On February 1, 2012, Indiana Governor Mitch Daniels signed a "right to work" (RTW) provision in the state's labor laws, making Indiana the 23rd RTW state in the nation. In addition to becoming the 23rd RTW state in the nation, Indiana is the first in more than a decade to pass a law undermining the ability of unions to organize and…

The first thing many learn about international poverty measurement is that European nations apply a "relative" poverty threshold and that they also do a better job of reducing poverty. Unlike the European model, the "absolute" U.S. poverty threshold does not increase in real value when the nation's standard of living rises,…

This article describes how a 169-page report "Tough Choices or Tough Times" by the New Commission on the Skills of the American Workforce affect the educational and economic stability of the United States. The report says, that the United States is losing ground in the global economy because the nation's education system is failing at…

Human capital--the productive capacity that is embedded in people--is one of the most important contributors to the growth in nations' output and standard of living. Globalisation and technological change have increased the importance of human capital in recent years, to the point that there are now only two options to sustain high profits and…