Category: Opinion
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How High Taxes Drive Talent and Wealth Away: Lessons from Norway and Beyond
in OpinionHigh taxation policies, while intended to fund social welfare programs and reduce income inequality, come with significant disadvantages. These policies can stifle economic growth, deter investment, and prompt an exodus of wealth and talent. Countries with heavy tax burdens, such as Norway, Sweden, and France, have grappled with these challenges, highlighting the unintended consequences of…
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You Don’t Need a Fancy Mission Statement to Live a Great Life
in OpinionIt’s almost the end year, the moment when people will ask you about your goals for 2025, or they will ask you if you have a mission statement for the year. And you will be compelled to say some virtual signaling phrases that will sound good in front of your friends and on social media.…
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Faith, Freedom, and the Future: Are We Outgrowing Religion?
in OpinionDo people choose their religion, or is religion a geographical accident? I’m from Colombia, a country colonized by Catholic Spaniards, and, as expected, my family’s religion is Catholicism. My friend Rania is from Morocco, a country conquered by an Islamic army in the 8th century. Unsurprisingly, her religion is Islam. Most people don’t actively choose…
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How Globalization Shapes Income Inequality: Lessons from History and Modern Trends
in OpinionPoints in this article: Making money is a talent like many others People have many different talents and attributes. Some people are amazing artists, others are great at sports, some women might be extraordinarily attractive and they know how to leverage their looks, and some people are good at the game of making money. However,…
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Challenges and Opportunities of Declining Birth Rates
in OpinionFertility rates are falling worldwide, across all income levels, education backgrounds, and labor force participation rates among women. According to the World Bank and UN estimates, the current global fertility rate is approximately 2.4 children per woman—down from about 5 children per woman in the 1950s. A replacement fertility rate (the rate needed to maintain…
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Why Young People Feel Hopeless About Money—and How to Change That
in OpinionI have a few young friends and family members, and I often try to spark their interest in the stock market, investing, or starting new ventures. Sometimes, I get a few nods and smiles; other times I get an eye roll, but most of the time I get ignored or dismissed. When I came to…