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Tags Economics

Tag: economics

US Economy Adds Over 250,00 New Jobs In November As Inflation Begins To Slow

The US Economy added 263,000 jobs in November, defying aggressive action from the Federal Reserve to cool the economy and bring down...

US Median Income Hit Record Level In 2019, Census Data Shows

US Median Household Income hit a record high in 2019, and the poverty rate fell, according to a government survey released on...

US Economy Declines Nearly 33% In The Second Quarter Of 2020

The US Economy contracted at a 32.9% annual rate from April through June, its worst drop on record, the Bureau of Economic Analysis said on...

OurWeek In Politics (July 22, 2020-July 29, 2020)

Here are the main events that occurred in Politics this week: 1.Senate Republicans Introduced Coronavirus Relief Package

House Of Representatives Approves New Coronavirus Stimulus Package

On May 15, the House of Representatives passed a $3 trillion tax cut and spending bill aimed at addressing the devastating economic fallout from...

Preliminary “Black Friday” Sales Reports Reveal that Online Sales Brought in a Record $6 Billion in the US

More shoppers turned to the internet for deals to kick off the holiday shopping season as opposed to shopping at traditional retail stores, data...

International Trade & Classic Liberalism

In recent centuries, many different economic theories have emerged to address pressing economic issues facing individual societies and the global economy. Diverse economic theories...

Ayn Rand: Capitalism and Objectivism Manifested in Atlas Shrugged

One of the most significant political theories of the 20th Century is Ayn Rands Objectivism. Rand is known for promoting the philosophical idea of...

“The Elusive Republic” Book Review

Throughout the 1980 book The Elusive Republic: Political Economy in Jeffersonian America, Drew McCoy attempts to explore the competing economic visions in the U.S....

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OurWeek In Politics (January 1, 2025-January 8, 2025)

Here are the main events that occurred in Politics this week: 1. Mike Johnson Narrowly Re-Elected House Speaker

Iran’s Execution Rate Surges In 2024: UN Reports Record Numbers

Iran reportedly executed at least 901 people in 2024, the highest total recorded in nine years and a 6% increase from the...

Congress Certifies President-elect Trump’s 2024 Victory in Peaceful Transition

On January 6, 2025, a joint session of Congress certified President-elect Donald Trump’s victory in the 2024 election, fulfilling a vital democratic...

Mike Johnson Narrowly Re-Elected House Speaker

On January 3, 2025, Congressman Mike Johnson narrowly secured reelection as House Speaker on the first ballot, overcoming resistance from hard-right Republican...