One of my previous posts detailed the advantages of the United States adopting an unconditional or universal basic income (UBI). Within that post I only briefly mentioned the cost of implementing a basic income, which I will address more in
Marx and Modern Capitalism
Karl Marx is not exactly an oft-discussed figure in economics anymore. The collapse of the Soviet Union and other nominally communist countries has led to Marx becoming an after thought in economic discussion. Is spite of this, Marxism is still
UBI is Good for You and I
The fight against poverty in America has led to the creation of a welfare system that consists of many different programs. Welfare programs are complicated and have not done enough to alleviate poverty. A potential solution to this is a
Inequality in Historical Context
Income and wealth inequality is consistently a central topic in the news and political discourse. Recently, an Oxfam report came out indicating that the world’s eight wealthiest people hold more wealth than fifty percent of the world. This report included
Relationship between Honda Civic sales and Income
For this estimation of an Engel Curve, I wanted to use a good that was not clearly a normal or inferior good. For this purpose, I used monthly Honda Civic sales since 2010 as my dependent variable. To estimate income,