By Kevin Judge | August 12, 2018 Now that New Jersey has legalized sports betting, what will happen to your friendly neighborhood bookie? The so called “numbers rackets”, illegal lotteries , was once a cash cow for organized crime but were driven out of business by State lotteries. As government blessed sportsbook spreads across the… Read More »
By Kevin Judge | August 11, 2018 Attempts to ban consumer products have inconsistent and often unsatisfactory results. Bans can influence supply and demand by limiting availability and increasing costs, there may still be demand at the price of acquiring the item illegally. Demand can be a hard thing to reduce and suppliers will emerge… Read More »
By Jerry Davis | August 10, 2018 On Aug. 2, Apple became the first U.S. public corporation to achieve a US$1 trillion valuation, making it the largest company in the world – by one measure at least. A New York Times article proclaimed that this milestone “reflects the rise of powerful megacompanies” that control a… Read More »
By Gregory C Mason | August 9. 2018 Social and anti-poverty activists have greeted the dumping of Ontario’s basic income pilot project with the usual lamentations. These critics of the new Conservative government argue the funds allocated to the project is a pittance compared to the costs of poverty, and we have missed out on learning about… Read More »
(NewsUSA) – Nearly half of U.S. high school students say they do not know how to establish good credit and more than one-fourth believe they will be unprepared to manage their finances upon graduation. This is according to recent research that reveals a lack of financial literacy among American youth. But teachers and schools can… Read More »
By Kevin Judge | July 27, 2018 Economist Arthur Laffer’s “Laffer Curve” became a foundational principal of the so called “Supply Side Economics” embraced by conservatives in the 1970’s and 80’s. With a name like Laffer Curve, the jokes write themselves. That’s how liberals and liberal economists treated it, as a joke. At the time,… Read More »
By Amitrajeet A. Batabyal | July 26, 2018 Rochester Institute of Technology There appears to be a cease-fire in the trade war brewing between the U.S. and the European Union. After a meeting at the White House between U.S. President Donald Trump and EU Commission President Jean-Claude Juncker, the two leaders declared a temporary truce… Read More »
By Kevin Judge | July 25, 2018 If Trump is in Putin’s pocket, he has a funny way of showing it. The announcement yesterday that the European Union will purchase $150 Billion in American Natural Gas was hardly good news for the former KGB officer. Every penny comes out of the pockets of Putin and… Read More »
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 »
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 »