A recent Huffington Post article reports that Low-Wage Workers Are Robbed More Than Banks, Gas Stations And Convenience Stores Combined. Studies reveal that most employees have some of their pay illegally withheld. Three times more money is lost due to wage theft than gas-station and convenience-store robberies. About a couple hundred million dollars of wage […]

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According to the U.S. Census Bureau, there are approximately 13.7 million single parents in the United States. 26 percent of children in the United States live in single parent homes. About 1.7 percent of single mothers and less than 1 percent of single fathers were widowed. 52.7 percent of fathers ordered to pay child support […]

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This blog and other publications like it often raise questions like, “How do we inspire people to take action against poverty?” The world has more than enough food to feed everyone and more than enough resources to provide clean water, clothing, shelter, education and health care for all. I firmly believe we can end poverty. […]

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Yesterday, I posted the full text of Obama’s speech on race in the forums, and I posted my comments on the speech in a blog post. Today, I found the full video of the speech on YouTube. If you have not already, I beg you to read or watch the whole speech: I love that […]

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Imagine No Lending

9 March 2008

In a recent post at the Philosophy Forums, I speculated that a society could avoid problems such as the recent credit crisis by not coercively enforcing contracts. In other words, lending would not exist in a formal way in that borrowers would not be forced to pay back what they borrow. I believe it would […]

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Forbes named Warren Buffett as the richest person in the world as of March 5, 2008. Personally, I admire Warren Buffet for a variety of reasons. Namely, he behaves in a down-to-earth way, and he has earned the title of philanthropist. Last year, he pointed out that he pays a smaller percentage in taxes than […]

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Children suffering from Poverty