Daily Economy News
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Thanks to Social Media, Millennials Are Revamping the Beauty Industry
One of the most groundbreaking characteristics of social media is that it connects consumers and entrepreneurs directly, giving businesses the opportunity to better understand and serve their clientele.
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Crony Capitalism Threatens Airbnb in South Africa
When more competitors enter the market, it simply gives consumers more options. That doesn’t necessarily mean that established firms will disappear; it only means that they will have to adapt to meet customers’ demands so they can better compete with the newcomers.
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Millennials Struggle to Enter Middle Class — What Government Has to Do With It
As millennials struggle to pay off their debt, buying a home and building a family both become a distant dream. Thankfully, we can use data provided by the OECD to urge others to look at the student-loan crisis from a different perspective. Perhaps in time, more will realize that our reliance on the state is…
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Private Enterprise — Not Government — Will Save Notre Dame
As we see in the aftermath of this tragedy, it is private citizens like them who truly care, while governments such as Macron’s will often leave publicly owned monuments on the verge of abandonment. It is only when major incidents like this happen that we truly appreciate private ownership.
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Kardashian West to Become Lawyer to Do More for Criminal Justice Reform
In recent decades, many states began to look at criminal-justice reform to fix their own systems. With overcrowded prisons burning through taxpayer cash, many state lawmakers sought to pass reforms to help keep nonviolent prisoners from being thrown in jail for life. Unfortunately, not of all of these reforms went far enough, as drug-related offenses…
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London’s Uber, Cab Drivers Get the Yellow Vests’ Bug, Rail Against Fossil Fuel Taxes
Also known as the yellow-vests movement, the gilets jaunes movement in France gets a lot of hate from the left-leaning media. To critics, climate change requires government action, and if that means the working class will have to endure more poverty and misery, that’s just how it is.
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Europe Wants to Keep Continent in the Technological Dark Ages
Whether governments are going after scooters, targeting Google for selling advertising space, or limiting consumers’ data access, it seems that not even Europeans’ eroding trust in government is enough to get them to rally against stifling innovation. Still, tech fights on.
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What Kohl’s “Phoenix” Moment Can Teach Us About the Market
By finding a way to make the life of consumers easier, Kohl’s managed to stay relevant while boosting its sales in the meantime. In this case, the firm learned that if you can’t beat them, you might as well join them. And by working on something new, something that has drawn in younger customers to…
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Millennials Are a Trillion Dollars in Debt. Why Are They So Broke?
Young people were never as deep in debt as they are now, a new New York Federal Reserve report claims. And while there are plenty of factors that led to the current crisis, there are some underlying economic problems that have made this situation worse.
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Let the Market, Not Government, Provide Broadband to Rural Citizens
Still, there’s absolutely no need for the government to pretend it has the duty to provide this service. As a matter of fact, it is the very roadblocks imposed by local governments that make it difficult for companies to have a greater presence in remote areas.
-
•
Thanks to Social Media, Millennials Are Revamping the Beauty Industry
One of the most groundbreaking characteristics of social media is that it connects consumers and entrepreneurs directly, giving businesses the opportunity to better understand and serve their clientele.
-
•
Crony Capitalism Threatens Airbnb in South Africa
When more competitors enter the market, it simply gives consumers more options. That doesn’t necessarily mean that established firms will disappear; it only means that they will have to adapt to meet customers’ demands so they can better compete with the newcomers.
-
•
Millennials Struggle to Enter Middle Class — What Government Has to Do With It
As millennials struggle to pay off their debt, buying a home and building a family both become a distant dream. Thankfully, we can use data provided by the OECD to urge others to look at the student-loan crisis from a different perspective. Perhaps in time, more will realize that our reliance on the state is…
-
•
Private Enterprise — Not Government — Will Save Notre Dame
As we see in the aftermath of this tragedy, it is private citizens like them who truly care, while governments such as Macron’s will often leave publicly owned monuments on the verge of abandonment. It is only when major incidents like this happen that we truly appreciate private ownership.
-
•
Kardashian West to Become Lawyer to Do More for Criminal Justice Reform
In recent decades, many states began to look at criminal-justice reform to fix their own systems. With overcrowded prisons burning through taxpayer cash, many state lawmakers sought to pass reforms to help keep nonviolent prisoners from being thrown in jail for life. Unfortunately, not of all of these reforms went far enough, as drug-related offenses…
-
•
London’s Uber, Cab Drivers Get the Yellow Vests’ Bug, Rail Against Fossil Fuel Taxes
Also known as the yellow-vests movement, the gilets jaunes movement in France gets a lot of hate from the left-leaning media. To critics, climate change requires government action, and if that means the working class will have to endure more poverty and misery, that’s just how it is.
-
•
Europe Wants to Keep Continent in the Technological Dark Ages
Whether governments are going after scooters, targeting Google for selling advertising space, or limiting consumers’ data access, it seems that not even Europeans’ eroding trust in government is enough to get them to rally against stifling innovation. Still, tech fights on.
-
•
What Kohl’s “Phoenix” Moment Can Teach Us About the Market
By finding a way to make the life of consumers easier, Kohl’s managed to stay relevant while boosting its sales in the meantime. In this case, the firm learned that if you can’t beat them, you might as well join them. And by working on something new, something that has drawn in younger customers to…
-
•
Millennials Are a Trillion Dollars in Debt. Why Are They So Broke?
Young people were never as deep in debt as they are now, a new New York Federal Reserve report claims. And while there are plenty of factors that led to the current crisis, there are some underlying economic problems that have made this situation worse.
-
•
Let the Market, Not Government, Provide Broadband to Rural Citizens
Still, there’s absolutely no need for the government to pretend it has the duty to provide this service. As a matter of fact, it is the very roadblocks imposed by local governments that make it difficult for companies to have a greater presence in remote areas.