economy

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The Cost of College Today

22 Jun 2023 2 minute read 3 comments WinterYeti $0.36

College isn't cheap. It's not even affordable in many instances. Where higher education in other countries comes free if one's exam scores are high enough to get in, U.S. students get the insult of having to have high scores and then still pay out of...

Inflation & Food Prices

21 Jun 2023 3 minute read 0 comments WinterYeti $0.33

Inflation, the general increase in prices over time, has been a recurring concern for modern economies worldwide, but it is not a new problem. After World War I, for example, inflation was rampant and astronomical in post-war Germany with a natural c...

The Stubborn Longevity of Toyota Trucks

18 Jun 2023 2 minute read 4 comments WinterYeti $0.07

I just got my pickup truck back from the mechanics after some serious work and maintenance that was long overdue. After repairing a leaking head valve, replacing my entire timing belt kit, rebuilding the steering column and a religious oil change, I...

A panoramic of the pension situation

16 Jun 2023 4 minute read 0 comments Enrique Yecier $0.23

One of the main economic issues that societies and governments have to address today are pension and retirement systems. The modification or little purchasing power of the same can give way to demonstrations and even changes in the political conf...

Generation Zs Personal Money Dilemma

16 Jun 2023 4 minute read 2 comments WinterYeti $0.60

Each generation faces its unique set of challenges. In the case of Generation Z, born between the mid-1990s and the early 2010s, it's becoming increasingly clear they face distinct financial hurdles that their parents and grandparents probably didn't...

What the Fed's Interest Rate Decision Really Means in Crypto

15 Jun 2023 2 minute read 0 comments WinterYeti $0.63

In economic terms, it's well understood that the Federal Reserve (Fed) wields significant influence over the economy of the U.S. through its ability to adjust central bank interest rates. By manipulating the federal funds rate, the rate at which bank...

The Disparity of a Rich Country's Healthcare, Lost Productivity and an Inability to See a Glaring Problem

12 Jun 2023 5 minute read 4 comments WinterYeti $0.46

I'm sick today. I've been struggling with a chest cold for the last week, which one day seems to be getting better and the next has me under and grappling to get anything more strenuous than brushing my teeth done for the day. The result is, those da...

France and taxes

7 Jun 2023 1 minute read 0 comments Vladan Lausevic $0.01

A recent report has revealed that the effective tax rate for the wealthiest households in France is regressive, with the top 400 homes paying only 2% of their total revenues in taxes. The study used previously unexplored 2016 administration data to d...

June 6, Not Just Another Day on the Calendar

6 Jun 2023 2 minute read 0 comments WinterYeti $0.12

Have you every wondered about the significance of a date on the calendar, like June 6? Of course, those in the military know that particular date is a huge one. It was the start of the D-Day Operation during World War II and the related beach landing...

Adam Smith retrospective

6 Jun 2023 1 minute read 0 comments Vladan Lausevic $0.02

Adam Smith, the prominent economist, established himself as a leading figure in economic thought with his book "The Wealth of Nations." His ideas influenced subsequent economists such as David Ricardo, Karl Marx, John Maynard Keynes, and Milton Fried...