According to the law of comparative advantage in economics, each country has production advantages in comparison to other states. Venezuela too, has its strengths. It produces more Major League baseball players per capita than most other countries. Along with Puerto Rico, it has won the most Miss Universe crowns over the past two decades. Venezuela […]
Next year the Obama administration will likely push for comprehensive immigration reform that legalizes millions who are currently in the United States without documentation. The US has an estimated 11 million “illegal immigrants”, representing approximately 3% of the total population. (Note: Please see a clarification on terminology below.) This is an astonishing number. Albeit the […]