Daily Policy Digest

Economic Issues

Has Income Inequality Really Risen?

A variety of approaches show that inequality between the bottom and middle has not grown since the 1980s...

Free Market Falsehoods

An "ideal" economic system is not one in which no one ever makes a mistake; it is one in which the mistakes that people inevitably make are corrected as effectively as possible...

Housing Prices Rebound

The average house price went up over 12 percent from July 2012 to July 2013, according to the S&P/Case-Shiller house price index...

Why Economic Growth Is Getting Harder

Growth in real U.S. gross domestic product per capita has fluctuated fairly closely around an average annual rate of approximately 2 percent; there are strong reasons for doubting that this historic norm can be maintained...

Is the United States Canada's Socialist Neighbor to the South?

Since 2005 Canada has been more economically free than the supposed laissez-faire wonderland of the United States -- and the gap is widening...

Too Many Americans Are in Homes They Can't Afford

One in eight families getting a Federal Housing Administration loan from 1975 to 2011 has already been or will end up in foreclosure; that's over 3 million families...

Refocusing the Fed

Although the Federal Reserve's original purpose was primarily to provide liquidity during financial crises and ensure a low and stable rate of inflation, it is now expending more energy on targeting lower unemployment and higher growth...

Dodd-Frank Will Be Paid for by the Poor

Nearly 1 million people were shut out of mainstream banking completely from 2009 to 2011, according to the Federal Deposit Insurance Corporation...

The Inequality Illusion

In general, the findings are that people of all income levels now have access to many more material possessions than they did in the 1980s...

Labor Force Shrinking, Disability Claims Rising

Between 2007 and 2012 the number of applicants for Disability Insurance shot up from 11.2 per 1,000 working-age people to 14...


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