Two days ago, President Joe Biden announced that he is canceling some portion of student debt for individuals who earn less than $125,000. American Experiment has written extensively in the…

According to CNBC, The Department of Education announced Tuesday that it will cancel nearly $4 billion worth of federal student loans for 208,000 borrowers defrauded by a popular for-profit institution. All remaining students…

According to the Bureau of Labor Statistics, price levels were unchanged in July after rising 1.3 percent in June. And over the year, prices were up 8.5 percent, down from June’s…

At a time when researchers are arguing about how to define a recession, things just got even more interesting. According to the Bureau of Labor Statistics (BLS) Total nonfarm payroll…

According to a new study, In the United States, higher taxes on electronic nicotine delivery systems (ENDS) are associated with decreased ENDS use but increased cigarette smoking among 18-25 year-olds, with…

Seems to be the question on a lot of people’s minds. Earlier today, the Bureau of Economic Analysis (BEA) released GDP data for the second quarter of this year. And…

Up until 2019, New York City landlords in rent-stabilized apartments were allowed to reset rents once a tenant had moved out — also known as vacancy decontrol. But in 2019,…

This just in — Democrats are involved in negotiations that would revive the seemingly dead “Build Back Better” plan, or at least some parts of it. According to new reports,…

Inflation does not seem to be slowing down. In fact, according to the latest data from the Bureau of Labor Statistics (BLS), prices rose 1.3 percent in June compared to…

Today, the Food and Drug Administration (FDA) announced a rule proposing a federal ban on Menthol cigarettes. As reported by the Wall Street Journal, “The ban would prohibit the sale…

If you have looked at the news lately, chances are you have read that the Florida legislature passed a bill that will dissolve the private government that Walt Disney World currently operates.…

One thing that has characterized the pandemic has been a shortage of workers. To that, numerous businesses have raised wages in order to attract workers. The latest is Walmart, which…

President Joe Biden presented his budget for the fiscal year 2023, and much like earlier proposals with his Build Back Better plan, the proposal does not deviate from Biden’s core…

The value of a dollar is what it can buy you. In economics, this is referred to as purchasing power. A dollar is worth more if it can buy you…

During the pandemic, people made calls for the cancellation of student debt. However, the best that President Joe Biden could offer was putting a pause on loan payments. These calls…

Proponents of minimum wage laws often claim that the laws are responsible for increasing incomes of low-wage workers. In that case, employers are assumed to have significant market power, while…

The effects of minimum wage hikes on the workforce are well documented. According to research evidence, minimum wage hikes lead to job losses and may also cause employers to reduce…

Americans are dying. More specifically, non-college-educated, middle-aged white Americans are dying at higher rates compared to older generations of non-college-educated white Americans when they were at the same age, as…

Proponents of licensing — and other forms of regulation –– proclaim that customers usually lack sufficient information to measure the quality or safety of products. In this case, licensing signals a…

Meta (the new name for Facebook’s parent company) lost more than $200 billion in stock value on Thursday. As a result, Mark Zuckerberg saw his net worth significantly drop. Facebook…