Daily Policy Digest

Economic Issues

Instructions for States Further Welfare Reforms

Welfare eligibility and enrollment have expanded significantly since the Great Recession began in late 2007...

Right-to-Work Laws Have More Benefits over Unions

Yesterday, Wisconsin became the 25th right-to-work (RTW) state after adopting laws that prevent unions from forcing workers to pay dues as a condition for employment...

The U.S. Economy in 2015: Still on the Upswing

Economists in public and private sectors expect a return to stable growth in 2015...

How Much Will The Farm Bill Cost? The Congressional Budget Office Doesn't Know

Congress could protect Americans by repealing the farm bill...

Policy Suggestions Based on Research Using Microdata

While international trade and capital flow usually benefit overall economic growth and reduce cross-country income inequality, trade and capital market liberalization could induce an increase in income inequality within a country...

The Institute of Electrical and Electronics Engineers Patent Restrictions Will Discourage Innovation

Ignoring the tradition of non-intervention in licensing negotiations undermines support for strong patents, which are critical to economic growth and innovation...

The Federal Reserve's Power to Act as Lender-Of-Last-Resort Is Necessary for a Stable Financial System

The FDIC cannot expand guarantees to bank depositors without congressional approval, and the Treasury cannot do the same to money-market funds without new legislative authority...

Texas' Economy Thrives Despite Unionism

While Texas boasts lows costs, low taxes and plenty of jobs, what the Lone Star state does not have much of, however, is workers unions...

Key Points in Texas Governor Abbott's Budget Reforms

Texas Governor, Greg Abbot, a fiscal conservative, did not waste time making recommendations for spending limit reform and relief that would help restrain the footprint of government...

Federal Financial Regulators Prevent Free Enterprise

Federal financial regulators celebrated the New Year by compiling more than 11,000 pages of rules and regulations, most of which are aimed at the free enterprise capitalist system...


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