Ancient Adult Beverages

People have been drinking alcoholic beverages for a very long time. Recently, a team of researchers found evidence of large-scale wine making in 6,000 BC—in clay vats big enough to hold 400 bottles of wine, in the Caucasus mountains in the modern nation of Georgia. The grapes came from vitis vinifera, the only grapevine species […]

Multiplying Disasters

Does it seem to you that America is experiencing more than its share of natural disasters, and that there are more extreme weather events happening today than ever before? Turns out you’re right. Since 1970, the number of major storms, floods, earthquakes and heatwaves that cause at least ten deaths or prompt the declaration of […]

Savings Rates Decline

You don’t hear much about America’s personal savings rate these days, and the reason may be because the news is discouraging: collectively, the percentage of our income that we save is trending downward again, and may be about to hit record lows. The Federal Reserve Bank of St. Louis tracks the U.S. personal savings rate, […]

The New Tax Legislation

Chances are, you’ve heard that tax “reform” is right around the corner—that is, if you can call it “reform” when hundreds or perhaps thousands of new pages are about to be added to the tax code. First, the White House released its tax legislation wish list. Now the Republicans in the House of Representatives have […]

Anti-social Media

Have you ever wondered whether social media was having a positive or negative impact on our mental well-being? The American Academy of Pediatrics has issued a warning about the negative effects of social media on young kids and teens, and of course it mentions cyber-bullying. But it notes that the same risks may be true […]

Tax Reform Proposal

You can be forgiven if you’re skeptical that Congress will be able to completely overhaul our tax system after failing to overhaul our health care system, but professional advisors are studying the newly-released nine-page proposal closely nonetheless. We only have the bare outlines of what the initial plan might look like before it goes through […]

Economic Progress

 

It’s not uncommon to hear people wish that we could return to the “good old days,” when the world seemed more prosperous. Of course, depending on how far you go back, the “good old days” might cover a time when the world was poised on the edge of a nuclear precipice, when the […]