Archive for Economics

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Are online brokerages hurting the stock market?

Ever since online stock brokerages like E*TRADE started to show up in the mid-1990’s, the stock market has almost turned into a form of gambling. A few years later in 2000, the market plummeted because tech stocks were overvalued.
Everybody was talking about stocks back then, and rightfully so. The technology sector was booming […]

Popularity: 27% [?]

Disease can’t go on strike; why can doctors?

Anybody familiar with the US medical system would completely support New Zealand’s junior doctors in their recent strike. After all, American resident physicians (our counterpart to the Australian “junior doctor”) are overworked (recently, the government limited the work week to 80 hours) and underpaid (~$40,000/year) despite the fact that they’re licensed physicians. They […]

Popularity: 27% [?]

Immigration - the key to economic success?

Which comes first in a country: the immigrants or the economic success?
It’s like the chicken-and-egg paradox. If there was no promise of success, then immigrants wouldn’t come; meanwhile, if there were no immigrants, there wouldn’t be enough people to succeed (in cosmopolitan countries like the US). Of course, there are exceptions to the […]

Popularity: 25% [?]

Happy Tax Day

Today is the day that many Americans will rush to the post office to get their taxes filed right at the deadline. Personally, I got a refund this year from the federal government, but I owe a couple of hundred dollars to the state government… which means that I filed my federal taxes early […]

Popularity: 5% [?]

The American Dream

The spirit of the American Dream is dying and I think we should save it… maybe even try to spread it around the world (read the first paragraph of this article if you don’t know what the American Dream is).
The traditional American success story is, by no means, extinct. But the more I […]

Popularity: 8% [?]

Australia: The Next Big Thing

In the past 100 years, the US has established a reputation as one of the world’s best places to live. The best way to gauge this is by the fact that the US is the first choice for potential migrants in India, China, and all over the world. The obvious reason is that we […]

Popularity: 12% [?]

Land of the Free

We hear a lot of propaganda aimed at convincing the American people that Arabs are evil, the war is justified, and America is the best thing that ever happened to the world. Some people believe it all, and some people (i.e. the people who are probably reading this) believe none of it… but did […]

Popularity: 7% [?]

Culture clash… or propaganda?

There’s a fact that I’ve always taken for granted; recently, I learned that it’s not common knowledge. It was always so obvious to me that I started to wonder why most people don’t know this.
Did you know that the Middle East is generally impressed with Western culture? People often think that the anti-American […]

Popularity: 6% [?]