The Wealth Tax Made Clear

Bruce L. Gordon, Ph.D. Wealth Tax in Plain English What would it mean for the government to impose a wealth tax? In the broadest sense, a wealth tax is imposed on everything that you own. Such taxes are often reserved for those the government deems to be “wealthy.” This can be an individual or a […]

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How to Manage Money Effectively

“The way to wealth is as plain as the way to market. It depends chiefly on two words, industry and frugality: that is, waste neither time nor money, but make the best use of both. Without industry and frugality nothing will do, and with them everything.”  Benjamin Franklin The Financial Literacy Problem in America  Despite […]

41 min read

How To Get Your First Credit Card

Building Financial Success: Why Should You Care about Credit Cards?  Credit cards–who needs them? While various schools of thought offer different approaches to answering this question, we believe that credit cards are virtually undeniable as a resource of modern finance, and represent an excellent tool for building financial wellbeing in general.  In this guide we […]

31 min read

The Infinitely Fast Penny

Imagine a world in which money abounds but people are too fearful to spend it. Thinking that things can only get worse, they hold onto it for a worse emergency than the present distress. In consequence, even though there’s a lot of liquidity, very little gets spent. This is a deflationary scenario, and it doesn’t […]

5 min read