Financial Willpower
The amount of energy available in the brain to exercise self-regulation and resist temptation is a limited resource. When the account runs out, well… you know the kind of decisions you make.
The amount of energy available in the brain to exercise self-regulation and resist temptation is a limited resource. When the account runs out, well… you know the kind of decisions you make.
The average factory-farmed frozen turkey from a grocery story is sold for as little as $0.67 per pound. Economics can offer five explanations.
Unless McConnell is willing to risk a government shutdown, he will ultimately have to acquiesce to Obama’s wishes.
There are thirteen states so far. Does your state allow them?
Last year plans were being cancelled. This year, citizens are receiving notifications of rate hikes in the double digits. Is this really happening?
We e-mailed all the senatorial candidates inviting them to be interviewed on our blog. Of all the candidates, Robert Sarvis, the Libertarian 2014 Virginia Senatorial candidate, was the only one to respond.
The lottery is based on the most powerful way to motivate people and change their behavior: a variable reward in response to a specific behavior.
The classic conversational pastime of answering the question, “What would you do if you won the lottery?” could help you or it could hurt.
Government-run lotteries have a sordid and monopolistic past. Should we enforce a separation of sin and state?
The Whiskey Rebellion established the sovereignty of “we the people” to tax and oppress any selected group.
Exchange funds, also know as swap funds, can provide investors with one highly appreciated security a way to trade it for an equivalently valued but more diversified portfolio.
There are five ways that both you and the government could make charitable giving more significant.
We must return, as much as possible, to a fee-for-service approach to health care and restore the traditional doctor-patient relationship.
We can only afford to allow others the freedom to strive against death when we are not trying collectively to subsidize it.
“Shouldn’t patients and their families have some skin in the game as a brake on the profligate spending of other people’s money for health care?”
Next time you receive an unintelligible medical bill, remember how hard it is for your doctor to get paid.
Asians in New Jersey have the best life expectancy of any racial or ethnic group.
Now there is absolutely no charge for a costly set of test and procedures on the all-you-can-spend preventive care buffet.
After the birth of my (David’s) first child, my wife and I noticed we were being billed for a very expensive bedpan and box of tissues that we had never used.
Why shouldn’t we just institute price controls in America?
These quotes are provocative for what they say about us as Americans.
“When institutions protect the liberty of individuals, greater prosperity results for all.” – Adam Smith
If you are not paying for the product, you are the product.
Someone has to be proactive about your child’s retirement and every year you don’t open a retirement account is another year you’re holding back compound interest.
Government has never been known for customer service. But today it is known primarily for being against the very people it is supposed to serve.
Michael Kirsch, a practicing physician and newspaper columnist, laments that there are questions he can never answer satisfactorily for his patients. His questions are central to the public policy debate increasingly being decided by voters and politicians rather than physicians and economists.
Beware of government regulation, especially when a portion of the industry thinks it’ll be good for business.
We are all embarrassingly honest with search engines.
Those who stand by and do nothing are complicit in aiding the loss of freedoms for others.
“We don’t have concentration camps and political dissidents and large numbers being hauled into prison because we don’t need that because we have effectively put prisons inside people’s minds.”
The capital gains tax traps wealth in an investment vehicle requiring special techniques to free the capital without penalty.
Now you may pay one of at least four different capital gains rates. The strategies to deal with capital gains differ for each level.
Learn how a family of four can qualify for a full subsidy with an income of $140,000 a year.
Could this scheme from Mr. Money Mustache change your budgeting strategy?
Unlike the markets, members of the Fed are able to make decisions that are in exactly the wrong direction if they don’t limit themselves with a rules-based system.
With as little as $25 you can begin loaning money to developing world entrepreneurs.
Without taxes, you could leave your job every day at 2:34 p.m
The U.S. dollar was first regulated by the Coinage Act of 1792 and prescribed as 371.25 grains of pure silver. The eagle, worth $10, was 247.5 grains of gold. One cent, worth a hundredth of a dollar, was 24 grains … Read More
Members of the Federal Reserve openly admit it is not a federal agency.
Quantitative easing is a sneaky way to make everyone dealing in U.S. dollars pay off the U.S. debt.
Even as recently as 2007, banks were paying 4% interest. Now you have to go to the hundredth decimal before you find your interest rate.
In its simplest form, the government prints money and uses the newly printed currency to fund government spending.
To comply, most firms must archive and report massive amounts of information. Here are five of the more interesting regulations.
The president’s hope to restrict the plans should actually make owners more interested in creating one.
Which part of the conservative party appeals best to you: promoting the welfare of big business, legislating morality or advocating personal freedom and responsibility?
Social Security withdrawals have enslaved workers to depend on government largess when they could have been independently wealthy.
The economics of the job market are complicated, and an executive order can’t grant America a higher wage.
Willful violations of ERISA legislation carry criminal penalties of up to a year in prison for the plan sponsor and a fine of up to $100,000 for the corporation.
Both authors claimed there were errors in our article all the while agreeing with our assessment of the unemployment numbers.
We actually underreported the portion of jobless Americans. It did not include the people who are represented in the unemployment rate.