What does Illinois export and to which countries? While overshadowed by Springfield politics regarding pensions, concealed weapons, and gay marriage, Governor Pat Quinn recently visited Mexico on a trade mission. This jaunt was the fifth such mission having previously visited: Belgium, Brazil, Canada, & China. Leaving aside FDI and trade in services (for this article … More What Does Illinois Export?
What is America’s obsession with the penny? Quoting a study from 1976, the US Mint suggested that the humble penny is the “most widely used denomination in circulation.” Even more bizarre, the one cent coin requires nearly 2.5 cents in raw materials. A penny saved is now a penny and half of your tax dollars … More The Poor Penniless Penny