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Opinion: Looking for Prosperity? Go North!
By not in system - AOL NewsWhen Americans think of Scandinavia, what comes to mind is probably Ikea, breathtaking landscapes and maybe Ingmar Bergman's movies. But what they should do is ask how we can learn from Norway, Denmark, Sweden and Finland when it comes to prosperity. After all, these are among the most prosperous nations on the planet, according to Legatum Institute's Prosperity Index, which takes into account not only the drivers of economic growth but also factors that contribute to human well-being. The Prosperity Index is the world's only assessment of factors that lead to higher levels of material ...
Pros and Cons of Raising Retirement Age
By Andrea Stone - AOL News
WASHINGTON (Nov. 23) -- Thanksgiving is often a time for family fights, but this year, as politicians and policy wonks debate how to trim the federal debt, one idea may give all the generations at the table indigestion: raising the age to retire. Of all the ideas suggested by the chairmen of the bipartisan federal debt commission, raising the retirement age for Social Security may rank among the least popular. Polls show a majority oppose working longer to help shore up the program. Yet the 75-year-old entitlement program is expected to go broke by 2037 after the last of the baby boomers ...
Poverty Rx: Cash Payments Are Best Way to Help Poor, Study Finds
By Delia Lloyd - Politics DailyHow do we end world poverty? Boy, that's a head-scratcher. It's right up there with "Does God exist?" and "What's the meaning of life?" And here's a radical answer: Give the poor some money. And don't tell them what to do with it. Sounds crazy, right? Not according to three scholars in the United Kingdom. In a new study titled "Just Give Money to the Poor," Joseph Hanlon, Armando Barrientos and David Hulme argue that giving small amounts of cash on a regular basis to poor people may actually be the most effective way to lift developing countries out of poverty. The scholars ground their ...
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