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Author: Mundane Magician

Unfunded Pension Liabilities On The Rise Among States, With No Sign Of Slowing

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

Mundane Magician May 3, 2017 Uncategorized Read more

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

Mundane Magician April 5, 2017April 5, 2017 Uncategorized Read more

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

Mundane Magician March 22, 2017March 22, 2017 Uncategorized Read more

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

Mundane Magician March 1, 2017March 1, 2017 Uncategorized Read more

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

Mundane Magician February 15, 2017February 15, 2017 Uncategorized Read more

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