By Paul Boyce The physician shortage is real, present, and only set to worsen. A recent analysis by the of American Medical Association Colleges projected a shortage of up to 122,000 physicians by 2032. This is firstly impacted by an aging population. As the baby boomers come into retirement, demand will increase rapidly. To make matters worse, roughly 33 percent of … [Read more...] about How Government Regulations Mean Fewer Doctors
The Teacher Shortage Is Real and about to Get Much Worse. Here’s Why
By Paul Boyce One of the main stressors of teaching is the sheer amount of testing. Students are tested as frequently as twice per month and an average of once per month. While testing has been around for decades, its increased involvement returned in 2002. As a result of the No Child Left Behind Act (NCLB), teachers are “teaching to test.” These tests were designed to … [Read more...] about The Teacher Shortage Is Real and about to Get Much Worse. Here’s Why
Schools Are Outdated. It’s Time For Reform.
By Paul Boyce The public education system we currently know has been around for more than 150 years. However, the basic schooling model remains the same. Roughly 20 to 30 kids of the same age are stuffed into a classroom and taught by one teacher. Even though the curricula have developed, the essence has stayed the same. Children are still taught in a standardized and … [Read more...] about Schools Are Outdated. It’s Time For Reform.
Lessons from Spain’s Minimum Wage Experiment
By Paul Boyce The impact of a higher minimum wage will depend on how much it is increased. For example, a new minimum wage of $20 will have a more significant effect than $10. Further, the impact can vary depending on how rapidly it is increased. Increasing the minimum wage to $20 over five years will have less of an impact than an increase in one year. It is because of such … [Read more...] about Lessons from Spain’s Minimum Wage Experiment
Why the Minimum Wage Can’t Solve the Poverty Problem
By Paul Boyce If wages for those at the bottom are high, you may naturally expect low poverty rates. No matter how you define it, higher wages would most logically relieve poverty levels. This is also the argument made by the Economic Policy Institute (EPI). An increase in the minimum wage may very well reduce poverty in the short-term. However, there will be adjustments. … [Read more...] about Why the Minimum Wage Can’t Solve the Poverty Problem
Occupational Licensing — An Unnecessary Evil
By Paul Boyce Occupational licensing comes under the guise of protecting the consumer from poor quality service. Professions that require licensing in the US include; nursing, law, dentistry, teaching, accounting, psychology, engineering, and architecture — among many others. This is to ensure that the service received is of a satisfactory standard. Occupational … [Read more...] about Occupational Licensing — An Unnecessary Evil