Daily Policy Digest

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...

A Dynamic Analysis of Obama's Budget Proposal Shows Productivity Will Be Disrupted

Obama's 2016 budget proposal ultimately hurts capital formation, productivity, wages and employment across the board, but especially in capital-intensive blue-collar industries...

The United States Could Learn from Britain's Cash Market for Medical Care

Medicare outlaws price negotiation, short-circuiting the pricing mechanism that transmits vital information about what customers want and what suppliers can provide...

Rubio-Lee Tax Reform Plan: Good but could be Better

On the bright side, Rubio and Lee's proposal does include attractive pro growth features...

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 Veterans Independence Act: A Feasible Veterans' Health Care Reform

The Veterans Independence Act seeks to address the same basic problems lawmakers faced when they tried to reform the VA in prior years...

Capital Gains Tax Hikes do not Just Affect the Rich

In today's struggling entrepreneurial climate, policymakers can ill-afford to impose additional taxes on productive workers and small businesses, or reduce the rate of return on capital investment...

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...


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