Trump Goes to War With Puerto Rico

Trump Goes to War With Puerto Rico

Puerto Rico has had a tough go of it lately. Earlier this year, its debt problems spilled over into crisis as public debt reached more than $70 billion, or about 56% GDP. That may sound low in the context of sovereign nations, like the United States itself which has the privilege of printing money, but […]

NFL Players Protest Trump Comments

NFL Players Protest Trump Comments

Donald Trump has turned his ire on professional athletes, calling for NFL owners to fire NFL players who kneel during the national anthem in a profanity-laced outburst to supporters in Alabama. In response, players from the Baltimore Ravens and Jacksonville Jaguars link arms along with staff from the teams. Jaguars owners Shad Khan also joined the […]

Harvey Displaces 30,000 in Texas

Harvey Displaces 30,000 in Texas

In perhaps the most destructive storm in the United States since Superstorm Sandy in 2012, more than 30,000 people are expected to be placed in temporary shelters in the US state of Texas due to widespread flooding caused by Tropical Storm Harvey, US officials said, with more rain expected in the coming days. Brock Long, director […]

Angola Votes as Corruption Probes Weigh on Country

Angola Votes as Corruption Probes Weigh on Country

Angola voted today in an election that will send a new face to the presidency after Jose Eduardo dos Santos held the office for the previous thirty-eight years. Most forecasters expect his chosen successor from The People’s Movement for the Liberation of Angola (MPLA), Joao Lourenco, to win handily. After Angola’s independence from Portugal in […]

Israel and Hamas Exchange Rocket Fire

Israel and Hamas Exchange Rocket Fire

Israeli defense forces retaliated Monday morning and destroyed a Hamas installation in the Gaza Strip. The strike was in response to two rockets that had been fired earlier into southern Israel for which Israel holds Hamas responsible. The communities struck in Israel were Sha’ar HaNegev and Eshkol, although the rockets did not initially appear to […]

The Tax Cut Deception

The Tax Cut Deception

About the Author: Mr. Conrad is a retired college Economics Instructor who is hoping to remove a lot of the confusion, misunderstandings, and myths that surround contemporary economic thinking. Advocates of tax cuts often boast of the economic power and innovation that a system of Capitalism can bring to bear on problems from which all economies suffer so […]

The Cost of Professional Sports

The Cost of Professional Sports

About the Author: Mr. Conrad is a retired college Economics Instructor who is hoping to remove a lot of the confusion, misunderstandings, and myths that surround contemporary economic thinking. Why are professional sports so lucrative to EVERYONE except the GOVERNMENT?  The owners, the players, the media, and sports suppliers everywhere all benefit financially while the government doesn’t.  In […]