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Not true, the study references both low skill and high skill jobs. Not to mention there's corporate taxes and other revenues that the government receives that they wouldn't otherwi…

In economics, "free trade creates additional wealth for all involved" is closer to consensus among economists than is "the Earth is warming" is among climatologists. Except for, yo…

The legendary Bill Hicks: https://www.youtube.com/watch?v=aMN8REGJXaA

It doesn't, it's a misconception. You see often enough companies hiring H1-B's, have their American equivalents train them, and then fire the American workers.

Ahh, you're going for that anti-advertising market, that's a good market! Very smart. A lot of people are anti-advertising right now - it's a huge market.

Many proponents of free trade argue that we should be pro free trade because it benefits the poor people in places like China. The OP is referring to that argument. As for why this…

Because a Californian individual and a California based company pays federal taxes which leads directly to a more stable financial situation for the country you live in, not to men…

Funny, there's other products like cars throughout the years that were manufactured entirely in America and amazingly most people could afford to buy them - not just the 1%. The id…

This paper shows how there's negative affects from free trade with China, and your conclusion is "oh it was negative with China, but all those other free trade deals were positive"…

Except that even the Fed now admits that HFT's only add liquidity precisely when it's least beneficial (when nobody needs it) and reduces it when it's needed. Don't buy into the HF…

You have to be very careful with laws like this where a human has to sit and evaluate the societal benefit of one business over another. Tons of unintended, and potentially very ne…

The vast majority of billionaires are people whose names and actions, entrepreneurial or not, none of us know. Just because you can name a handful of successful rich businessmen ov…

Remember that most of SpaceX's core technology was literally given to them by NASA, and on top of that they're getting guaranteed contracts by the government (i.e. the dreaded gove…

The current consensus among economists is that increasing inequality will lead to disaster for the entire economy, while decreasing inequality actually increases growth. Sure, you'…

Here are four - Era Dabla-Norris ; Kalpana Kochhar ; Nujin Suphaphiphat ; Frantisek Ricka ; Evridiki Tsounta. They work at a little organization called the International Monetary F…

You mean tea-bagging your passed out co-worker at the Christmas party is not appropriate?

It does, but how much of that comes down to lobbying. I wonder who was pressuring Obama to not approve Keystone, and who also happens to own a ton of railways that transport oil?

Well, here's the NY Fed explaining why they think it's bad: http://libertystreeteconomics.newyorkfed.org/2015/10/the-liq...

The SEC has been very recently and selectively cracking down on excessive order cancelling though, so it's not clear that it's not illegal and is "just being smart with their order…

For what? LOL Even Ben Bernanke says we should have jailed banking executives after 2008. In case you're not being purposefully obtuse, you can watch about how the reams of evidenc…

When one compares it to other crimes that not only go unpunished, but rewarded, this particular crime is comparatively insignificant - thus the "more or less". I trust in the after…

Unless you're a banker, in which case you don't spend any time in jail, and you're given trillions in bailouts funded by the taxpayer.

You're 100% right. There are some costs to the company to clean up after what happened. However, I think people are correctly wondering why we live in a society where a more or les…

Sure, he's responsible. But he deserves a month in jail, at most.

The Economist will be following up this exposé with another one next month showing how people use seat belts in cars so they avoid injuries.