Countries With The Highest Quality of Life

Income Equality and Standard of Living | Are you Better Off if Your Neighbors Aren’t?

Richard CummingsEconomics, Featured Posts, Politics Leave a Comment

In this article, we will take a look at countries with high income equality AND inequality and ask the question:  Between these two, which leads to a better standard of living for the whole? I recently wrote an article about socialism in Sweden.  With Joe Biden promising higher taxes on those making over $400,000 if he wins the presidency, the …

senate-second-stimulus-HEALS-mitch-mconnell

Second Stimulus Proposal – the HEALS ACT- In Danger of Collapse

Richard CummingsEconomics, Politics Leave a Comment

While Americans continue to wonder when they’ll receive their second stimulus check, the Republican-filled Senate continues to argue over the details of their new stimulus package called The HEALS Act. If you are wondering about how much a second stimulus check would be, the answer is that it would be roughly the same amount as the first stimulus check from …

beauty-of-socialist-sweden

Is Sweden A Socialist Country?

Richard CummingsEconomics, Featured Posts, Politics 2 Comments

This morning I was investigating whether Sweden is a socialist country.   Why?  Well, having just seen many accusatory commentators on Fox News claiming that we are “becoming a socialist country like Sweden”, I decided to put on my investigative cap and do some research. The first question that came to my mind was:  Is being like Sweden a bad thing?

america-the-new-mexico

America: The New Mexico?

Richard CummingsEconomics Leave a Comment

This essay was written in the mid-2000’s when the economies of Europe were thriving and the U.S. was unknowingly on the threshold of one of the biggest financial disasters in our history. This essay asks an important question that is perhaps even more valid today:  Are our entrenched practices holding us back in the modern economy? One startling example of …

bidet-uruguay

Uruguay: Bills, Bidets, and Boundaries

Richard CummingsEconomics, Living in Uruguay 1 Comment

There are 3 main cell phone companies:  Ancel, MovieStar, and CTIMovil. Like most South Americans, nobody here makes a phone call.  If you receive one, it’s important, or the person is rich and lazy. It’s comparatively expensive to make a phone call.  Everyone WhatsApps everything-it’s kind of hassle.  It’s not uncommon for someone to say “oh, my phone is out …

uruguay-freakonomics

Living In Uruguay–Richard’s Freakonomics

Richard CummingsEconomics, Living in Uruguay 1 Comment

This is an article I wrote about the Freakonomics of Uruguay back in 2007. Some of the observations would no longer be accurate today (like the tattoo one!) ……but some would. Thus, I leave this article about Uruguayan Freakonomics here for a glimpse of the past and perhaps some revelations about the present. I met a girl named Maria the …