, doing the same thing over and over but expecting different results. For the umpteenth time in my lifetime, we were told that the solution to a budget crisis was to raise taxes. This time, it… Read More »

Are All These Environmental Issues Depleting People’s Wallets?

By Arnold Nadler  |   July 22, 2018 I sincerely deem that saving our planet is a good thing! It would be great if pollution, water, and things like those polar ice caps were not compromised anymore. From my perspective it seems to have turned into a money grab for business and government alike. Do you believe we’re making… Read More »

Alexis De Tocqueville

By Martin Hahn  |   Submitted On July 22, 2018 French sociologist as well as political theorist Alexis de Tocqueville (1805 1859) traveled to the United States in 1831 to learn its prisons and returned with a wealth of broader observations that he codified in “Democracy in America” (1835), probably the most important publications of the 19th century. With… Read More »

Want Socialism? Demand Capitalism!

By Kevin Judge | July 21,  2018 Capitalism and Socialism seem like opposites, not likely to be compatible. Socialism focuses on the distribution of wealth in society by state direction. Capitalism emphasizes the creation of wealth by private citizens. We often here criticism that Capitalism results in income inequality and disparities in living standards. We… Read More »

Why trade wars can be perilous: 5 essential reads

Bryan Keogh and Nicole Zelniker( The Conversation) | July20, 2018 Depending on whom you ask, the odds of the United States winning its trade war with China and the rest of the world is either probable, possible, unlikely, out of the question or irrelevant. Economists generally agree, however, that American consumers and most companies will be hurt, particularly… Read More »

Youth Learn the Dollars and Cents of Agriculture this Fair Season

(NewsUSA) | July 18,2018 For students around the country, summer vacation may be in full swing, but for many, that hasn’t kept them from learning – especially those interested in a career in agriculture. For the sixth consecutive year, National 4-H Council has partnered with CME Group, the world’s leading and most diverse derivatives marketplace, to… Read More »

Monetarism in Economics

 By Martin Hahn  |  July 17, 2018 Monetarism is actually a set of views depending on the perception that the entire sum of money in an economy is actually the main determinant of economic development. Monetarism is directly linked with economist Milton Friedman, who argued, dependent on the amount concept of cash, that the federal government must maintain… Read More »

Robust Economy? Headwinds Blow Hard Against It!

By Kevin Judge | July 16, 2018 The US is enjoying an economy that promises to grow at rates not seen in decades, with the prospect of low unemployment and rising wages. Before we pop the Champagne corks, there are economic headwinds blowing that will certainly slow the economy. In a worst-case scenario, they could… Read More »

God’s real profession

An economist, a philosopher, a biologist, and an architect were arguing about what was God’s real profession. The philosopher said, “Well, first and foremost, God is a philosopher because he created the principles by which man is to live.” “Ridiculous!” said the biologist “Before that, God created man and woman and all living things so… Read More »

How Artificial Intelligence will change the economy in the next 5 years

Amit Tawari| July 15, 2018 Despite worries of a Skynet- or Hal 900-like artificial intelligence rising up against humanity, AI is becoming a part of our everyday lives. This is particularly true of the business sphere. Many firms already use AI algorithms to process big data and automate simple tasks. And the trade dispute between… Read More »