iPhone and the Trade Deficit
Turn over your iPhone and you'll see that it's "assembled in China." But that doesn’t mean that most of the profits or revenue go there. It also doesn't mean that your purchase of an iPhone contributed very much to the U.S. trade deficit, even though that's what the government trade statistics tell us.
full articleRecent By The Numbers Archives
Our Aging Capital Stock - Mandel on Innovation and Growth
If things feel more decrepit and worn-out these days, it’s because they are. The average age...
Who Pays the Estate Tax? - Tax Foundation
So who pays the estate tax? What parts of the country are most affected by it? Here is a table...
Depression Era Attitudes - Pew Research Center
American attitudes today form an interesting contrast with many of the public's views during the...
Municipal Debt - Veronique de Rugy, Reason Hit & Run
When state and local governments want to spend more than they collect in revenues, they issue...