Daily Policy Digest

Economic Issues

Should Policy Attempt to Avoid Financial Crises?

Financial crises may play a role in generating output declines, but they do not appear to be so deleterious that policy should be obsessed with avoiding them...

Economic Freedom of the World

Ranked against other nations, the United States is 17th in terms of economic freedom...

How Economic Freedom Promotes Better Health Care, Education and Environmental Quality

Economically freer countries throughout the world continue to outperform their repressed counterparts on environmental protection...

Strengthening Our Financial System

Capitalism and fractional reserve systems are very successful systems, but they also are volatile...

Low Labor Force Participation: What Congress Can Do to Help

Small-business owners are more likely to cite either taxes (21 percent) or regulations and red tape (21 percent) than poor sales (16 percent) as their single greatest problem...

Why the Economy Is Recovering Slowly

Attempts to jumpstart the economy with demand-side fiscal stimulus merely causes the government to pile up more debt, with any growth effects being offset by the Federal Reserve...

Would a Free Market Lead to Fewer Smokers?

The sale of the two least hazardous recreational nicotine products -- e-cigarettes and Swedish snus -- are banned in many countries despite growing evidence that they can play an important role in reducing the smoking rate...

Arizona on the Rise

Arizona’s non-judicial foreclosure process has allowed distressed properties to be taken off the market faster than similarly hard hit states, driving prices upward...

When It Pays Not to Work

The number of people receiving unemployment benefits is 23 percent higher compared to five years earlier and 55 percent higher than 2003...

More Large-Scale Lending by the International Monetary Fund?

The most useful role that the International Monetary Fund can play in the current emerging market economic crisis is to help those countries get back to an economic policy path that restores both domestic and external investor confidence in those economies...


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