Daily Policy Digest

Economic Issues

Bond Market Bubble?

Today, nonfinancial companies have borrowed to such an extent that their debt level equates to more than 55 percent of gross domestic product...

Myth of Economic Immobility

Eighty-four percent of Americans have higher family incomes than their parents had at the same age, across all levels of the income ladder...

Moving Up and Down the Income Ladder

Only 0.6 percent of the U.S. population will spend 10 consecutive years in the top 1 percent of the income distribution...

The United Kingdom: Exiting the European Union

If the United Kingdom were to leave the European Union, the economy would see a £1.3 billion increase in its gross domestic product...

Ignoring Single-Parent Families in the Inequality Debate

Just 2 percent of children raised in two-parent families experience poverty long-term, while more than 20 percent of children in single-parent families live in long-term poverty...

Was the Panic over Banking Runs Justified?

Total bank deposits actually increased during the 2007-2009 financial crisis period, suggesting that withdrawals were simply being moved to what were seen as stronger, healthier institutions...

Uber's Surge Pricing Model

Late night weekend rides using Uber are more expensive than daytime rides, because passengers are willing to pay more and fewer drivers want to work such late nights...

Price Fixing in Construction Contracts

By mandating higher wages (and because of the inefficiency of union work rules), the David-Bacon Act probably increases construction costs by 15 percent to 20 percent...

The Real Wage Gap Problem

Since 1980, men's wages have risen only by 6 percent, while women's wages have risen by 60 percent...

Liberating the Poor from Poverty

A work safety net -- which would guarantee a full-day, minimum-wage job -- could completely eliminate poverty in America, says Peter Ferrara, a senior fellow at the National Center for Policy Analysis...


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