Traveling was once a luxury for the rich, but today even working-class people enjoy vacations. In America, people have gotten so wealthy that planning summer vacations is a priority for many families. Living standards have improved so tremendously that elite amenities are now commonplace.
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Lipton Matthews
Voting with Their Feet: The Lure of Migration
The exodus of human capital is a primary concern for developing countries wishing to stem the tide of emigration. Some believe that emigration prevents poor countries from capitalizing on the talents of their best people. Critics suggest that poor countries would excel if the smartest minds did not emigrate. Theoretically, this sounds plausible; however, it … Read more
Real Progress Versus the Progressives
Depending on one’s perspective, technology can be viewed as either an opportunity or a threat. Some people celebrate technical advances, while others show disdain. Entrepreneurs are frequently eager to capitalize on the potential advantages of new technologies, but where entrepreneurs see room for dynamism, naysayers see doom.