Dreams of lucrative real estate investing for modern Americans are frequent, but realization is rare. Real estate and land of all types are predominantly illiquid assets as buying a house and land has been the “cornerstone” for the American Dream.
The Downward Spiral of the Euro: Milton Friedman’s Economic Prediction to the World
The proclaimed European Union with its 28 different governments and centralized singular monetary system will have the toughest year in its 24 year existence. The history and development of the European Union has influenced balance between the western and eastern
Implementing Taxation on Automation
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
GDP and Unemployment: All-time Low and Relative Low in 2016
A recent phenomenon occurred in the summer of 2016; economists and statisticians everywhere were shocked to learn that Gross Domestic Product (GDP) fell below zero. In a statistical mindset, this is unbelievable given that in quarter one of 2016 America’s
Is Health Insurance a Normal Good? And How Will Consumption of Tobacco Effect the Purchase of Health Insurance?
2015 data gathered by the Bureau of Labor Statistics, suggests that consuming tobacco products may in fact decrease the purchase/consumption of Health Insurance, holding other variables constant. Engel Curve Estimation