A Proposal To Fund Education Through Increased Estate Taxes
Happy Sunday,
Hope you’ve been enjoying a fantastic weekend so far. What better way to cap off your weekend than exploring detailed topics in business and economics?
Have a topic you’re interested in hearing about? Let me know in the comments.
Tax the Rich & Give to the Teachers
As the 2020 presidential campaign heats up, many of the candidates are beginning to releasae detailed policy proposals on key issues. California Senator and Democratic presidential candidate, Kamala Harris recently put forward a proposal to give teachers a $13,500 over a 4-year period. How would she pay for it and is it a good idea?
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What is Keynesian Economics?
Keynesian Economics refers to a school of thought that believes government intervention is necessary to maximize economic output. Keynesian economics was developed by the British economist John Maynard Keynes during the great depression.
In this article, I review Keynesian economics and give you my take on why Keynes would have hated the Financial Independence Retire Early (FIRE) movement.
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Is Stagflation Coming?
A country is said to be experiencing stagflation when it is experiencing low levels of economic growth, high levels of unemployment and high levels of inflation. This is where the term “stagflation” comes from, it refers to a situation of a stagnant economy and high inflation.
With the possibility of further tariffs and the federal reserve lowering interest rates, a period of stagflation may be just around the corner.
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If you are a money nerd, make sure to check out all the great work over at Making of a Millionaire and be sure to subscribe to my YouTube Channel
Have a great week!
