Author name: Augusta Oakey

Augusta Oakey is an investigative economic researcher who specializes in dissecting the intricate and often obscured connections between market forces, policy decisions, and institutional power. Her work is characterized by a rigorous, evidence-based methodology that delves into complex financial data, corporate structures, and global supply chains to uncover systemic truths. She operates with a foundational belief that economic systems are not abstract concepts but powerful engines built on specific choices, and his analyses are dedicated to exposing the mechanisms, incentives, and real-world consequences of those choices for the public.

Economics

When ‘Poor’ in America Means Middle Class in China: The Poverty Line Paradox

In the United States, an income of around $12,000 to $15,000 per year, roughly the federal poverty line for a single adult, signifies hardship. It’s an income level associated with struggle: choosing between rent and groceries, skipping medical care, and relying on food banks or government aid. As of 2022, about 37.9 million Americans (11.5% of the population) lived below the official poverty line. For a family of four, this threshold was about $26,500 in recent years, while for an individual it hovered in the mid-teens (thousands of dollars).… Read more
Economics

Insurance or Else: How American Healthcare Uses Sky-High Prices to Scare You into Coverage

Picture this: you get a routine medical procedure in the United States – say a minor surgery or an overnight hospital stay. A few weeks later, a bill arrives and your jaw drops. The hospital’s invoice lists a dizzying $20,000 for the procedure, an eye-watering sticker price that could wipe out your savings. Fortunately, you have health insurance, and after some mysterious “adjustments,” your insurer only pays about $5,000. You’re relieved, but also perplexed.… Read more
Economics

America’s $85,000 Mirage: Why GDP Per Capita Misleads on Prosperity

On paper, the United States is one of the richest countries in the world. The nation’s gross domestic product (GDP) per capita is hovering around $85,000 as of 2025. In theory, that means every man, woman, and child in America could claim $85k worth of the country’s annual economic output. It’s an eye-popping figure that suggests a nation awash in wealth. So why do so many Americans feel like they’re barely scraping by?… Read more
Scroll to Top