Are Foreign Nurses in U.S. Healthcare’s Future?

There has been much debate over the past several years regarding the current nursing shortage. The statistics are grim: the current shortage is projected to double to around 12% by 2010 and to quadruple to 20% by 2015. By 2020, it is expected that the shortage will amount to 800,000 . . . → Read More: Are Foreign Nurses in U.S. Healthcare’s Future?

Positive Economic Impact of Same-Sex Marriages

Forbes magazine estimates that if same-sex marriage were legalized across the United States, the weddings would generate $16.8 billion in spending during the first several years. In 2008, the total buying power of the U.S. gay, lesbian, bisexual and transgender adult population is projected to be about $712 billion. Same-sex couples are less likely . . . → Read More: Positive Economic Impact of Same-Sex Marriages

Hoping the Brakes Will Grab: Australia’s Uncontrollable Growth

Australia finds itself in an enviable situation. While many of the world’s economically developed nations are slowing down, Australia is speeding so fast it’s going to have trouble stopping.

Over the past two years the growth in the Australian economy has been phenomenal, mostly due to skyrocketing commodities. Fully 17% of Australia’s economy depends . . . → Read More: Hoping the Brakes Will Grab: Australia’s Uncontrollable Growth

The War on Drugs: It’s Time to Surrender to Economic Reality

The question of drug legalization is not part of the political debate in the United States. The resounding consensus among America’s governing class is that it would be insane to legalize or decriminalize even marijuana, let alone “hard” drugs. Many of these drug-warrior politicians admit to prior use of illicit drugs, and yet they . . . → Read More: The War on Drugs: It’s Time to Surrender to Economic Reality

Will Your Bank Fail? What You Need to Know About FDIC

The recent failure of IndyMac bank came after a week of constant reassurance from its corporate handlers that everything was fine, really, just fine. Then, on Monday, July 14, after a harrowing weekend spent scrambling for solutions to the Fannie Mae and Freddie Mac mess, George Bush went before press conference cameras to reassure . . . → Read More: Will Your Bank Fail? What You Need to Know About FDIC

An Austrian Economist in the U.S. Senate?

Since I wrote my most recent article about the economic and fiscal views of the “third-party” presidential candidates – Ralph Nader, Cynthia McKinney, Chuck Baldwin, and Bob Barr – I thought I’d use my blog to highlight a U.S. Senate candidate with an Austrian economics-friendly platform. His name is Scotty Boman, and he’s a . . . → Read More: An Austrian Economist in the U.S. Senate?