Daily Policy Digest

The Growing Benefits of a Warmer World

Climate change over the last century has added 1.4 percent to global economic output; by 2025, that figure should reach 1.5 percent of gross domestic product...

Reducing Medicare Spending

Lowering spending on Medicare is necessary, but it is unlikely that the United States will actually see lower spending growth from the Affordable Care Act...

Getting Rid of Investor-State Dispute Settlement

The Investor-State Dispute Settlement mechanism weakens the rule of law, forces public subsidization of investment risk and encourages outsourcing...

States Considering Gas Tax Hikes

Raising the gas tax is going to be difficult, so many states are trying to link their gas taxes to inflation or set the tax at a specific percentage per gallon, as 18 states and Washington, D.C., currently do...

America Needs to Rethink Retirement

A 2005 study of Japan found that increasing the retirement age from 60 years old to 65 years old could raise per capita gross domestic product by 10 percent by the year 2025...

Economy Suffers from Government-Directed Lending Policies

Government policies that force banking and other institutions to offer loans at unprofitable rates essentially impose a tax on financial activity...

San Jose's Pension Reforms: A Case Study

From 2003 to today, San Jose saw its unfunded liability for post-employment benefits increase from $300 million to more than $4 billion...

ObamaCare's Impact on Low-Wage Compensation

ObamaCare will lower aggregate labor compensation by 1 percent each year between 2017 and 2024, meaning individuals will receive somewhere between $700 and $900 less in compensation...

Doctors Seeking Multiple Licenses to Practice Telemedicine

Some states are considering interstate compacts that would allow participating states' doctors to practice across borders, and would provide both doctors and patients legal protections...

Kill the FDA -- Before It Kills Again

U.S. Food and Drug Administration procedures are incredibly time-intensive, and new drugs take 10 to 15 years to finally reach the market at a cost of $800 million, on average...


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