Allison Schrager is a senior fellow at the Manhattan Institute and a City Journal contributing editor, where her research focuses on public finance, pensions, tax policy, labor markets, and monetary ...

Dependency ratio measures non-working age population; high ratios strain social services. Rising U.S. dependency ratio shows more seniors, stressing Medicare and Social Security. View dependency ...

Capital includes assets like cash, machinery, and patents used to create value. Businesses acquire capital through equity, debt, or retaining earnings. Capital investment decisions are based on the ...