Economics

The US has more than $31 trillion in national debt. The debt ceiling — or the most the government can borrow from banks, investors, and foreign countries — has been raised more than 70 times. If the debt ceiling is breached, the federal government will be unable to pay its bills or interests on past debts; cover Social Security checks, payroll for veterans and federal employees; and Medicare reimbursements — leading to default. If that happens, a financial crisis may occur with global implications. Supporters in favor of abolishing the debt ceiling say it is counterproductive, leads to political drama,…

June 2, 2023
June 2, 2023

Should Congress Abolish the Debt Ceiling?

The US has more than $31 trillion in national debt. The debt ceiling — or the most the government can borrow from banks, investors, and foreign countries — has been raised more than 70 times. If the debt ceiling is breached, the federal government will be unable to pay its bills or interests on past debts; cover Social Security checks, payroll for veterans and federal employees; and Medicare reimbursements — leading to default. If that happens, a financial crisis may occur with global implications. Supporters in favor of abolishing the debt ceiling say it is counterproductive, leads to political drama,…

Does the Effective Altruism Movement Get Giving Right?

Effective altruism is a philosophical and social movement that encourages people to ask themselves how they can most benefit others and do good through an evidence-based approach to charity. Over the last decade, it has influenced billionaires…
Public Release Date
August 9, 2024

Does Taylor Swift Deserve Her Billion Dollar Fortune?

Taylor Swift's billionaire status stands out among her financial peers from the business community who are often scrutinized for their extreme wealth. Swift became a self-made billionaire because of her unparalleled talent, relentless work ethic, and passionate…
March 15, 2024

Should We Address the Gender Wage Gap?

American women are, on average, paid 84 cents for every dollar men make, according to the Department of Labor. This wage gap has persisted despite near-record rates of women’s participation in the labor market, with…
March 8, 2024

Is the American Dream in Decline?

The American Dream – the idea that anyone, regardless of where they were born or what class they were born into, can achieve success in the U.S. through hard work and determination – is under scrutiny.…
January 19, 2024

Does Economic Growth Cost Too Much?

High economic growth, often measured by GDP, is a central goal of many nations and economies. However, some scholars and policymakers are questioning how sustainable and desirable relentless growth is. They propose alternative models like "green…
October 20, 2023

Should Ukraine Get Russia’s Frozen Assets?

After the Russian invasion of Ukraine, a series of economic sanctions were imposed on Russia by multiple countries, including the US and the European Union. These sanctions targeted Russian individuals and entities, along with finance,…
September 19, 2023
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