Illegal drugs are an enormous problem in modern society. Humans have been using drugs for thousands of years, before present-day government structures existed. This was often done for medicinal or shamanistic purposes. But today, governments around the world have rendered
A Thriving World Guided by David Ricardo
Humans have been trading goods with each other for a long time, and comparative advantage makes it beneficial to do so. David Ricardo saw these benefits when he stated “This pursuit of individual advantage is admirably connected with the universal
Why Taxes Should Be Decreased
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
The Unemployment Problem Facing Millennials
Millennials in the United States are facing a number of problems at this time, and unemployment is at the center of it. Having a high unemployment rate is bad for the nation as a whole, so if something can be
Engel Curve for Ethanol Consumption and Income
For this assignment I used per capita real disposable personal income from FRED as my measure of overall income for the United States. The good that I decided to examine is total alcohol consumption per capita, measured in gallons of