Welcome to this site, the official site of Economics 488, Senior Capstone Seminar in Economics, at James Madison University. This site will demonstrate the upper blogosphere in economics, with contributions coming from students and the class instructor.
Poverty is a continuing problem in our nation today and needs to be focused on to help those in need. Congress and the White House realize this and are constantly proposing policies that are supposed to combat poverty. An idea
Since the recent global recession, concerns have increasingly risen about the amount of outstanding U.S. national debt. Congress has been consumed by conflict over this issue, leading to government shutdown and contributing to partisan divide and political gridlock.
ADVOCACY FOR REVENUE/TAX TRIGGERS ON THE STATE LEVEL On March 16, 2017, Virginia Republican governor candidate Ed Gillespie proposed a tax reduction plan. He claimed that his tax cutting plan would save $1,300 per average Virginian household, and create 50,000
Quartz, a digital news outlet for business people in an ever-changing globalized world, recently interviewed Microsoft founder Bill Gates. Among any conversation with Bill Gates, he insightfully responded to an array of questions from the interviewer. Most controversially, Gates stated
Marijuana legalization has made rapid progress over the years. It has become decriminalized for medical use in 28 states plus the District of Columbia, and is recreationally legal in 8 of those. However, it is still illegal on a federal
The new year brought a new, and higher, state minimum wage in 19 states due to the inaction of the Federal government to raise the federal minimum wage. The last time the federal minimum wage changed was in 2009, when
Most people have never met anyone who enjoys paying taxes, and a great many individuals strongly dislike them. Granted, it is important for there to be some degree of taxes, as they provide a good source of income for our
On March 15, 2017, the Federal Reserve choose to increase interest rates as part of a series of increases for 2017 and 2018. According to Jonathan Spicer of Reuters, the purpose of such a move by them was two match
Estate and inheritance taxes have been widely disputed throughout history, and their position in American tax code has fluctuated dramatically since their introduction. Initially, the estate tax levied a 10 percent tax on estates larger than $5 million. That
The EPA has long been an organization up for debate – whether it truly protects the environment, or if it inadvertently discourages growth. It is a trivial topic with support for both viewpoints. Advocates for limiting the EPA in size