Topic Category: U.S.

French economist Thomas Piketty’s best-seller Capital in the Twenty-First Century has given widespread attention to the rising gap between the world’s rich and poor, and to populist calls for government action that lead to more equal distributions of income and wealth. That rhetoric, however, overlooks the reality that any major state role in leveling income-wealth differences risks eroding economic freedom, which is the true engine of economic progress for all people.

Topic: U.S.
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On Christmas Eve 1968, NASA astronaut Bill Anders, orbiting the moon on board Apollo 8, took the first photo of Earth rising over the horizon of another celestial body. Known as Earthrise, that photo is widely regarded as one of the most iconic photos of the 20th Century and is believed by many to have been the impetus for launching the environmental movement.

Topic: U.S.
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While many people around the world are counting America out, I'm not one of them. My message to America: it's time to re-establish ourselves as a global powerhouse of trade and industry. That includes the creation of millions of good-paying jobs, a sound energy policy, access to capital for small business and, most of all, embracing one powerful tenet: America must believe in itself again.

Topic: U.S.
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Google just dodged a bullet. But their Achilles heel still can be exposed by the European Union’s monopoly litigation. Ninety five percent of Google’s revenue comes from Ad Words. They are a brilliantly successful revenue generator. The profit in Ad Words comes from Search. However, this amazing revenue generator is also Google’s Achilles heel.

Topic: U.S.
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As expected, the dramatic drop in crude oil prices is having a deep impact on the American Oil industry. As prices for Brent Crude dropped to $44.13 on January 13th, daily industry reports began to reveal the bleak picture for producers and related companies. Despite prices seeming to recover and level off around the $60 range throughout February, the reports of losses, layoffs, and CAPEX cutbacks continue.

Topic: U.S.
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As a Silicon Valley entrepreneur, I, like everyone else working here, is cheering that we are finally going to get Net Neutrality. The question I have is this: why do Silicon Valley businesses, companies that depend heavily on the internet, care so much about Net Neutrality, and why is Fox News and many vocal republicans, so adamantly against it?

Topic: U.S.
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The new Congress has come ready with some fresh ideas for immigration reform. Freshman Republican Sen. Cory Gardner, R-Colo., said in a recent interview, “We have to start with a secure border, we have to start with a guest worker program.” Gardner is right to link border security with a guest worker visa program. The former cannot be achieved without the latter.

Topic: U.S.
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The lame-duck Congress suffered through its usual year-end brinkmanship before avoiding a government shutdown. Horrors! What would people do if politicians weren’t able to legislate, regulate, and dictate in the “public interest”? The traditional notion of government is that the state does for us what we cannot do for ourselves. That’s typically seen as the framework of a free society — police, courts, defense, health and safety, “public” goods which otherwise wouldn’t be provided.

Topic: U.S.
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One of the defining economic events of 2014 has been the dramatic decline in crude oil prices over the last six months. Prices have fallen 45 percent to their lowest levels in 5.5 years. This precipitous decline, which was unexpected as oil prices stabilized around $100-$110 a barrel during the three years prior to mid-2014, will have global, political and economic ramifications for consumers, governments, industries and central banks.

Topic: U.S.
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A number of factors are putting downward pressure on the American economy. At the same time, various trends are giving economic growth a boost. This interplay, which often is reflected in the stock market’s level of volatility and vast swings, has left many confused and unsure of what’s next. Surprisingly, a number of driving factors and trends reveal much about where we are headed.

Topic: U.S.
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