Americans in every U.S. metropolitan area experienced economic prosperity in 2018, according to a recent report from the Bureau of Economic Analysis. For the first time in 26 years, no metro area... Read more »
The first data from an experiment in a California city where needy people get $500 a month from the government shows they spend most of it on things such as food, clothing... Read more »
With an early retirement craze taking hold in the US, you'd probably be in the minority if you haven't wondered, How much money do I need to quit my job and never... Read more »
When it comes to tax, Americans get an F on many basic personal finance questions about federal income tax returns. As the 74,608-page-long federal tax code getting longer and more complex, the... Read more »
According to Finnish Trade Union Economist as reported on Bloomberg, “Finland’s basic income experiment is unworkable, uneconomical and ultimately useless. Plus, it will only encourage some people to work less.” The trade union argues... Read more »
If robots and machine intelligence threaten to render many white-collar jobs obsolete, then what will people do for money? Enter the concept of a ‘universal basic income', a flat sum paid to... Read more »
Bloomberg Business reports that 32 of the 35 districts in which inequality is greatest are represented by Democrats. Clearly, extreme inequality correlates strongly with Democratic political representation. Bloomberg Rankings, drawing on U.S. Census... Read more »
Based on the Internal Revenue Service’s database, Financial Samurai write an excellent article about how much the top income earners make. To be the 1% one needs to make $380,354, and to be... Read more »
