Government bans on the sale and distribution of raw milk and raw milk products are enforced in the name of public safety. But many people enjoy the health benefits of milk that has not been pasteurized, and some farms want to sell it.
It’s bad enough that the Affordable Care Act is raising premiums and deductibles—and perhaps lowering your tax refund. In addition, the ACA has given the Food and Drug Administration the power to go after your favorite vending machine.
A popular sport evolving over dinner tables across the United States is the discussion of whether tech is going to kill or create jobs. Behind the boom in tech is the discussion of “The Internet of Things.” The Internet of Things (IoT) is an all – encompassing term depicting the changing landscape of how data is leveraged by big industry.
With more than one million jobs added in the past three months, the unemployment rate nearly one full percentage point lower than a year ago, and rising consumer confidence, the economy is clearly on the uptick. Yet there is a worrisome disconnect between Federal Reserve officials and financial markets about what needs to be done in the near future
An active -- and often colorful -- debate surrounds recent legislative proposals to “audit” the Federal Reserve. While participants on both sides of this debate have not always been careful to explain exactly what such an “audit” would entail, all of these proposals emphasize that the central bank requires closer monitoring.
As long as spending growth in Social Security, Medicare, Medicaid and the ACA continues unabated, we can expect the share of national resources devoted to other federal government priorities to continue to decline. As former President Clinton might say, “it’s arithmetic.”
The conventional wisdom holds that oil prices collapsed because of a positive supply shock. As technological innovation enabled energy companies to extract previously untapped shale oil and gas, producers were willing to supply more at any given price than they were before. That storyline has some glaring gaps. For example, domestic crude oil production has been steadily increasing for six years, practically doubling in that time period to a record 9.2 million barrels a day.