Today, nearly all state and local pension plans are unfunded. According to the Public Fund Survey, “of 126 state and local pension plans, which account for about 85 percent of pension assets and participants in state and local pension plans
China’s Cost of Pollution And Children Limitations, A Tragedy Of The Commons?
William Forster Lloyd first introduced “the tragedy of the commons about unregulated grazing” on common land. A century later, Garrett Hardin changed the scope of “the commons” to include regulated land and air beyond just open access areas. The tragedy
Why Not Continue Watering the Roots of Economic Growth Nationwide
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
Welfare Benefits, The New Minimum Wage? Federal minimum wage is set at $7.25 per hour, with several American and policymakers advocating for an increase. Many believe this is not enough to support a household, and put families below the poverty
Relationship between Real GDP per capita and Gambling using Commercial Gambling and Lottery Sales
For my Aggregate Engel Curve assignment, I ran OLS test to see if National Real GDP per capita has a significant impact on consumption spending of gambling. I was originally going to use a cross sectional data analysis, but gambling