Articles & Interviews

The influence of generic drug production on developing countries

Due to the difficulty in accessing drugs from brand-name pharmaceutical companies, most patients in developing nations are heavily relying on less-expensive generic drugs.

One inhibiting issue is that of patenting and intellectual property protection. The World Trade Organization’s

Employee Ownership Mutual Funds

When companies participate in an Employee Stock Ownership Plan (ESOP), the results are fairly conclusive. A Rutgers University comparison of benefits between ESOPs and non-ESOPs shows that employee ownership plans are financially beneficial for workers. Individuals who

Book Review: ‘The Rebirth of Education’

On Dec. 10, 1948, the United Nations General Assembly passed the Universal Declaration of Human Rights that created a vision of peace and prosperity for the world. As part of that vision, the Universal Declaration sought to

Why Buy Leisure Goods?

Personal debt levels are very high and, since the recent financial crisis, are rapidly rising. The reasons why levels are so high vary. For example, some people have mortgages so and therefore they get a long term

“Ten Commandments” of Personal Finance

I was recently speaking with someone about the personal financial challenges that I have observed over time. Toward the end of our conversation the person I was speaking with stated that, “It would likely be helpful if

Selecting A Charity: Trust But Verify

A good friend recently asked me several questions about selecting a charity. As I was considering how to respond, he asked, “Isn’t it a lot like selecting an investment?”

There are obvious differences between making an investment and

How to Save Capitalism

A robust and relatively wealthy middle-class has long been a trademark of the United States. This is still the case, although in recent years we have seen the middle class, as well as the poorest of Americans,