Payday loan companies in Utah

Utah is a “business-friendly” state. While this can be fine for legitimate businesses such as grocery stores, clothing stores, car dealerships, plumbing businesses and others providing a beneficial product or service, the state of Utah has “business-friendly” laws that also extend to payday loan companies. I’ll argue that these laws are anti-family, which is inconsistent […]

Facade of a suit and tie with the insurance companies

The perception of insurance companies as a “sham industry” often stems from public frustration with specific business practices. Executives wearing suits and ties project professionalism and trustworthiness, which is crucial for industries that rely on consumer confidence. However, critics argue that this polished appearance can mask issues within the industry, such as:

Prodigal Accumulators of Wealth and Under Accumulators of Wealth from Millionaire Next Door

In The Millionaire Next Door by Thomas J. Stanley and William D. Danko, PAWs (Prodigious Accumulators of Wealth) and UAWs (Under Accumulators of Wealth) are two categories the authors use to describe people’s wealth-building habits and financial behaviors. Key Concepts: Formula to Identify PAWs and UAWs: The authors provide a simple formula to calculate expected […]

Great Depression

The Great Depression was a severe global economic downturn that lasted from 1929 to the late 1930s, and it had profound social, economic, and political effects. Here are the key aspects: Causes Effects Government Response Global Impact Legacy The Great Depression remains a defining event in modern economic history, illustrating the vulnerabilities of the global […]